Charles V. Payne is a famous American businessman and Fox Business Network financial journalist. He is best known as the Chief Executive Officer and Principal Analyst of Wall Street Strategies, Inc. (WSSI), founded in 1991.
He established WSSI to provide a unique brand of stock market advice for less than $10,000. Please keep reading to learn more about Charles Payne. This write-up highlights everything about him, including his age, career, net worth, biography, early life, and more.
Biography (Early Life and Education)
Charles V. Payne was born on November 15, 1962, in New York City, New York, United States. According to her birthday, he was born under the Scorpio astrological sign. He holds American nationality, is of white ancestry, and was raised in Christianity.
He joined the US Air Force at 17 and was assigned to the security police section of the Minot Air Force Base in Minot, North Dakota. Payne enrolled at Minot State University and Central Texas College while in the service.
Quick Wiki, Bio
| Full Name | Charles V. Payne |
| Nickname | Charles |
| Profession | Fox Business Network financial journalist and Host |
| Age | 61 years old |
| Date of Birth | November 15, 1962 |
| Place of Birth | New York City, New York, United States |
| Nationality | American |
| Ethnicity | White |
| Astrological Sign | Scorpio |
Career
Finance industry and Fox Business
In 1985, Payne started his Wall Street career as an analyst with E. F. Hutton. He established Wall Street Strategies, a stock market research company, in 1991 and currently serves as its chief executive officer and principal financial analyst. Payne settled with the SEC in 1999 regarding a complaint that claimed Wall Street Strategies had advised its clients to buy members’ stock at least eight times through recorded messages on its telephone stock advice service.
Additionally, Payne was accused of concealing that members paid him to promote their shares in the complaint. Payne approved the issuance of a permanent injunction against violating Section 17(b) of the Securities Act of 1933 without acknowledging or disputing the allegations of infringement.
Payne also consented to pay a $25,000 civil penalty. Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market was Payne’s debut book, published in 2007. He has been on C-SPAN multiple times.
Fox Business
Charles joined Fox Business as a contributor in 2007. After seven years, he began hosting his own program, “Making Money with Charles Payne.” Payne, who frequently makes erroneous or misleading statements on the show, once asserted that Obama’s election as president in 2008 was the reason behind the market fall. This is a false association, according to financial experts. He became the Host of Making Money with Charles Payne in 2014.
Net Worth
How rich is Charles Payne worth? Charles Payne is among the wealthiest American Businessmen. As of this writing, Charles has a net worth of $12 million. He works for Fox Business Network and hosts “Making Money with Charles Payne.” Before this, he started Wall Street Strategies, a stock market research company, while working as an analyst at EF Hutton. Charles Payne’s annual Salary at Fox Business is $4 million.
| Net Worth | $12 million |
| Monthly Salary | $4 million |
| Annual Salary | Under Review |
Rape Accusation
After being accused of rape by Scottie Nell Hughes, Payne was suspended by Fox Business in July 2017 while an investigation was conducted. A three-year “romantic relationship” between Payne and Hughes was acknowledged before the accusation, although Payne refuted the charge.
Hughes maintained an apartment close to Fox’s Manhattan headquarters during the affair, claiming she thought it would permanently help her land a job with the network. Upon ending the affair in 2015 and disclosing Payne to Fox, she substantially cut down on her appearances. Payne was freed from suspension on September 8, 2017.
Personal Life and Body Measurements
With his wife Yvonne, Payne has two children named Cael and Austin, the latter of whom is his stepson. The family resides in Teaneck, New Jersey.
| Marital Status | Married |
| Wife | Yvonne Payne |
| Children | Cael and Austin |
| Height | 6 ft 0 inch (183 cm) |
| Weight | 176 lbs (80 kg) |
| Body Measurements | – |
| Hair Color | Black |
| Eye Color | Dark Brown |
Social Media Handles and Links
| @charlesvpayne | |
| @cvpayne | |
| TikTok | @charlespayne5686 |
| Charles Payne | |
| YouTube | Jocko Podcast |
Frequently Asked Questions
Q. What is Charles Payne known for?
A. Charles is known as the Chief Executive Officer and Principal Analyst of Wall Street Strategies, Inc. (WSSI), founded in 1991.
Q. Where was Charles Payne born?
A. He was born in New York City, New York, United States.
Q. How rich is Charles Payne?
A. He is worth $12 million.
Q. Who is Charles Payne married to?
A. He is married to Yvonne Payne.
