Jerry Falwell Jr is an American lawyer and university administrator. He is best known for being the president of Liberty University, the largest Christian university in the world. He is also the chancellor of the school, which he inherited from his father, Jerry Falwell Sr. Today, Fidlarmusic will look inside Jerry Falwell Jr net worth.
What is Jerry Falwell Jr Net Worth and Salary 2023?
In 2023, Jerry Falwell Jr. has a net worth of $100 million dollars. He has earned his wealth primarily from his professional career which includes his 13-year job at the Liberty University, where he was earning an annual salary of $1.25 million. He also earns money through his business ventures and investments.
Jerry Falwell Jr. is a celebrity and is widely followed on social media sites. His popularity has helped him gain fame, fortune and respect. He is also a prominent member of the Evangelical Christian community and has appeared in various television shows such as Thomas Road Live, Erin Burnett Out Front, and Fox and Friends.
Jerry Falwell Jr Overview
Jerry Falwell Jr., the oldest child of Jerry Sr. and Macel Falwell, was born on June 17, 1962. He attended private schools in the Lynchburg vicinity, such as Lynchburg Christian Academy (later known as Liberty Christian Academy), from which he received his education and graduated in 1980.
Following Liberty University, he attended the University of Virginia School of Law, where he earned a Juris Doctor in 1987, and the University of Virginia School of History, where he earned a Bachelor of Arts in history and religious studies in 1984.
Jerry Jr. was to be given control of Liberty University as part of a succession plan that Jerry Sr. put out before his passing, while Jonathan Falwell, the other son, would take over the leadership at Thomas Road Baptist Church.
The choices were influenced by each person’s personality: Jonathan was more charismatic and interested in ministry, whereas Jerry Jr. had aggressive business instincts. When Jerry Sr. passed away in 2007, this succession plan came into force.
Liberty University came under fire under Falwell Jr. for its claimed dictatorial control over staff and students, nepotism toward Falwell family-owned companies in the school’s investments, and growing influence of Falwell’s wife Becki in school matters.
In a letter to Betsy DeVos, signed by representatives Andy Levin and Jamie Raskin, Falwell’s leadership was also criticized for allegedly preventing students from writing student articles critical of Trump.
Following backlash to a social media post in which he was seen with his pants undone and his arm around the waist of a woman whose shorts were also undone, Liberty University announced on August 7, 2020 that Falwell would be taking an indefinite leave of absence from his roles.
On August 25, his resignation was acknowledged by both Falwell and Liberty University.
Jerry Falwell Jr. was being paid $1.25 million annually by Liberty University prior to his resignation. Falwell likely received roughly $10 million as a buyout after leaving the position, per a condition in his employment contract.
According to his contract, if he ever leaves, he will be entitled to both his two-year pay AND an additional $8 million.
Under the Falwell family’s leadership, Liberty University grew from a small, relatively unknown Baptist school to a significant force with more than 95,000 undergraduate students.
Becki Tilley is Jerry Falwell Jr.’s wife, and the two of them reside on a farm in Bedford County, Virginia. The family includes businessman Jerry “Trey” Falwell III as one of their three children. Jerry Falwell Jr. served as Liberty University’s president of university operations until his firing by the institution in 2021. In South Beach, Miami, Falwell Jr. also runs the Alton Hostel.
Why is Jerry Falwell Jr famous
Jerry Falwell Jr. is famous for being a prominent Evangelical Christian and former academic administrator, as well as the eldest son of televangelist Jerry Falwell Sr., a conservative Christian leader and televangelist.
His father’s death in 2007 made him the president of Liberty University, a school his father founded in Virginia. However, he soon faced a very public fall from grace due to a sex scandal involving his wife Becki and another man.
Despite this scandal, Jerry was still able to gain a sizable net worth of $8 million from his contract stipulating that he’d be paid his salary for two years plus $8 million if he were to ever leave.
His wife, Becki, also has a net worth of $33 million, mostly due to their marriage and her work as a social worker, activist, and media personality.
FAQs about Jerry Falwell Jr
What happened to Jerry Falwell Jr?
Jerry Falwell Jr. established Liberty University before stepping down as president due to a sexual misconduct incident. He is currently barred from the university and embroiled in a dispute with the organization his father created.
Is Jerry Falwell Jr still rich?
Despite all the controversy, Jerry still has a sizable net worth of $100 million. And he was able to get there thanks to leaving Liberty University. Jerry worked at the university for 13 years and made $1.25 million a year.
What is Donald Trump’s net worth?
As of October 26, 2023, Forbes pegs the value at $3.2 billion, despite Trump’s significantly greater claims. Trump had a wealthy inheritance from his father, and he has also amassed income through fundraising, real estate endeavors, hotels, casinos, golf courses, and the sale of goods bearing the Trump name, such as steaks and suits.
Who is the richest university in the US?
According to information gathered by U.S. News in an annual poll, Harvard will have the greatest endowment among National Universities at the conclusion of fiscal year 2021, topping the list with roughly $53 billion.
From his success with Liberty University to his high profile legal career, there is no doubt that Jerry Falwell Jr. has made a huge impact in the world. His net worth is a testament to his hard work and dedication to his craft. As Liberty University continues to grow and evolve, it will be interesting to watch what Jerry Falwell Jr. does next. If you want to stay up-to-date with the latest news concerning Jerry Falwell Jr., make sure to follow FidlarMusic!