Charles Payne Net Worth (Money & Salary)

Charles Payne Net Worth (Money & Salary)
March 15, 2025
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What is Charles Payne’s Net Worth and Salary?

With a net worth of $9 million, Charles Payne is an American financial journalist. He is known for hosting “Making Money with Charles Payne” on the Fox Business Network. Prior to this role, he served as an analyst at EF Hutton on Wall Street and went on to establish his own stock market research firm, Wall Street Strategies.

At Fox Business, Payne earns an annual salary of $4 million.

Early Life

Born in New York City on November 15, 1960, Charles Payne joined the United States Air Force at the age of 17. He served as a security policeman at Minot Air Force Base in North Dakota. During his time in the service, he attended Minot State University and Central Texas College.

Career Beginnings

Payne began his Wall Street career in 1985 as an analyst at the stock brokerage EF Hutton. He founded Wall Street Strategies, a stock market research firm, in 1991, ultimately becoming its principal financial analyst and CEO.

SEC Complaint

In the late 1990s, while serving as President of Wall Street Strategies, along with majority owner Todd H. Moore—who also headed a public relations firm, M&S Promotions—Charles faced a complaint filed by the SEC in 1999. The complaint accused them of recommending purchases of Member Services Corporation’s stock on “at least eight occasions” through recorded messages.

The SEC contended that Payne failed to disclose payments received from Members in exchange for promoting its stock. While he did not explicitly deny or confirm these allegations, Payne consented to a permanent injunction against breaches of Section 17(b) of the Securities Act of 1933 and agreed to pay a civil penalty of $25,000.

(Photo by Steven Ferdman/Getty Images)

Fox Business Network

Joining the Fox Business Network as a contributor in 2007, Payne later began hosting his own show, “Making Money with Charles Payne,” in 2014. On his show, he has made several false or misleading statements; notably, he claimed the market crash was a result of Obama’s presidential election in 2008, an assertion that financial experts have discredited.

Additionally, Payne is a frequent guest host on “Varney & Co.” and has made appearances on “Cavuto on Business,” “Bulls and Bears,” and “Cashin’ In.”

Getty Images

Rape Allegation

In July 2017, Payne faced suspension from the Fox Business Network after Scottie Nell Hughes, a former network guest, made a rape accusation against him. Although he refuted the claim, he did confess to having had a three-year affair with Hughes. According to Hughes, Fox prohibited her from working with them following her allegation. By September 2017, after a two-month investigation, Fox Business reinstated Payne.

Other Endeavors

Outside of Wall Street and Fox Business, Payne authored the book “Be Smart, Act Fast, Get Rich: Your Game Plan for Getting it Right in the Stock Market,” which was published in 2007. In addition to this, he has made numerous appearances on C-SPAN as part of his media ventures.

Personal Life

Payne lives in Teaneck, New Jersey, with his wife Yvonne and their two children, Cael and Austin, who is his stepson.

The data covers the years 2023 and 2024, with forecasts extending to 2025 and 2026, and additional projections into 2027 and 2028.

* This information was taken from various sources around the world, including these countries:

Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.

Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.