An online report claiming that Joseph Prince, the founder and senior pastor of New Creation Church, has a net worth of US$5 million ($6.36 million), has been roundly dismissed by the church’s council.
In a statement posted on its website on Tuesday, the council said that the pastor had stopped drawing a salary from the church since 2009.
They said that Mr Prince had shared with them that his net worth is “substantially lower than the US$5m that has been alleged”. The council also said that it regards Mr Prince’s net worth as personal in nature.
The Oct 7 report, which has been making its rounds online, was published on http://www.richestlifestyle.com, an entertainment website which describes itself as “dedicated to the celebrity lifestyle”, and “giving you scoops on luxury cars and yachts” and “celebrity net worth”. It is purportedly has an office in New York.
The site listed Mr Prince as the 10th richest pastor in the world – alongside preachers such as American evangelist Billy Graham and Nigerian bishop David Oyedepo. The post said Mr Prince reportedly draws a salary of $550,000 but did not attribute the source of the information.
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SOURCE: Straits Times