Kenneth Copeland, Pastor Worth
Kenneth Copeland, America’s Wealthiest Pastor, Avoids Taxes on $7 Million Mansion
Televangelist Kenneth Copeland, often recognized as the wealthiest pastor in America, reportedly has a net worth of $760 million. His lavish lifestyle has sparked controversy, especially his alleged tax-free living in a $7 million mega-mansion. Located in an exclusive lakefront community near Fort Worth, Texas, this 18,000-square-foot estate features six bedrooms, six bathrooms, a tennis court, two garages, and a covered boat dock.
A Mansion With Minimal Taxes
Built on an acre of land and surrounded by 24 acres of lakefront property, Copeland’s estate is officially owned by his Eagle Mountain International Church. While the property’s market value is estimated to be in the millions, it has been appraised at an “extraordinarily low” $1,250,000. This valuation results in annual property taxes of less than $3,000, a fraction of the estimated $150,000 in taxes if the property were appraised at its true value.
The discounted valuation was part of a dispute resolution agreement with the Tarrant Appraisal District, though real estate experts assert the waterfront property would fetch significantly more in an open market. Copeland has declared the estate a “clergy residence,” allowing it to qualify for a 100% tax exemption.
