The home of Joel Osteen is located in the River Oaks suburb of Houston Texas. The $10.5M house is the primary residence for the family, who also own an additional $2.9M home in the Tanglewood suburb.
Joel Osteen is an American preacher, televangelist, and author of New York Times Bestselling books. He is most recognized as the Senior Pastor of Lakewood Church, in Houston, Texas, the largest Protestant church in the United States. Joel, born March 5, 1963 took over preaching at the church soon after his father passed away from a heart attack in 1999. The church was started by Joel’s dad, John, in 1959, in the back of an old feed store. Under Joel’s leadership, the attendance of the church rose from 5,000 people to 43,000 weekly. The large attendance numbers lead to the church renovating the old home of the Houston Rockets and was a 105 Million Dollar investment. It took 15 months to complete and included adding an additional five stories. Joel used his limited communications background to help produce and televise his father’s sermons. Today, Joel’s sermons are seen in over 100 countries. It is believed that the church brings in over $32M a year in donations.
The home of Joel and Victoria Osteen is 17,000 square feet. The home is situated on 1.86 acres surrounded by an ornamental fence. The Osteens and their two kids, Jonathan and Victoria, share six bedrooms and six bathrooms, three elevators, and five fireplaces. The estate also boasts a one bedroom guest house and a pool house.
Joel Osteen is estimated to be worth $40 Million. He has not drawn a salary from the church since 2005 and his income is based on his best-selling books and related products such as calendars, daybooks and inspirational pamphlets. The sales from his books and related items are estimated to generate $55M a year. His second book was rumored to have brought him $13M.
By gordonhigh @ 2012-05-28 14:33:32