Charles Payne Net Worth is$10 Million
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Profession: Journalist

Charles Payne net worth: Charles Payne is an American journalist and television personality who has a net worth of $10 million dollars. Charles Payne served in the United States Air Force, and attended Minot State University and Central Texas College. He went on to work as an analyst for E.F. Hutton on Wall Street in the mid-80s. From there, he founded his own firm, Wall Street Strategies. He is the company CEO and primary analyst. In 2007, he began working with the fledgling Fox Business Network. He is a co-host of "Varney & Co.", and regularly appears on a variety of Fox News Channel shows, such as "Cavuto on Business" and "Bulls and Bears". He recently came under intense scrutiny, when it was revealed that he had accepted compensation to promote particular stocks. It is not the first time he has run into problems with this, as his company was fined in 1999 for a similar issue.
Charles Payne is a Fox Business Network contributor and co-host of "Varney & Co." He joined the network at its launch in October 2007. Payne is also a contributor to the Fox News Channel, frequently appearing on shows such as "Cashin' In," "Cavuto on Business," and "Bulls and Bears." In addition to his work with Fox, Payne also hosts his own daily syndicated talk show The Payne Nation, by Sun Broadcast Group.
Payne is also the chief executive officer and principal analyst of Wall Street Strategies, an independent stock market research firm he founded in 1991. Payne began his career on Wall Street as an analyst at E.F. Hutton in 1985. He served in the United States Air Force, attending Minot State University and Central Texas College while in the service. He is married, and has a son sharing his name.
In August 2007, while on Fox News, he said regarding the looming recession and housing crash that the, "worst was over." He went on to suggest buying financial stocks just prior to their mass collapse in price. Then again in December 2007, while on Fox News, he claimed that by the second half of 2008 the, "housing market would be a lot better than it's been in 2007, [as well as] the auto market." He went on to claim that unemployment would dip to 4.7%. He then recommended the purchase of Washington Mutual bank stock prior to its filing of Chapter 11 bankruptcy. He claimed that the Dow Jones Industrial Average would hit 16,000 in 2008 but that the "big winner" would be the NASDAQ.
Payne was paid by several companies to promote their stocks. In 1999, Payne was fined $25,000 by the Securities and Exchange Commission for promoting stocks without disclosing that he had been paid to promote the stocks.

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Charles Payne Latest News

Fox Business host Charles Payne suspended amid sexual harassment probe

Fox Business Network host Charles Payne has been suspended after claims of sexual harassment. Buzz60 Charles Payne, a Fox Business Network host, has been suspended while 21st Century Fox probes sexual harassment allegations. “We take issues of this ...
Posted: July 6, 2017, 6:37 pm

Fox Business host Charles Payne suspended amid sexual harassment claims

Longtime Fox Business Network host Charles Payne has been suspended after a frequent guest on the network reportedly accused him of sexual harassment, adding to the list of sexual misconduct claims that have plagued 21st Century Fox over the past year.
Posted: July 7, 2017, 12:33 am

Fox suspends business news host Charles Payne

Hoping to avoid yet another sexual harassment scandal and subsequent lawsuits; 21st Century Fox was quick to suspend Fox Business Network host Charles Payne amid sexual harassment allegations made against him by a female political analysts who claims that ...
Posted: July 8, 2017, 9:03 pm

Fox anchor Charles Payne suspended amid sexual misconduct probe: ‘I will fight this’

Fox Business Network has suspended “Making Money” host Charles Payne amid allegations of sexual misconduct. “We take issues of this nature extremely seriously and have a zero-tolerance policy for any professional misconduct,” a Fox Business Network ...
Posted: July 8, 2017, 1:12 pm

Fox News’ Money Man Charles Payne Sent Racist Emails to Mistress

New details have been released in the scandal involving Fox News Channel anchorman Charles Payne, who is accused of sexually harassing former CNN journalist Scottie Nel Hughes. The National enquirer broke the story that Hughes was suing Payne for sexual ...
Posted: July 12, 2017, 1:00 am
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