How TD Jakes accumulated his net worth

[Music] howdy Jake's accumulated his net worth American televangelist bishop TD jakes has been an estimated fortune of 147 million dollars this makes them among the top richest pastors in the world and America TD jakes is the pastor of The Potter's House a non-denominational Church as well as an author and filmmaker Jake's is known for his own ministry TD Jakes ministers on the potter's house in Dallas Texas apart from being a preacher TD jakes is also into gospel music and has produced many gospel albums TD Jakes is a rich man and lives a comfortable lifestyle he owns private jets drives sleek cars the rolls-royce ghost Maybach 52s Cadillac Escalade where his designer clothes on expensive watches but have you ever wondered how he made his huge net worth join us as we bring you how t d Jakes accumulated his net worth give us a like and subscribe to watch other interesting videos book sales TD jakes has written a lot of books in which he earns royalties from Jake's is the best-selling author of 40 books which include instinct the power to unleash your inborn drive on the seventh day live in gaad's anointing not easily broken woman Thou Art Loosed follow this star God's leading lady among others his most popular book woman Thou Art Loosed sold more than eight hundred thousand copies by 1996 making it the third best-selling religious book he's also sold millions of books from which she's received millions of dollars in form of royalties a contributory factor to his new huge net worth movies Bishop TD jakes also has made his money from producing movies some of the movies he's produced include heaven is for real Sparkle Jumping the Broom not easily broken woman Art Loosed black Nativity among others woman Thou Art Loosed won the American Spirit Award for independent cinema at the 2-tone 2004 Santa Barbara International Film Festival the movie grossed nearly 7 million dollars and a 521 screen limited release his 2013 musical film black Nativity was made a seventeen and a half million production budget yet pulled in only 7.3 million worldwide however his other movies such as heaven is for real grossed ninety 1.4 million Schillings from a 12 million dollar budget Sparkle grossed twenty four point four million dollars from a twelve million budget jumping the room Jumping the Broom grossed thirty seven point three million dollars from a six point six million budget not easily broken grossed ten point six million dollars from a five million dollar budget speaking gigs being a gifted speaker Bishop TD Jake has also made his money from speaking gigs and with someone with his profile and celebrity he's making at least $100,000 press speaking gig if he's a guest speaker at various events for 10 months a year at $100,000 per month he's easily clearing 1 million dollars off speaking gigs alone Jake's has been blessings to his audiences who have learnt a lot from his talks on spirituality investments and relationships among other topics music Bishop TD jakes has created nearly 20 albums under his dexterity sounds labeled even winning a Grammy Jake's produced sacred love songs which was named the top gospel album of the year by billboards his other album the storm is over followed in 2001 the storm is over received not only Dove and Grammy Award nominations but also NAACP image and stellar gospel awards for best gospel album in the contemporary genre Jake's continued to produce his music inspired by his book God's leading ladies album of Christmas songs entitled followed the star TD jakes has earned his fortune from his music in the form of royalties investments TD jakes has also made various investments that bring him lots of money his investments generate additional passive income from the form of mutual funds stocks and things like real estate TD jakes owns a lot of real estate in Texas he often rents the space out and gets income each month and when they're vacant he's only making money in the value of property increasing every year investments is a big source of growing his wealth because he's already wealthy he's hired asset managers who invest and oversee his financial portfolio royalties from CD and DVD sermons Bishop TD jakes also earns royalties from CD and DVD sermons he gets a royalty for each sermon CD or DVD his church sells that is preached separate from his standard salary from the church bookstores orders his team CDs and DVDs in bulk making him a royalty from those sales with a base price of $15 apiece TD sales makes millions of dollars from his sales salary from the church TD jakes also earns a salary from his church it's estimated he makes $200,000 as salary from his church making him to be among the highest paid pastors in America and the world he's contributed to his huge net worth thanks for watching subscribe for other videos

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Id: MlbzGMhBLKU

Length: 6min 15sec (375 seconds)

Published: Wed Oct 16 2019