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Reverend Ike Net Worth $6 Million

What was Reverend Ike’s net worth at the time of his death?

Reverend Ike, commonly known as Rev. Ike, was an American minister and evangelist who had a net worth of $6 million at the time of his death. He built his ministry on the concepts of material satisfaction and self-motivated prosperity.

He was born on June 1, 1935, in Ridgeland, South Carolina, USA, as Frederick J. Eikerenkoetter II.

His mother, a black American, was a school teacher, while his father, of Dutch-Indonesian extraction, was a Baptist preacher.

Rev. Ike received a clear call to the ministry at the age of 7.

At age 14, he became an assistant pastor in his dad’s church.

In 1956, Frederick graduated as valedictorian of his class at the Pentecostal American Bible College in Chicago.

Later, he founded the United Church of Jesus Christ for All People in Beaufort, South Carolina.

In 1964, he moved to Boston to found the Miracle Temple.

In 1966, Rev. Ike moved to New York City. There. he founded the Christ Community United Church.

In 1969, Frederick bought the Loew’s 175th Street Theatre movie palace in the Washington Heights neighborhood for more than $500,000. Later, it was renamed the “Palace Cathedral.”

what is the net worth of Reverend Ike


In the 1970s, Rev. Ike was one of the first evangelists to reach an audience of over 2.5 million through television.

Frederick was one of the first evangelists to advocate that God wants each of us to be materially and spiritually abundant. He liked to tell his followers:

”It is not the love of money that is the root of all evil, it’s the lack of money.”

Rev. Ike also said:

”Never say money is hard to get. Money will hear you, and that’s just what she’ll be.”


”Money is always obeying your thought about it, your feeling about it, your belief about it.”

Rev. Ike also founded a magazine called ”Action!.”

The magazine reached over a million readers.

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In 1964, Rev. Ike married Eula Mae Dent.

Reverend Ike and his wife Eula M. Dent

© Guliver / Getty Images

The two first met while at the Miracle Temple in Boston in the ’60s. The evangelist said about his wife during an interview with Chicago Tribune:

”I don`t stay home long enough to get on her nerves.”


The couple had one son, Xavier Eikerenkoetter.

Xavier is the founder of the United Palace of Cultural Arts.

Eikerenkoetter was the Spiritual Director of the United Palace House of Inspiration, founded by his father.

Xavier Eikerenkoetter

© Guliver / Getty Images


Rev. Ike died on July 28, 2009, in Los Angeles due to complications from a stroke.

He is survived by his wife and his son.

“If you want to experience the goodness of life, you must believe in the nowness of life, you must get rid of that pie-in-the-sky by and by when you die attitude,” Rev. Ike once said.


”There is no honor in poverty! There is no style in poverty! Poverty doesn’t have any class!”

”I became the first American to place the fundamentals of mind science into the framework of evangelism.”

”I love money and money loves me.”

Reverend Ike Net Worth

© Guliver / Getty Images

”I was the first preacher to come out and say that money is good.”

”If I want to be successful, I must have a successful belief in myself.”

”I don’t care if you think I’m God, as long as you think the same thing about yourself.”

”The best thing you can do for the poor is not to be one of them.”

”Close your eyes and see green.”

“There is a danger in a person discovering the powers of his mind because power, like anything else, can be misused, and there are those people who have discovered the power of the mind and and the power of mass psychology.”

”Think how terrible it must be for a poor man to get in. He doesn’t even have a bribe for the gatekeeper.” (San Diego Union-Tribune)

”When you kneel down to pray, you put yourself in a good position to get a kick in the behind.”

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rev.ike bio


In 1986, he made a guest appearance on Hank Williams, Jr.’s hit ”Mind Your Own Business.”

Along with Pat Robertson, Jimmy Swaggart, and Jim Bakker, Frederick was one of the first evangelists to have success on TV.

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Rev. Ike – Net Worth

rev ike quotes


Rev. Ike earned most of his wealth from his sermons that were broadcast on radio stations and on TV.

In addition, the evangelist sold audio cassettes and books, such as Your Power of Visualization, Money-Making Miracle-Working Idea, How to Stop Hurting and Being Hurt, How to Get Out and Stay Out of the Hell of Poverty, Sickness & Suffering, The Secret of Good Luck, and Feeling Gets the Blessing.

At the time of his death, Rev. Ike had an estimated net worth of $6 million.

He once said: ”It is no secret that I am well‐paid.” Rev. Ike went on to say: ”My attitude about that is simply that I deserve to be well‐paid because I’m doing a hell of a lot of good.”

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Cherri Holloway

Tuesday 7th of November 2023

LongLive Rev.Ike his Master Mind has activated the money making mind in me thank you God in me!! Go subscribe to his YouTube @Rev.IKELegacy.

Garry Pleños Garceso

Sunday 5th of November 2023

I love the so called esoteric interpretation of the Bible by Rev. Ike. I'm so happy and grateful that I have known Rev. Ike few years ago. Life changing ideas, priceless ideas, one in a Billion Years ideas...


Sunday 6th of August 2023

I think, Rev Ike used his platform as a minister to help people and especially his own ethic group called African Americans realize they could have wealth in a Capitalistic society that oftentimes said differently. He also taught that his people could have health and happiness by using their mind, not someone else's mind to achieve whatever they want in life

Rodger Distance

Thursday 8th of December 2022

My research on the truth led me to Rev. Ike. I never knew he was so insightful. He was and still is ahead of his/the time. I listen to videos everyday, and his spirit talks to me in my mind.


Tuesday 7th of March 2023

@Rodger Distance, t is the Spirit of the Lord that speaks to us. Who is man. Did not Mr Ike say... when you kneel to pray (which we should all do) you put yourself in a position to be kicked in the buttocks

Pamela D Hayes

Thursday 1st of December 2022

I'm trying to find out whether Rev Ike teaching at the place in NYC STILL. I went to reve Ike church when I was small. And he told us to tell our parents to come. His teaching were remarkable.