Pat Robertson Net Worth - Pulptastic

What is Pat Robertson’s Net Worth?

Pat Robertson, a media mogul, Christian televangelist, and former Southern Baptist minister, has a net worth of $100 million. He founded organizations such as the Christian Broadcasting Network, Regent University, and the Christian Coalition of America, and ran for the Republican presidential nomination in 1988. However, Robertson is notorious for his racist, sexist, homophobic, and religious-extremist remarks, many of which he made as host of his Christian news program “The 700 Club.”

Early Life and Education

Pat Robertson was born into a prominent political family in Lexington, Virginia on March 22, 1930. He attended the McDonogh School in Maryland and the McCallie School in Tennessee before graduating magna cum laude from Washington and Lee University with a degree in history.

In 1948, Robertson joined the US Marine Corps and served in the Korean War. He was honored with three Battle Stars and was promoted to First Lieutenant upon his return to the United States in 1952. Robertson then attended Yale Law School, but after failing his first attempt at the New York bar exam, he underwent a Christian conversion and decided to enter ministry. He earned a Master of Divinity degree from the Biblical Seminary in New York in 1959.

Christian Broadcasting Network and “The 700 Club”

In 1960, Pat Robertson founded the Christian Broadcasting Network and began broadcasting on WYAH-TV in Virginia the following year. The company launched “The 700 Club,” a news magazine show featuring music, guests, testimonies, and Christian ministry, in 1966. Robertson hosted the program from 1966 to 1987 and again from 1988 to 2021, alternating hosting duties with Jim Bakker in the early years.

In 1977, CBN launched a religious cable network that became the first direct-to-cable, satellite-delivered television channel in the United States. The network eventually became the Family Channel, which was spun off into a separate commercial entity by Robertson due to its financial success. Rupert Murdoch’s News Corporation acquired the channel in 1997.

Regent University and American Center for Law & Justice

Christian Broadcasting Network University, founded by Pat Robertson in 1977, was later renamed as Regent University in 1990. The school is based in Virginia Beach, Virginia, and offers associate, bachelor’s, master’s, and doctoral degrees in over 150 areas of study.

Robertson also founded the American Center for Law & Justice in association with Regent University. The public interest law firm is headquartered in Washington DC and promotes conservative Christian values.

Robertson’s Business Ventures

Pat Robertson has been involved in various business ventures throughout his career. In 1978, he founded Operation Blessing, a non-profit organization aimed at helping disadvantaged individuals across the globe. He also established the Christian Coalition of America, a conservative organization mostly made up of Baptists and Protestants, in 1987.

Aside from his non-profit and political endeavors, Robertson is a media mogul with holdings around the world. He has also authored several books, including “The New World Order,” “The End of the Age,” and “Miracles Can Be Yours Today.”

Robertson’s Political Involvement

During the 1980s, Robertson became heavily involved in politics. He served on Ronald Reagan’s Victims of Crime Task Force and in Virginia served on the Governor’s Council of Economic Advisors. In 1988, he ran for the Republican presidential nomination, giving up his ministerial credentials to do so. However, he lost to George H. W. Bush.

Controversies Surrounding Pat Robertson

Pat Robertson, a conservative Christian televangelist, businessman, and political commentator, has been a major source of controversies and criticism. He has been denounced for his belief in the healing power of God, including his view that praying helps deflect hurricanes. Robertson has also made disparaging and racist statements about Hindus and Muslims, opposed LGBTQ+ and women’s rights, and blamed natural disasters and mass shootings on various factors, including Satan and the US’s abortion policy.

Robertson’s ventures have also been controversial, including Operation Blessing, which has been accused of being a front used for his own financial gain.

Robertson’s Personal Life

Robertson married Amelia Elmer while studying law at Yale University in 1954. They had four children together and remained married until Elmer’s passing in 2022. Elmer was a fashion model and was studying for her master’s degree in nursing at the time of their marriage.

Pat Robertson’s Lavish Residence in Virginia

Pat Robertson has been living in a 11,000 square foot mansion situated on 27 acres of land in Bath County, Virginia for several decades. The mansion is located in a remote area, offering privacy and seclusion to the billionaire.