The debate on whether pastors should be wealthy is as old as religion itself. There is a consensus that pastors ought to live a moderate life devoid of worldly pleasures so that they set a good example for their flock.
It is perceived that spiritual and material wealth can never go hand in hand for Christians, a belief that real wealth is to be found in heaven.
David Oyedepo is Africa’s wealthiest preacher. Ever since he founded the Living Faith World Outreach Ministry in 1981, it has grown to become one of Africa’s largest congregations. The Faith Tabernacle, where he hosts three services every Sunday, is Africa’s largest worship center, with a seating capacity of 50,000.
Oyedepo owns four private jets and homes in London and the United States. He also owns Dominion Publishing House, a thriving publishing company that publishes all his books.
He founded and owns Covenant University, one of Nigeria’s leading tertiary institutions, and Faith Academy, an elite high school.
The Winners’ Chapel International network of churches is located in over 300 cities, in all states of Nigeria, and in several cities in 45 African nations, Dubai, the United Kingdom and the United States.
Oyedepo has been seen as one of the pioneers of the Christian charismatic movement in Africa and has been referred to as one of the most powerful preachers in Africa
Oyedepo was born again in 1969, through the influence of his teacher, Betty Lasher, who took special interest in him during his high school days.
He studied Architecture at the former Kwara State Polytechnic, now Kwara State University and worked briefly with the Federal Ministry of Housing in Ilorin before resigning to concentrate on missionary work. Oyedepo received a Ph.D. in Human Development from Honolulu University, Hawaii, United States.
David Oyedepo and his wife were both ordained by Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God on September 17, 1983. Five years afterwards, David Oyedepo founded the Living Faith Church World Wide.