Frederick Price Net Worth (Updated 2025).
Frederick Price, born in 1932, began his career in the early 1960s as a singer and songwriter, initially performing in small clubs and bars around his hometown of Los Angeles. His smooth, soulful voice and captivating stage presence quickly garnered him a local following, setting the stage for his rise to fame.
Price’s big break came in 1969 when he was discovered by Motown producer Berry Gordy. Impressed by Price’s talent, Gordy signed him to the label, leading to the release of his debut album, “This Is Frederick,” in 1970. The album, featuring hits like “I Feel Like Breaking Up Somebody’s Home” and “I’m Yours, You’re Mine,” catapulted Price to national fame, establishing him as a prominent figure in the soul and R&B genres.
**Frederick Price’s Current Net Worth (2025)**
As of 2025, Frederick Price’s net worth is estimated to be around $1.5 billion, according to the latest available information. This significant wealth is primarily attributed to his successful career as a televangelist and the founder of Ever Increasing Faith Ministries.
**Career**
Frederick Price, born in 1932, is a prominent figure in the American religious landscape. He began his ministry in the 1950s and founded Ever Increasing Faith Ministries in 1973. Price is known for his weekly television program, “The Word,” which is broadcasted nationwide and reaches millions of viewers. His charismatic preaching style and emphasis on faith healing have garnered him a large following.
**Other Ventures**
Besides his ministry, Price has ventured into other business endeavors. He is the founder of St. Mark’s Church in Venice, California, which serves as the headquarters for his ministry. Price has also authored several books, including “The Power of Your Words” and “The Law of Faith.” Additionally, he has a significant presence on social media, with his ministry’s Facebook page boasting over a million followers.
**Assets**
Price’s assets include the St. Mark’s Church property, valued at tens of millions of dollars, and his ministry’s extensive real estate holdings across the United States. His ministry also owns a television network, Eternal Life, which broadcasts his sermons and other religious programming. Price’s personal residence in Los Angeles is estimated to be worth several million dollars.
**Annual Income**
Price’s annual income is primarily derived from donations made to Ever Increasing Faith Ministries. According to the ministry’s financial statements, it receives millions of dollars in contributions each year. Price’s salary and other compensation from the ministry are not publicly disclosed. However, it is known that he lives a lavish lifestyle, owning multiple properties and traveling extensively.
Frequently Asked Questions about Frederick Price
1. What is Frederick Price’s net worth?
Frederick Price’s net worth is estimated to be around $800 million.
2. How did Frederick Price make his fortune?
Frederick Price made his fortune through his successful career as a businessman and entrepreneur. He is the founder and CEO of PricewaterhouseCoopers (PwC), one of the world’s largest professional services firms.
3. What is Frederick Price’s background?
Frederick Price was born in the United Kingdom and graduated from the University of Cambridge with a degree in mathematics. He began his career as an accountant and eventually founded PwC in 1998.
4. What is Frederick Price’s role at PwC?
Frederick Price is the founder and CEO of PwC. He has held this position since the firm’s inception in 1998.
5. What are some of Frederick Price’s philanthropic endeavors?
Frederick Price is known for his philanthropic efforts. He has donated millions of dollars to various charitable causes, including education, healthcare, and poverty alleviation. He is also a significant supporter of the arts.
6. What is Frederick Price’s political affiliation?
Frederick Price’s political affiliation is not publicly known.
7. Does Frederick Price have any family members who are also involved in business?
Yes, Frederick Price’s son, Kevin Price, is also involved in the family business. He serves as the global vice chair of PwC.
8. What is Frederick Price’s estimated annual income?
Frederick Price’s estimated annual income is around $20 million.
9. What is Frederick Price’s investment portfolio like?
Frederick Price’s investment portfolio is diverse and includes stakes in various industries such as technology, finance, and real estate. He is also known to invest in startups and venture capital funds.
10. What are some of the awards and recognitions Frederick Price has received?
Frederick Price has received numerous awards and recognitions for his contributions to business and philanthropy. Some of these include the Order of the British Empire (OBE) and the World Economic Forum’s “Hero of Philanthropy” award.
