Net Worth Ranker
What Is Creflo Dollar’s Net Worth
Creflo Dollar, a pastor and televangelist, has accumulated a net worth of $30 million. This financial standing is primarily attributed to his leadership of World Changers Church International, a Christian non-denominational ministry based in Georgia, and other ventures such as the Creflo Dollar Ministerial Association and Arrow Records. However, specific details regarding the breakdown of his net worth, such as earnings from book sales, speaking engagements, or investments, are not publicly available.
Creflo Dollar’s Ministry and Financial Practices
In 1986, Creflo Dollar initiated World Changers Ministries Christian Center, holding the first service in the cafeteria of Kathleen Mitchell Elementary School in College Park, Georgia, with an initial attendance of eight people. Over time, the ministry evolved into World Changers Church International and relocated to a chapel. By 2007, the congregation had grown to approximately 30,000 members. A significant milestone was the construction of the World Dome, an 8,500-seat facility completed on Christmas Eve in 1995, reportedly without any bank financing, at a cost of nearly $20 million. In 2012, Dollar expanded his ministry by leasing Loews Paradise Theater in the Bronx, New York City, for a new church location. He also established satellite churches in cities like Los Angeles, Cincinnati, Dallas, and Indianapolis. Although the exact financial contributions from each location remain undisclosed, these expansions reflect the substantial growth of his ministry.
Dollar’s teachings on prosperity theology, which assert that material wealth and physical well-being can be attained through faith and monetary donations, have drawn significant criticism. This doctrine has been condemned by leaders from various Christian denominations as irresponsible, exploitative, and contrary to biblical teachings. The specific amount of donations received annually by World Changers Church International is not publicly accessible. However, the church’s ability to construct an $20 million dome in 1995 without bank financing and Dollar’s purchase of multiple million-dollar homes and a private jet suggest substantial financial inflows.
Creflo Dollar’s financial transparency has been a contentious issue. Ministry Watch, an evangelical Christian organization, gave Dollar an “F” grade for financial transparency due to his refusal to disclose his salary and other financial details pertaining to his ministries. In 2007, Dollar was among six televangelists included in a United States Senate inquiry led by Senator Chuck Grassley, which investigated the tax-exempt status of religious organizations. Grassley requested financial information to determine if Dollar had personally profited from donations to his ministries, but Dollar declined to provide the requested information. The investigation concluded in 2011 without any charges being filed.
In March 2014, Dollar launched “Project G650 Campaign,” aiming to raise funds to purchase a Gulfstream G650 private jet, which had a new sticker price of $65 million. The specific amount of money raised through this campaign and the ultimate outcome of the project are not publicly disclosed. While it is known that Dollar owned a private jet, the exact model and details of its acquisition remain unclear. It is also known that he owned two Rolls-Royces, but the models and their purchase prices are unknown.
Real Estate and Personal Assets
Creflo Dollar’s real estate holdings include multiple million-dollar homes in Atlanta, New Jersey, and Manhattan. However, the specific addresses and purchase prices of these properties are not publicly available. Further details about personal investments and other assets are not readily accessible.
With his wife, Taffi, Dollar has five children and resides in Atlanta, Georgia. In mid-2012, he was arrested for allegedly choking and punching one of his daughters, who was 15 at the time. The charges were dropped in early 2013 after Dollar attended anger management classes.
