Herbert W. Armstrong (Deceased) – Net Worth Of $60 Million
In 1933, Herbert W. Armstrong founded the Radio Church of God. Later on, it was renamed to the Worldwide Church of God. Aside from this, Armstrong also launched Ambassador College in 1947. He has received credit as an early pioneer of both tele-evangelism and radio-evangelism. However, his alleged greed ended up breaking up his family. In Armstrong’s Ne York Times obituary, his son Garner said that he and the church officials used “millions of the church’s estimated $60 million annual income on personal expenses.” After the death of the founder, the church changed the doctrines and dismissed the later teachings of Armstrong as “aberrant.”
Peter Popoff – Net Worth Of $10 Million
German-born faith healer and televangelist Peter Popoff has also been called a con man. It was revealed in 1986 that he had been using an earpiece as his wife gave him the ailments, addresses, and names of the audience members of the church. According to him, God talked to him and gave him the personal information of the viewers so that he could “cure” them. The year after that, he filed for bankruptcy but bounced back several times in the following decades. If you watch late-night infomercials, you might be familiar with his new scam of selling “Miracle Spring Water.” He calls himself a prophet on the ads! At any rate, he still has a net worth of approximately $10 million after swindling many people in the past.