On this page, you can find information about Charles Payne net worth, biography, age, height, weight, and other details. Charles Payne is an American Fox Business Network financial journalist, who has a net worth of approximately US$15 million as of 2023. Read this post for more details about Charles Payne.
Who is Charles Payne?
Charles V. Payne, born on November 15, 1962, is an American financial journalist and the host of Fox’s Making Money with Charles Payne. He is affiliated with the Fox Business Network.
Charles Payne Net Worth
Charles Payne is an American financial journalist known for his work on the Fox Business Network. As of 2023, his estimated net worth is around $15 million. Charles has made a name for himself in the television industry, particularly as the host of Fox’s Making Money with Charles Payne. With a successful career spanning many years, he has gained recognition as a news anchor and has appeared on various television shows.
| Net Worth of Charles Payne | |
|---|---|
| Name | Charles Payne |
| Net Worth in 2023 | $15 Million |
| Profession | American journalist |
| Monthly Income And Salary | $80,000 + |
| Yearly Income And Salary | $1 Million + |
| Last Updated | 2023 |
Charles began his career on Wall Street in 1985 as an analyst at E. F. Hutton. He also serves as the chief executive officer and principal financial analyst of Wall Street Strategies, which has contributed to his success. He is the author of the book Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market, which has received positive feedback from readers.
In 2007, Charles joined Fox Business as a contributor and went on to become the host of Making Money with Charles Payne in 2014. Throughout his extensive career, he has covered a wide range of international topics and conducted interviews with notable personalities, further establishing his reputation in the industry.
It is worth noting that Charles faced a suspension from Fox in 2017 after being accused of rape by a former network guest, Scottie Nell Hughes. This incident had an impact on his career but does not define his entire professional journey.
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Charles Payne Biography
Charles Payne, born on November 15, 1962, is a 60-year-old American television personality. He is widely recognized by his professional name, Charles Payne, although his full name is Charles V. Payne. Born and raised in the United States, Charles hails from a well-established family.
At the age of 17, Charles embarked on a journey of service by joining the United States Air Force. He served as a security policeman stationed at Minot Air Force Base in Minot, North Dakota. During this period, he also pursued higher education at Minot State University and Central Texas College.
In 2007, Charles began his career in television, marking the start of a successful journey in the industry.
| Biography of Charles Payne | |
|---|---|
| Real Name | Sir Charles Robert Salusbury Payne |
| Nick Name | Charles Payne |
| Birth Place | United States |
| Date of Birth | 15 November 1962 |
| Age | 60 years old |
| Height | 5 feet and 11 inches (182 cm) |
| Weight | 96 kg (211 lbs) |
| Eye Colour | Dark Brown |
| Hair Colour | Black |
| Education | Minot State University Central Texas College |
| Religion | N/A |
| Nationality | American |
| Zodiac Sign | Scorpio |
| Gender | Male |
| Sexual Orientation | Straight |
| Parents | Benjamin Payne and Eliza Black Payne |
| Spouse | Yvonne Payne |
| No. of Kids | 2 |
| Profession | American journalist |
| Net Worth | $15 Million |
Earley Life
Charles Payne, born on November 15, 1960, in New York City, has a background that includes serving in the United States Air Force. At the age of 17, he enlisted and became a security policeman stationed at Minot Air Force Base in North Dakota. During his time in the military, he pursued higher education at Minot State University and Central Texas College.
Early Career and Wall Street
In 1985, Charles Payne initiated his professional journey on Wall Street, where he began working as an analyst at the stock brokerage firm EF Hutton. Building on his experience and expertise, he went on to establish his own stock market research firm called Wall Street Strategies in 1991. Within the firm, he assumed the roles of principal financial analyst and chief executive officer, leading the company to success.
SEC Troubles and Settlement
In 1999, Charles Payne encountered legal issues with the Securities and Exchange Commission (SEC). The agency filed a complaint accusing his firm, Wall Street Strategies, of utilizing recorded telephone messages to recommend the purchase of certain stocks to its clients.
The SEC further alleged that Payne failed to disclose receiving payments in exchange for promoting these stocks. While Payne neither confirmed nor denied the allegations, he agreed to a permanent injunction against violations of Section 17(b) of the Securities Act of 1933. Additionally, he agreed to pay a civil penalty of $25,000 as part of the settlement.
Career at Fox Business Network
In 2007, Charles Payne joined the Fox Business Network as a contributor, marking the beginning of his association with the network. After seven years, he took on the role of hosting his own show titled “Making Money with Charles Payne.”
However, it is worth noting that Payne has been criticized for making several false or misleading claims on the program. One notable claim was his assertion that the market crash in 2008 was solely attributed to the election of President Obama, a correlation that financial experts have dismissed as incorrect.
Aside from hosting his show, Payne also serves as a regular guest host on the news and talk show “Varney & Co.” Furthermore, he has made appearances on other Fox programs such as “Cavuto on Business,” “Bulls and Bears,” and “Cashin’ In.”
Suspension and Controversy
In July 2017, Charles Payne, a Fox Business Network host, was suspended by the network following an accusation of rape made by former network guest Scottie Nell Hughes. Payne denied the allegation but did acknowledge having an affair with Hughes for a period of three years. Hughes further claimed that she was banned by Fox after coming forward with the accusation.
After conducting a two-month investigation, Fox Business Network lifted Payne’s suspension in September 2017. The network’s decision to reinstate him came following the completion of their internal inquiry.
Media Endeavors and Book
In addition to his work on Wall Street and Fox Business, Charles Payne is also recognized for his book “Be Smart, Act Fast, Get Rich: Your Game Plan for Getting it Right in the Stock Market.” The book, which offers insights and strategies for success in the stock market, was published in 2007.
Payne has made appearances on C-SPAN on multiple occasions, further expanding his presence in the media landscape. Through these engagements, he has shared his expertise and perspectives with a wider audience.
Personal Life
Charles Payne and his wife Yvonne have two children together, named Cael and Austin. Austin is Charles Payne’s stepson. The family resides in Teaneck, New Jersey, where they have made their home.
Education
Charles Payne completed his high school education at a local high school. He further pursued his education at Minot State University and Central Texas College, where he acquired additional knowledge and skills in his chosen field.
Frequently Asked Questions
Charles Payne has a net worth of approximately $15 million, reflecting his financial success and accumulated wealth.
Charles Payne, born on November 15, 1962, is currently 60 years old.
Charles Payne earns an estimated annual salary of $1 million.
The height of Charles Payne is 1.82 meters (5 feet 11 inches).
Charles Payne was married to Yvonne Payne.