Charles Payne Biography
Charles Payne is a Fox Business Network contributor and host of the show Making Money on Fox (weekdays 2-3 PM/ET). Payne also appears on FOX News Channel (FNC) programs such as Your World with Neil Cavuto and Fox & Friends on a regular basis. In 1985, he started his Wall Street career as an analyst at E.F. Hutton. He founded Wall Street Strategies, an independent stock market research business, in 1991, and he currently serves as its CEO and main analyst. In May 2007, he released his first book, “Be Smart, Act Fast, Get Rich.”
How old is Charles Payne? – Age
Where did Charles Payne go to school? – Education
He enrolled in the United States Air Force at the age of 17 and served as a security policeman at Minot Air Force Base in Minot, North Dakota. During his military service, Payne attended Minot State University and Central Texas College.
Charles Payne – Family
Ніѕ раrеntѕ gоt dіvоrсеd аlmоѕt іmmеdіаtеlу аftеr hіѕ bіrth. Тhіѕ саuѕеd hіm tо bе ѕеnt tо аnd rаіѕеd bу hіѕ grаndраrеntѕ untіl thе аgе оf еіght уеаrѕ. Аt thіѕ tіmе, hіѕ fаthеr hаd rеlосаtеd tо Саnаdа аnd mаrrіеd аgаіn. Не wаѕ ѕеnt bасk tо hіѕ fаthеr. Не wаѕ rаіѕеd wіth ѕеvеrаl ѕtерbrоthеrѕ аnd ѕtерѕіѕtеrѕ frоm hіѕ fаthеr’ѕ ѕесоnd mаrrіаgе. Аt thе аgе оf 17, hе ѕtаrtеd ѕеrvіng іn thе Unіtеd Ѕtаtеѕ Аіr Fоrсе bеfоrе јоіnіng јоurnаlіѕm. Не bесаmе а fаmоuѕ соntrіbutоr аnd а јоurnаlіѕt.
Payne Wife
He is married to Yvonne Payne. They are blessed with a boy and a girl, they live in Teaneck, New Jersey.
What is Payne Salary?
Payne’s salary is $5 million annually.
Payne Net Worth
His net worth is $15 million.
Charles PayneCareer
Payne began his career on Wall Street as an analyst at E.F. Hutton in 1985. In 1999, Payne settled with the SEC over a complaint alleging that on at least eight occasions, Wall Street Strategies recommended that its clients purchase members’ stock through recorded messages on its telephonic stock recommendation service. The complaint also alleged that Payne failed to disclose that he received payments from members to promote members’ stock. Without admitting or denying the alleged violations, Payne consented to the entry of a permanent injunction against violations of Section 17 (b) of the Securities Act of 1933. In addition, Payne agreed to pay a civil penalty of $25,000. In 2007, Payne released his first book, titled “Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market.” He has made several appearances on C-SPAN.
Fox Business Channel (FBC)
In 2007, Payne joined Fox Business as a contributor. In 2014, he became the host of Making Money with Charles Payne. In June 2019, Payne claimed, “When President Obama was elected, the market crashed … Trump was up 9%, President Obama was down 14.8% and President Bush was down almost 4%. There was an instant reaction on Wall Street. “ PolitiFact described the claim as “mostly false”, noting that experts completely dismiss the causal claims put forth by Payne, and instead attribute the market crash to broader economic forces and long-term trends.
Rape accusations
In July 2017, Payne was suspended by Fox Business pending an investigation after a former network guest, Scottie Nell Hughes, accused him of rape. Payne denied the charge, but acknowledged having had a three-year-long “romantic relationship” with Hughes before the accusation was made. Hughes, who kept an apartment near Fox’s Manhattan headquarters for the duration of the affair, claimed she believed it would help her obtain a permanent position at the network. Her appearances were drastically reduced after she ended the affair in 2015 and reported Payne to Fox. On September 8, 2017, Payne’s suspension was lifted.