Charles Payne Biography
Charles Payne is an American News Anchor and Host working for FBN as a financial journalist and host of Fox’s Making Money with Charles Payne. He joined the FBN news team in 2007, after previously working for Wall Street.
Charles Payne Career
Payne started his job on Wall Street as an analyst at E. F. Hutton in 1985. Payne started the stock market study company Wall Street Strategies in 1991 and is now its CEO and lead financial analyst. In 1999, Payne reached a settlement with the SEC over a charge that Wall Street Strategies told its clients to buy members’ stocks at least eight times through recorded messages on its phone-based stock recommendation service.
The complaint said that Payne didn’t tell the truth about the fact that members paid him to market their stock. It’s not clear if Payne admitted or denied the charges, but he did agree to a lifelong injunction against violating Section 17(b) of the Securities Act of 1933. In addition, Payne agreed to pay a $25,000 civil fine.
In June 2019, Payne said, “The market crashed when President Obama was elected…” Trump went up by 9%, Obama went down by 14.8%, and Bush went down by almost 4%. Right away, people on Wall Street felt something. The claim was called “mostly false” by PolitiFact, which said that while the numbers were right, experts don’t believe Payne’s claims about what caused the market crash. Instead, they say that the crash was caused by larger economic forces and long-term trends.
Scottie Nell Hughes, a previous guest on Fox Business, accused Payne of rape in July 2017 and the show suspended him while the matter was looked into. Payne rejected the charge, but he did say that he and Hughes had been in a “romantic relationship” for three years before the charge was made. Hughes said she stayed in an apartment near Fox’s offices in Manhattan during the affair because she thought it would help her get a permanent job at the network. After she stopped the affair in 2015 and told Fox about Payne, she didn’t show up as often. Payne was no longer suspended on September 8, 2017.
At FBN Payne works alongside Hillary Vaughn, Grady Trimble, Kelly Saberi, Taylor Riggs, Jack Otter, Kelly O’Grady, Dagen McDowell, Kacie McDonnell, Stuart Varney, Elizabeth MacDonald, Susan Li, Edward Lawrence, Larry Kudlow, Jeff Flock, Sean Duffy, Katrina Campins, Gerry Baker, and Madison Alworth.
Charles Payne Education
During his time in the US Air Force, Payne went to Minot State College and Central Texas College where he attained his degrees. In 2004, Payne joined the US Air Force when he was 17 years old. He worked as a security guard at Minot Air Force Base in Minot, North Dakota.
Charles Payne Salary
Payne earns a salary of about $1M – $4M annually.
Charles Payne Net Worth
Payne has an estimated net worth of about $10 Million – $20 Million which he has earned through his career as a news anchor and host.
Charles Payne Age
Payne was born on November 15, 1962, in the United States. He is 61 years old as of 2023, and he celebrates his birthday on the 15th of November every year.
Charles Payne Height and Weight
Payne stands at a height of 5 feet 11 inches tall (1.80m) and weighs 71 kgs (156 lbs).
Charles Payne Family
Payne was born in the United States to Della Wolfley (mother) and Charles Leroy (father) who was a U.S. Army military veteran during the Vietnamese war. Payne’s parents divorced while he was still a young boy. In 2016, his father passed away two weeks after celebrating Father’s Day. Payne has two brothers whose details are not available to the public. However, this information will be updated when available.
Charles Payne Wife and Children
Payne has been married to Yvonne Payne, a writer and author of Kritsotopoula since 2004.
In 2012, Yvonne had a heart attack because of ventricular tachycardia, a problem with the heart rhythm that is caused by signals from the lower chambers of the heart.
Yvonne had a heart attack and had to be put on a ventilator before she could get a new heart. Since her heart surgery, Yvonne has taken part in organ donation events for charity. In 2013, she volunteered at the NJ Sharing Networks 5k Walk and the USATF-Certified race, which raised thousands of dollars for different charities. The couple is blessed with two children; Charles Payne Jr (1996) and a daughter named Cherie (born 1985) from Yvonne’s previous relationship
Charles Payne Books
Payne has written several books such as; Be Smart, Act Fast, and Get Rich: Your Game Plan for Getting It Right in the Stock Market, which came out in 2007. He has been on C-SPAN more than once. Payne became a reporter for Fox Business in 2007. He took over as host of Making Money with Charles Payne in 2014.
Charles Payne Son
Payne’s son is called Charles Livio Payne Jr and he is an artist and visionary. No more information is known about him. However, this information will be updated when available.
Charles Payne Website
Payne has a website where he helps his subscribers make money in the stock market. His unbiased approach is coupled with personalized service that guides investors throughout the entire life cycle of each trade. For him, the most important thing for investors in the stock market is to understand the stocks in their accounts beyond how the charts look.
Long-term success doesn’t come from picking stocks that will go up in value, but from knowing which stocks to hold on to when things go wrong. When he gives financial advice, he focuses on a balanced distribution of funds, exposure to the industry, and setting realistic goals. 70% of your stocks should be in “core positions,” and the other 30% should be actively trying to make money.
Charles Payne Social Media Platforms
Payne is very active on her Twitter, Instagram, and Facebook pages. She has 903k followers on Twitter 27k followers on Instagram and 166k followers on Facebook.