Charles Payne is a very popular American television personality who is widely considered to have reached the summit of success in the world of TV hosting, journalism, and broadcasting. Having been in the industry for a long time, he is considered a veteran who has pushed his way to the very top.
Payne who works as a contributor for Fox Business Network and as the host of Fox’s Making Money with Charles Payne program, has become one of the most recognizable faces on TV in America.
Who is Charles Payne of Fox News?
Charles Payne was born on the 15th of November, 1960. Although the identity of his parents has not been established, we do know that he was raised by his single mother in New York, after she parted ways with his father when he was still a child. Payne has two brothers and they all lived with their mother after their parents broke up.
Detailed information about how Payne grew up is not readily available however, we know that he did not start out with the intention to be a journalist or broadcaster. When he was just 17 years old, Payne joined the United States Air Force and was posted to serve as a security police officer at the Minot Air Force Base in Minot, North Dakota. It was while in active service that he went to school and earned a degree. It is on record that he attended Minot State College as well as the Central Texas College.
After leaving the Air Force, Payne who was already talking strong interest in the stock market and financial management, kick-started his career on Wall Street. He began as an analyst at E.F. Hutton, an American stock brokerage firm he joined in 1985. His experience at the firm fueled his passion and drive to succeed in the financial market.
In 1991, about six years after he joined E.F. Hutton, Charles Payne took the bold step of establishing his own stock market research company, Wall Street Strategies. Currently, he is the chief executive officer and principal analyst at Wall Street Strategies which he groomed and grew into one of the most renowned names in the stock market business.
Payne is very passionate about the stock market and has even published a book titled ‘Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market’. He published the book in May 2007, the same year that he ventured into television when he joined the FOX Business Network as a pioneer contributor. He became a member upon its launch in October 2007 and has since grown through the ranks to become one of the network’s most recognizable faces. In fact, he now hosts his own TV program, Making Money with Charles Payne on the channel.
Apart from hosting his own program, Charles Payne is also a contributor to FOX News Channel, often making appearances on shows such as Fox & Friends and Your World with Neil Cavuto.
As a businessman who has had years of experience and patronage in the stock exchange market, Payne has accrued quite a substantial amount of wealth for himself. Also an author and TV personality, the businessman is practicality a well to do person.
Payne is believed to take home over $100,000 annually as both a TV host and a channel contributor for FOX. With wealth accumulation from his other dealings in the stock market, Payne’s current net worth has been pegged at $10 million by celebrity wealth calculators.
His Wife – Yvonne Payne and Affair
Charles Payne is a happily married man, he got married to Yvonne Payne, an American woman in March 2004 and they have been together ever since having had two children; a son, and a daughter. Their daughter Cherie was born in 1985 and their son Charles Jr. was born in 1996.
It is noteworthy that even though the couple has generally lived a happy life together since their marriage, it has not been a rosy journey for them. In July 2017, they were faced with a very difficult time after Payne was accused of rape by Scottie Nell Hughes, one of his former network guests. Payne vehemently denied the allegation of rape but admitted that he had an extra-marital affair with the woman for three years. He went on to apologize to his family and his wife for cheating on her.
Many critics thought the couple would divorce following the rape allegation, but Charles and Yvonne were able to sort things out and remained as husband and wife. The FOX network reacted to the allegations by suspending Charles but later lifted it on September 8, 2017, about two months after. At the moment, the couple continues to live together in Teaneck, New Jersey.