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

Why Thor Industries, Inc. Stock Is Still Attractive At These Levels

In fact, I think it can keep climbing another 15%-20% from here. Curious what Wall Street insider Charles Payne really thinks? Get more behind-the-scenes insights, valuable market research and hands-on guidance including live stock recommendations from Fox ...
Posted: December 13, 2017, 9:08 am

SEBASTIAN SHAKESPEARE: Prince Charles’s ‘Steel Magnolia’ divorce lawyer chases mother whose 22-year-old son froze to death for £118,000 divorce bill

But Shackleton’s solicitors firm, Payne Hicks Beach, is taking a hard line to make Lazareff settle a crippling legal bill. In October, Payne Hicks Beach filed a High Court claim against Lazareff for breach of contract. It is suing the bereaved mother for ...
Posted: December 15, 2017, 3:49 pm

Charles Payne’s charged argument with an OWS protester: “I took my opportunity!”

But Charles Payne hits back with what essentially amounts to this: I did. “I took it! I took it!” he says. “I took my opportunity!” Payne doesn’t mean he became successful “on his own” in the conventional sense of the phrase: He recognizes ...
Posted: December 5, 2017, 12:01 pm
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