Ted Haggard’s financial story is a fascinating look into the ups and downs of wealth. As Pennbookcenter, I’ll break down Ted Haggard net worth, examining how he built his wealth and where it stands now. His journey includes unique sources of income, investments, and challenges that impacted his financial standing.
Quick Facts
| FACT | DETAIL |
| Real Name | Ted Arthur Haggard |
| Popular Name | Ted Haggard |
| Gender | Male |
| Birth Date | June 27, 1956 |
| Age | 68 |
| Parents | Rachel Haggard, J. M. Haggard |
| Siblings | N/A |
| Birthplace | Yorktown, Indiana |
| Nationality | American |
| Ethnicity | N/A |
| Education | Oral Roberts University |
| Marital Status | Married |
| Sexual Orientation | Bisexual |
| Wife/Spouse | Gayle Alcorn |
| Children | Christy Haggard, Alex Haggard, Elliot Haggard, Marcus Haggard, Jonathan Haggard |
| Dating | N/A |
| Net Worth | $200,000 (estimated) |
| Source of Wealth | Church, Books |
| Height | N/A |
What is the Net Worth Of Ted Haggard in 2024?
As of 2024, Ted Haggard‘s net worth is estimated at $200,000. His net worth is relatively modest compared to other famous religious figures and authors. For context, consider the net worth of:
- New Life Church
- Brady Boyd
- Grant Haas
- Alexandra Pelosi
For more comparisons, visit top rich authors.
Ted Haggard Salary and Finance Overview
Early Life and Education
Ted Haggard was born on June 27, 1956, in Yorktown, Indiana. His father, J.M. Haggard, was a veterinarian who founded an international charismatic ministry.
Haggard’s early life was marked by his conversion to Christianity at age 16 after hearing a sermon by Bill Bright.
This pivotal moment led him to pursue a ministerial career. He attended Oral Roberts University in Tulsa, Oklahoma, where he graduated in 1978, setting the foundation for his future endeavors.
Founding and Growth of New Life Church
In 1984, Haggard founded New Life Church in Colorado Springs. Starting with just 22 people meeting in his home, the church rapidly grew. It expanded to a large campus, attracting a congregation of around 14,000.
New Life Church became known for its vibrant worship music, releasing numerous albums over the years. This growth not only enhanced Haggard’s influence but also contributed significantly to his financial status.
Leadership Roles and Influence
Haggard served as the president of the National Association of Evangelicals (NAE) from 2003 until 2006. During his tenure, he was a prominent figure in the evangelical community, often appearing in the media.
His leadership roles bolstered his public profile and indirectly supported his financial growth through increased book sales and speaking engagements.
Scandals and Controversies
In late 2006, Haggard’s career took a significant hit due to a sex and drug scandal involving male prostitute Mike Jones. The scandal led to his resignation from New Life Church and other leadership positions.
Although he admitted to drug use and some sexual activity, the revelations severely impacted his reputation and financial standing. Despite undergoing intensive counseling and publicly apologizing, the scandal left a lasting mark on his career.
Founding of Saint James Church
After his fall from grace, Haggard founded Saint James Church with his wife in 2010. This new venture aimed to rebuild his ministry.
Despite facing further allegations of misconduct, the church managed to sell its warehouse property for $1.95 million in 2022. This sale provided a significant financial boost, although the continued allegations affected his overall net worth.
Book Publications and Earnings
Ted Haggard is also an author of several evangelical books. His publications include Primary Purpose, Loving Your City into the Kingdom, and The Life-Giving Church. The sales of these books have contributed to his income, offering a steady stream of royalties.
His literary contributions not only provided financial benefits but also helped maintain his relevance in the evangelical community.
Personal Life and Family Contributions
Haggard married Gayle Alcorn in 1978, and they have five children. His family has played an essential role in his life and ministry. Marcus Haggard, one of his sons, founded and served as the pastor of Boulder Street Church in Colorado Springs.
The family’s involvement in church activities has been both a source of support and a reflection of Haggard’s enduring influence in the religious community.
Counseling and Public Apologies
Following his scandals, Haggard underwent intensive counseling and made several public apologies. These efforts were aimed at restoring his image and repairing his relationships within the community.
While these actions did not completely rehabilitate his public image, they demonstrated his willingness to address his mistakes and seek redemption.
Media Appearances and Documentary Involvements
Haggard has been featured in various documentaries and TV shows, including Jesus Camp and the HBO documentary The Trials of Ted Haggard. These appearances provided him with platforms to share his side of the story and attempt to rebuild his public persona.
Despite mixed public reactions, these media involvements contributed to his financial situation through speaking fees and royalties.
Current Ventures and Financial Status
In recent years, Haggard has continued to be involved in various projects, including founding a new church in his home in 2022. This initiative aligns with the trend of home-based micro churches, potentially offering a new revenue stream.
Despite the challenges, Haggard’s resilience and adaptability have allowed him to maintain a modest but stable financial status.
FAQs about Ted Haggard
What led to Haggard’s scandal?
He became embroiled in a scandal in 2006 when male prostitute Mike Jones accused him of paying for sex and purchasing methamphetamine. The scandal led to his resignation from New Life Church and other leadership roles.
How did he start his career?
He began his career after graduating from Oral Roberts University in 1978. He initially became a minister in the Southern Baptist Convention before founding New Life Church in Colorado Springs in 1984.
What books has he written?
He has authored several books, including Primary Purpose, Loving Your City into the Kingdom, and The Life-Giving Church. His books focus on evangelical themes and church leadership.
What is the status of his family?
He is married to Gayle Alcorn, and they have five children. His family has been actively involved in church activities, with his son Marcus founding Boulder Street Church in Colorado Springs.
What allegations have been made against Ted Haggard?
In addition to the 2006 scandal, he has faced further allegations of inappropriate relationships with young men, including accusations of sexual misconduct within his church.
Conclusion
Ted Haggard’s journey through success, scandal, and redemption is complex. For more insights and updates, leave your comments, share this article, or read more content at pennbookcenter.com
