What is Jimmy Swaggart’s Net Worth?
A well known religious leader, Jimmy Swaggart has earned millions of dollars from his career. He is a singer and pianist, and he owns a television ministry. His net worth is estimated to be $15 million.
Jimmy Lee Swaggart is an American Pentecostal televangelist. He is also a Christian author. During the 1980s, he became a huge popular figure. He has sold more than 17 million LP albums. In addition to his television and music ministries, he has been known to speak at various conferences and events.
As an evangelist, Swaggart has preached to millions of people. His broadcasts have been seen in more than 104 countries. The telecast has also been carried on more than 3,000 stations. It has even been aired on various radio stations in the US.
Swaggart was born on March 15, 1935, in Ferriday, Louisiana. He grew up in a poor family. They lived in church basements and stayed in motels. Swaggart’s father was a pentecostal preacher. Swaggart married Frances Anderson when he was 17. Throughout the 1950s, their family suffered from poverty. To support their family’s needs, Swaggart had to take several part-time jobs.
Jimmy Swaggart became an evangelist in the early 1970s. When he signed with Sun Records, his family was able to earn about $20,000 a week. After leaving the label, Swaggart launched his own TV ministry.
Swaggart was nominated for several Dove Awards. He also was awarded the Male Vocalist of the Year by Record World Magazine. This award was followed by a nomination for Children’s Album of the Year. Another nomination came in 1977 when he was named Male Vocalist of the Year. During this time, his music became very popular.
Jimmy Swaggart is currently living in Baton Rouge, Louisiana. His estate is a 9,337 square foot mansion. It is located on a twenty-acre landscaped property and features an eight-foot-long tub. He and his wife, Frances, share a son, Donnie.
Currently, the Jimmy Swaggart Ministries are tax-exempt as a religious institution. Their income came from voluntary contributions, which totaled about $120 million in 1987. Other sources of revenue include book sales. Since he started his television ministry, he has become a household name.
Jimmy Swaggart has experienced a lot of spiritual and sexual downfalls, but he has maintained a strong influence in the world of religion. Although he has been suspended by the Assemblies of God, he still retains his followers. However, his television and radio ministry have become smaller than before the scandals.
Nevertheless, his personal home is in the most expensive real estate in Baton Rouge. It features an eight-foot-long tub, a gold swan, and four-columned Jacuzzi.
Jimmy Swaggart’s wife, Frances, is a popular talk show host and co-founder of the Family Worship Center in Baton Rouge. Her salary, however, remains a mystery. But she does receive a large amount of money from the Jimmy Swaggart World Ministries.
Swaggart’s net worth is projected to increase in the years ahead. Despite the scandal, his ministry has been able to reach out to millions of people.