Charles Payne is a prominent American financial journalist for the Fox Business Network. He hosts his show called “Making Money With Charles Payne.”
Before getting into financial journalism, he was an analyst and worked at EF Hutton on Wall Street. He is also the founder of Wall Street Strategies, a stock market research firm.
Charles Payne has built his career with sheer hard work and dedication. His current net worth is estimated at $15 million. To know more about his career journey, you should read this post till the end.
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Quick Facts
| Full Name | Charles V. Payne |
| Birth Date | November 15, 1962 |
| Age | 61 |
| Country of Origin | USA |
| Nationality | American |
| Profession | Financial Journalist |
| Marital Status | Married |
| Parent’s Name | Unknown |
| Spouse | Yvonne Payne |
| Social Media Accounts: | Instagram |
| Net Worth (as of 2024) | $15 million |
| Last Updated: | June 07, 2024 |
Family and Early Life
Charles Payne was born on 15th November 1962, in the U.S. At the age of 17, he joined the US Air Force. There he worked as a security policeman and was stationed at Minot Air Force Base in North Dakota.
As far as their education profile is concerned, he completed his graduation from Minot State University. Later, he joined Central Texas College.
He began his professional career in 2007 and worked hard to become successful in his field.
Personal Life
Talking about Charles Payne’s personal life, he is a married man. His wife’s name is Yvonne Payne. The couple shares two children named Austin and Cael. The family lives together and is currently settled in Teaneck, New Jersey.
In 2017, Charles was suspended by Fox Business due to his involvement in a rape case. He was accused of sexually harassing Scottie Nell Hughes, a former guest on the network. It was later revealed that the two were in a relationship for three years.
By the end of 2017, Fox Business lifted the suspension and Charles was allowed to work again.
Career
Charles Payne entered the television industry in 2007, the year he started working for Fox Business. He rose to prominence by hosting the show “Making Money With Charles Payne.”
Payne is a well-known face in the television world. He is a successful news anchor and financial journalist who has worked in this field for a long time. Back in 1985, he used to work at E.F. Hutton on Wall Street.
Later he founded Wall Street Strategies and served as the company’s CEO and principal financial analyst.
In 2017, Pyne was involved in a rape case, which led to his suspension by Fox Business. However, he denied the case later.
Outside journalism, he has also written a few books. He published his first book “Be Smart, Act Fast, Get Rich: Your Game Plan for Getting it Right in the Stock Market” in 2007. Additionally, he has made appearances on many TV shows.
Earnings and Net Worth
Charles Payne is a rich man with an estimated net worth of $15 million. A vast amount of his wealth is generated from his journalism career. He gets a fat salary from Fox Business. Additionally, he gets paid for appearing on TV shows.
He gained popularity in the TV industry for his excellent work as a news anchor and financial journalist. He earns thousands of dollars every year from his profession.
Controversy
Payne started working at Fox Business as a contributor in 2007. By 2014, he was hosting his show called Making Money with Charles Payne.
Fast forward to July 2017, Payne was suspended from Fox Business after Scottie Nell Hughes, a former guest on the network, accused him of sexual assault and rape. However, Payne denied the allegations, admitting that he had a romantic relationship with Hughes.
Later it was revealed that Hughes got into a relationship with Payne with the hopes of securing a permanent job at Fox. But her appearances on the channel decreased after she broke up with Payne in 2015. This is when she reported Payne, causing him to get suspended.
FAQs
1. What is the salary of Charles Payne?
There isn’t a very clear breakdown but reports do suggest that Charles has an estimated annual salary of $3-$4 million from Fox.
2. Who is Charles Payne’s wife?
Charles has been married to his wife, Yvovve Payne for quite a few years now. They do like to keep their married life private and out of the media.
3. How can I get Charles Payne’s book?
For those that aren’t aware, Charles is the author of the book Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market, which is available at bookstores and online as well.
