talk about a marketplace...
Collections at the church's service bring in close to $1 million a week, with $20 million or so a year more sent in by mail, said Don Iloff, Lakewood's spokesman and Mr. Osteen's brother-in-law. The money goes to pay the staff of 300, service the debt on the $95 million it cost to turn the Compaq Center into a church (now about half paid off), support ministries in India and elsewhere and buy television time around the country. Mr. Osteen stopped taking his $200,000 annual salary from the church after he sold his first book.
or is equating the obscene amount of cash osteen's church is rolling in to crude capitalism an unfair assumption to make?
Joel Osteen's Credo: Eliminate the Negative, Accentuate Prosperity - New York Times
Moved to new blog
6 years ago