Joel Osteen’s Net Worth: Does He Get Paid By His Church?

Joel Osteen is an American televangelist, author, pastor, and businessman known for being the senior pastor of the 16,800-capacity megachurch “Lakewood Church” in Houston, Texas.

Joel Osteen’s Net Worth

Joel Osteen is known as one of the richest pastors in the United States, mainly because he leads Lakewood Church.

Reports say his church, Lakewood Church, makes about $70 million in profit every year. With this financial success, Joel Osteen’s total wealth is estimated to be $100 million.

However, it might interest you that since 2005, Joel Osteen has stopped taking money (salary) from his church.

Instead, he makes money from different sources like book deals, royalties from his books, selling calendars, getting paid to speak at events, and selling other things with his name on them.

Joel Osteen House

Joel Osteen owns a lavish home in Houston that he purchased for $10.5 million in 2010.

The house is very spacious, about 5,600 square feet, and inside it, it is said to contain six bedrooms, six bathrooms, and three elevators.

The property also includes a pool house and a separate one-bedroom guest house.

As of the latest information, the estimated value of Joel Osteen’s Houston home has increased to $14-16 million.

Additionally, it’s worth noting that Joel Osteen and his family still own another house in Houston, reportedly worth $3 million.

Joel Osteen Ferrari 458 Italia

There have been reports suggesting that Joel Osteen is the owner of a Ferrari 458 Italia, a luxury sports car with an estimated value of $325,000. This news sparked a considerable reaction on social media.

There were even reports of Pictures circulating on Twitter showing a silver/black Ferrari being driven in the streets of Houston, with claims that it was the pastor behind the wheel.

However, as of the last available information, Joel Osteen’s ownership of the Ferrari remains unconfirmed.

Profile Summary

Net Worth$100 Million
Full NameJoel Scott Osteen
Age60 years old
Date of Birth March 5, 1963
Place of Birth Houston, TX
Nationality American
OccupationPastor, Televangelist, Author, and Businessman
ParentsFather: John Osteen
Mother: Dodie Osteen
ChildrenJonathan Emerson Osteen
Alexandra Osteen
183 cm
1.83 m
Weight76 kg
168 lbs
Socials Facebook


Joel Osteen’s journey in ministry started when he was officially ordained in his father’s church in 1983. He gave his first sermon on January 17, 1999, and quickly became the new leader of Lakewood Church by October 3 of the same year.

Under his guidance, Lakewood Church obtained and renovated the Compaq Center in 2003, the former home of the NBA’s Houston Rockets and the AHL’s Houston Aeros.

Illustrating the global impact of his ministry, Osteen mentioned that by 2008, Lakewood Church’s weekly service TV program reached viewers in over 100 countries.

His influence went beyond the pulpit, earning him a spot on Barbara Walters’s list of the 10 Most Fascinating People of 2006.

Joel Osteen’s way of preaching involves thorough preparation. He memorizes his planned words and listens to his previous sermons on tape.

While some criticize his approach for being self-centered and lacking depth in scripture, Osteen stays focused on highlighting the goodness of God, living an obedient life, and teaching Biblical principles comprehensibly.

He strongly emphasizes the power of love and maintains a positive attitude in his messages.


Joel Osteen began his writing journey by releasing his first book, “Your Best Life Now: 7 Steps to Living at Your Full Potential,” in October 2004. This book did incredibly well, grabbing the number 1 spot on The New York Times Best Seller list.

In October 2007, Osteen came out with his second book, “Become a Better You: 7 Keys to Improving Your Life Every Day,” it also hit the top spot on The New York Times Best Seller list. The book’s initial print run of three million copies focused on relationships and overcoming life’s challenges.

Beyond these two influential works, Osteen has penned a variety of books, some of which are mentioned in the table below:

Your Best Life Now: 7 Steps to Living at Your Full Potential2004
Daily Readings from Your Best Life Now: 90 Devotions for Living…2005
Become a Better You: 7 Keys to Improving Your Life Every Day2007
Your Best Life Begins Each Morning: Devotions to Start Every New…2008
It’s Your Time: Activate Your Faith, Achieve Your Dreams, and Inc…2009
It’s Your Time: Finding Favor, Restoration, and Abundance in Your…2009
Everyday a Friday: How to Be Happier 7 Days a Week2011
I Declare: 31 Promises to Speak Over Your Life2012
Break Out!: 5 Keys to Go Beyond Your Barriers and Live an Extraor…2013
You Can You Will: 8 Undeniable Qualities of a Winner2014
Fresh Start: the New You Begins Today2015
The Power of I Am: Two Words That Will Change Your Life Today2015
Think Better, Live Better: A Victorious Life Begins in Your Mind2016
Blessed in the Darkness: How All Things Are Working for Your Good2017
Empty Out the Negative2017
Next Level Thinking: 10 Powerful Thoughts for a Successful and Ab…2018
The Power of Favor: The Force That Will Take You Where You Can’t…2019
The Abundance Mind-Set: Success Starts Here2020
Peaceful on Purpose: The Power to Remain Calm, Strong, and Confid…2021
You Are Stronger than You Think: Unleash the Power to Go Bigger, …2021
Rule Your Day: 6 Keys to Maximizing Your Success and Accelerating…2022
Your Greater is Coming: Discover the Path to Your Bigger, Better,…2022

Joel Osteen Biography

Joel Scott Osteen was born in Houston, Texas, on March 5, 1963, to parents John Osteen and Dolores (“Dodie”) Pilgrim.

His father, once a Southern Baptist pastor, started Lakewood Church in an old feed store.

Joel comes from a large family with three older siblings – Paul, Lisa, and Tamara Osteen – a younger sister named April and a half-brother named Justin, all dedicated to God’s work.

For his schooling, Joel graduated from Humble High School in Texas in 1981. Later, he attended Oral Roberts University in Tulsa, Oklahoma, focusing on radio and television communications, but didn’t finish his studies.

Personal Life

Joel Osteen married Victoria Osteen (previously known as Victoria Iloff) on April 4, 1987.

Victoria Osteen and Joel Osteen
Victoria Osteen and Joel Osteen (Photo by Cindy Ord/Getty Images for SiriusXM)

Victoria later became the co-pastor of Lakewood Church alongside Joel. Also, she is an author known for her books such as “Love Your Life: Living Happy, Healthy, and Whole,” released on October 14, 2008, and many other children’s books.

The couple have two children: a son named Jonathan Emerson Osteen (born on April 20, 1995), who is married to Sophia Hahn, and a daughter named “Alexandra Osteen (born on November 9, 1998).

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