How Much Money Does Joel Osteen Make? (Lakewood Church)


Many have questioned the finances of Joel Osteen who has an estimated net worth of $40 million dollars. The Oral Roberts University graduate did not preach his first sermon until January 1999, after his father’s sudden death from a heart attack. From the time he graduated until then, he worked as a producer for the church’s television show, which is now viewed in over 100 countries worldwide.

Joel Osteen is senior pastor of Lakewood Church in Houston, Texas, a facility where his mother, brother and sisters are also on the staff. The church is located in the former Compaq Center, which served as home to the Houston Rockets. The church originally leased the facility for $12 million dollars, which it paid in cash, before buying the facility on March 31, 2010, for $7.5 million. The first service was held in the facility on July 16, 2005. Each Sunday, approximately 43,500 people attend the five services of the church.

As senior pastor, Osteen draws no salary from the church, which has an annual budget of $70 million. Instead, he relies on income from his flourishing book sales the most recent of which is I Declare: 31 Promises to Speak Over Your Life. Much of the content for his best sellers come from sermons he has preached at Lakewood. His book sales and related material brings in a reported $55 million. Joel has received as much as $13 million as advances on some of his books.

Joel Osteen and his wife live in a 17,000 square foot mansion made of stone located on 1.86-acres in the Tall Timbers subdivision of River Oaks, Texas. The home is owned by Covenant Trust who will pay $260,000 in property taxes on the home valued at $10.5 million. The home contains six bedrooms each with its own bathroom. Also on the property are a one-bedroom guesthouse and a pool house.

Joel Osteen has said that a person should never feel guilty for being rich, as God views that as an insult. Instead, he should praise God for blessing him with the money.

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18 Responses to “How Much Money Does Joel Osteen Make? (Lakewood Church)”

  1. Jean 1967 says:

    One of the wealthiest pastors in the world.

  2. Simon C. says:

    When someone preaches prosperity, they usually end up building wealth for themselves.

  3. bibler says:

    Did not all great disciples of jesus become richer than all others in the land? Did not Israel have everything he ever needed and more? Did not Jacob and Joseph have more possessions and power than even the kings of their time? Did not GOD promise them wealth and prosperity?

    • Hank says:

      The Apostle Paul a disciple of Jesus

      (2 Cor 11:24 KJV) Of the Jews five times received I forty stripes save one.

      (2 Cor 11:25 KJV) Thrice was I beaten with rods, once was I stoned, thrice I suffered shipwreck, a night and a day I have been in the deep;

      (2 Cor 11:26 KJV) In journeyings often, in perils of waters, in perils of robbers, in perils by mine own countrymen, in perils by the heathen, in perils in the city, in perils in the wilderness, in perils in the sea, in perils among false brethren;

      (2 Cor 11:27 KJV) In weariness and painfulness, in watchings often, in hunger and thirst, in fastings often, in cold and nakedness.

      (2 Cor 11:28 KJV) Beside those things that are without, that which cometh upon me daily, the care of all the churches.

      A person who is rich is usually not naked cold and hungry

      • mike swann says:

        god said “love” of money is the root of all evil. God saw nothing wrong with being rich if one was good to the poor. God made many people rich throughout the old Test. Jesus said there would always sbe por people.

        • Richard Edwards says:

          I understand that money does not immediately equate to evil, but it is more than a little difficult to accept that a person who makes such a huge sum of money is free from corruption. And most of Jesus’ disciples did not become rich, but rather died rather violent and painful deaths. I by no means claim to be the Holy Spirit, but this is questionable by every means I can perceive of in my mortal perception.

          • Matthew Radloff says:

            Read Matthew 5:11-12. I dont really see how someone like Joel who lives in that much comfort is “suffering for Christ’s name”. I think that Joel is a false teacher and is leading many people astray.

  4. Truth says:

    Excuse me? The disciples were rich? What bible are you reading? Most had jobs and risked everything they had, including their lives for the true Gospel,. Not the watered down “prosperity” false gospel that y’all are spreading.

    • martha says:

      My bible reads like yours. Joel Osteen makes me want to puke.

      • mike swann says:

        Martha, I notice all Joel talks about is how great life can be, social issues. He tells people sstuff to pump them up. That is ok but he doesn’t warn them about hell and rapture, redemption. I truly think he is afraid he will scare many off if he preached about the end, anti Christ, etc. Many don’t want to hear the truth and/or cannot face it. I read one of his boods and if you read one you read dthem all. I used to listen to him until I figured him out.

        • Brian says:

          If you love fire and brimstone sermons, come to Texas…every Sunday on every street corner. Does it not make you feel right unless a preacher is pumping you full of fear? That’s not God’s love and that’s not of the holy spirit.

  5. Sara e. angilell says:

    I don’t care how much he makes, it’s none of my business. GOD has given him a gift and as far as I can see he’s sharing it with the world. I like his way of preaching and he makes GOD the base of all!
    Rich, poor or in the middle, so are we all, enjoy! And thank you Joel.

  6. Jill K says:

    I don’t think God put us here to be poor and struggle. We are imbued with intelligence and creativity and talents to be able to good things and prosper, so we can take care of ourselves and our families.

    The love of money is eveil – not money in itself. And, it seems to me that a generous person who comes into money would be able to be more generous. Whereas a stingy or greedy person who comes into money will be moreso.
    Genesis 39:3
    And his master saw that the LORD was with him, and that the LORD made all that he did to prosper in his hand.
    If this guy is preaching messages that give people hope and faith in God, then that’s surely a good thing. I wouldn’t know if he’s a good or generous person, nor would I judge him to be either based on his income.

  7. Jackson says:

    Money will bring countless temptation.

  8. Stephanie says:

    You know what? Whether Joel Osteen is wealthy and what he does with his wealth is not my personal concern. God will be the judge of him. The man gets 43,000 people to attend church every week and connects them to a higher power- to faith in the unseen. THAT is noble. I have several friends who ultimately came to Christ through Joel’s message- it’s good “beginner” faith. Let’s remember these things…

    Luke 6:37 “Do not judge, and you will not be judged. Do not condemn, and you will not be condemned. Forgive, and you will be forgiven.
    Luke 6:41 “Why do you look at the speck of sawdust in your brother’s eye and pay no attention to the plank in your own eye?
    John 8:7 When they kept on questioning him, he straightened up and said to them, “Let any one of you who is without sin be the first to throw a stone at her.”
    Romans 2:1 You, therefore, have no excuse, you who pass judgment on someone else, for at whatever point you judge another, you are condemning yourself, because you who pass judgment do the same things.
    Romans 14:10 You, then, why do you judge your brother or sister? Or why do you treat them with contempt? For we will all stand before God’s judgment seat.
    Romans 14:13 Therefore let us stop passing judgment on one another. Instead, make up your mind not to put any stumbling block or obstacle in the way of a brother or sister.
    1 Corinthians 4:5 Therefore judge nothing before the appointed time; wait until the Lord comes. He will bring to light what is hidden in darkness and will expose the motives of the heart. At that time each will receive their praise from God.
    James 4:11 Brothers and sisters, do not slander one another. Anyone who speaks against a brother or sister or judges them speaks against the law and judges it. When you judge the law, you are not keeping it, but sitting in judgment on it.

  9. cassie says:

    Joel Osteen’s church is most definitely “seeker friendly” which means that he is telling people what they want to hear. Because the REAL truth is scary. The truth is that from the beginning God had in mind His “chosen” people. Like it says in His word “many are called, but FEW are chosen!” Matthew 22:14..I guarantee you that out of his 43,00 members only 10% are actually saved maybe even less. There will always be Gods remnant in any church even if its just one. So many people are fooled by this false comfort that are save just because they say a prayer of salvation that isn’t even biblical! We are so deceived by so many preachers. We do need to be told that HELL is real. We are born dead. Only He can bring us to life and you have no choice in the matter. God can only choose you. Because we are dead until He chooses to save us, it is literally impossible for us to choose Him! And if this message angers you and if you disagree to this message than God may not have chosen to save you yet. I’m not a preacher but I do know from God almighty that this is TRUTH only because this is the only things that makes sense. Yes its a hard truth but I’d rather know truth than be deceived. I found an amazing preacher who has totally Got it down. Point blank. His name is Paul washer you can find him on YouTube. And he does not preach in front of 43,000 he preaches the ONE. The lost sheep.

  10. J.P says:

    The question is how can a man who has so much.. give so little? make all the excuses you want, quote the bible if you want (frankly your not qualified to quote the bible your no theological)

    Joel Osteen is a wolf in sheeps clothing. (not a quote a perception and reference) With all the Poor,Hungary,cold,suffering people etc out there. Why in the world would a man of GOD with so much ask you to send him money when he doesn’t need it?

    There are alot of legit causes out there that help alot of people, Joel talks a good talk but lets me honest here he really doesnt need your checkbook. What would Jesus do if he had $100 give it to Joel? or give it to a soup Kitchen? I couldn’t say I’m Not Jesus, but I have a feeling in my heart where it would go.

  11. SKEPTICALGUY1998 says:

    Ummm when I look at this guy, all I see is a snake in the grass. Who used the bible yet again for selfish means instead of trying to honestly help people. I guess he really does help alot of people; but damn dude you could of feed a whole village in Africa for a year for just the cost of one of your cars….

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