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Introduction
Eddie Long was a prominent American pastor who served as the senior pastor of New Birth Missionary Baptist Church in Lithonia, Georgia. He was known for his controversial sermons and lavish lifestyle, which made him a subject of both admiration and criticism. Following his death in 2017, many have been curious about the extent of his wealth and how he acquired it. In this article, we will explore Eddie Long’s net worth and shed light on the sources of his wealth.
Early Life and Career
Eddie Long was born on May 12, 1953, in Huntersville, North Carolina. He grew up in a religious family and became interested in ministry at an early age. Long started his career as a pastor in 1977 and served at several churches before becoming the senior pastor of New Birth Missionary Baptist Church in 1987.
Building a Mega-Church
Under Eddie Long’s leadership, New Birth Missionary Baptist Church grew to become one of the largest churches in the United States. The church had over 25,000 members at its peak and generated millions of dollars in revenue each year. Long was known for his charismatic preaching style and his ability to connect with people from all walks of life.
Controversies
Despite his success, Eddie Long was no stranger to controversies. He was accused of sexual misconduct by several young men in 2010, which led to a high-profile trial and settlement. The scandal tarnished Long’s reputation and caused a decline in his popularity.
Financial Settlement
The sexual misconduct allegations also had financial implications for Eddie Long. In 2011, Long reached a settlement with his accusers for an undisclosed amount. Some estimates put the settlement at around $15 million, although this has never been confirmed.
Real Estate Holdings
Eddie Long was known for his luxurious lifestyle, which included several high-end properties. He owned a mansion in Lithonia, Georgia, which was valued at $1.4 million. The mansion had six bedrooms, nine bathrooms, a swimming pool, and a guest house. Long also owned a $350,000 Bentley and a private jet, which he used to travel to speaking engagements.
Charitable Giving
Despite his lavish lifestyle, Eddie Long was also known for his charitable giving. He established the Bishop Eddie Long Foundation, which provided scholarships and financial assistance to students in need. The foundation also supported various community projects, including the construction of a school in South Africa.
Net Worth
It is difficult to determine Eddie Long’s exact net worth, as much of his wealth was tied up in real estate holdings and other assets. However, some estimates put his net worth at around $5 million at the time of his death in 2017. This is a relatively modest amount compared to other mega-church pastors, but it is still a significant sum.
Legacy
Eddie Long’s legacy is a complicated one. He was a charismatic leader who inspired many people but also faced serious allegations of misconduct. His wealth and lifestyle were the subject of both admiration and criticism. However, he also made a positive impact on many people’s lives through his charitable giving and community work.
Conclusion
Eddie Long’s net worth is a topic of much debate and speculation. While he was undoubtedly a wealthy man, much of his wealth was tied up in real estate holdings and other assets. Despite his controversies, Long made a positive impact on many people’s lives through his ministry and charitable work. His legacy is a reminder that wealth and fame are not everything, and that true success comes from making a positive difference in the world.
