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Jim Bakker is a TV evangelist who became famous during the 1970s and 1980s by participating in the TV show ‘The Praise the Lord (PTL) Club’ alongside Tammy Bakker. The show saw a huge growth in popularity and led to the two launching their own satellite network. However, the controversy over sexual harassment and the discovery of financial fraud saw its rapid collapse. However, he never lost his love of TV and, after his release from prison, continued to run a gospel program.
Jim Bakker: How to Earned Money?
Jim Bakker became a household name on Christian television when he first became involved in the ‘PTL Club’ with his then-wife Tammy Bakker. Although the show was originally televised exclusively in North Carolina, the duo quickly grew by buying airtime across the US. In time, the show gained significant follow-up, and the couple transformed it into a full-time satellite network. As a religious show, the people who follow it donate freely, and soon the Bakkers are able to afford a life of luxury and abundance. Reports say the Bakker regime was reaching a few million dollars at the time of the intensification of their success.
Surprisingly, in 1987, a local newspaper report filed a lawsuit alleging sexual harassment against Jim Bakker. The complaint further led to a thorough investigation by the entire PTL organization, and an investigation into possible financial fraud. Eventually, the Bakker regime collapsed when Jim was arrested and convicted of conspiracy and several counts of telephone and postal fraud. He was sentenced to 45 years in prison in 1989 (later reduced to eight years). While in prison, Tammy decided to separate from her husband at the time and officially divorced Jim in 1992.
After being pardoned and released from prison in 1994, Jim Bakker remarried and decided to return to his TV career. He and his second wife, Lori, started the ‘Jim Bakker Show’ in 2003 and have since gained little popularity. Through the show, she also advertises and sells a wide range of products, including dried foods. In addition, Jim is spreading his belief about the upcoming rapture in the hope that it will probably increase the demand for his frozen products. In addition, based on his rapture, Jim also tries to sell “apocalypse-friendly” cabinets and water bottles for $ 150 each. In addition, he even continues his ministry, in Morningside.
In 2020, Jim found himself embroiled in another controversy when his Department was accused of selling fake Covid remedies. Reports have suggested that Jim is selling a compound called Silver Solution, which has no additional health benefits. Therefore, he was immediately charged, and his service had to return every buyer. The department had to pay a total of $ 156,000 to clear the case. After the debate, Jim mentioned that he had been banned by credit card companies and urged viewers to submit their donations in cash or by check.
Jim Bakker’s Total Net Worth
Considering all of Jim’s ways of earning money, the latest controversy, and litigation, Jim Bakker has an estimated total net worth of $ 500,000.
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