The Heresy of Wealth Transfer
Wealth Transfer began with the New Apostolic Reformation (NAR), also known “apostolic-prophetic movement,” which started in the late 1990s. It is explicitly taught by preachers like Benny Hinn and other pentecostal and charismatic churches worldwide who follow the “Five Fold ministry.”
The concept of Wealth Transfer is that God will transfer control of the world’s wealth from the hands of the wicked and unto to the hands of the self-proclaimed NAR apostles and prophets to establish and govern Jesus’ earthly kingdom before His second coming.
From time to time, their leaders speak of new divine revelation and the “word of knowledge” from the Holy Spirit.
The heresy and duplicity of “Wealth Transfer”
Although “wealth transfer” begins with a future promise, the same principle is applied to the act of helping others by being a giver (such as giving to the church) as well as God enabling others to bless you with material wealth.
The deceit lies in the fact that preachers of wealth transfer often coerce members to give to the church so that God will bless them. In exchange, like stage magicians, they perform miracles and dispense blessings from the divine.
In truth, they are channeling the demonic spirit of the anti-Christ.
In one of Benny Hinn’s videos, he explains that “the return of wealth” may not come immediately but in the future. A convenient excuse for those asking why God hasn’t returned what they gave a hundredfold.
Luke 6:38 context
They often quote Luke 6:38 and Mark 10:29-30 where the amount you give determines the amount you get back, and those who give up their wealth for others (or a church) will receive a hundredfold. On the surface, the verses may be literal, but in context, it is not.
To understand the verse in Luke, we must read the whole context beginning with verse 27 whose context is about selflessness, kindness, and forgiveness.
It does not discount the fact that the Lord may bless (materially) those who give, but God also measures our motives.
Although the phrase “put into your lap” in verse 38 is alluded to a long robe in order to carry an overflow of grain, the point is forgiveness that we too need in abundance.
Jesus illustrates this in verse 7:47 by saying, “… But the one who is forgiven little, loves little.”
“Be merciful, even as your Father is merciful. Judge not, and you will not be judged; condemn not, and you will not be condemned; forgive, and you will be forgiven; give, and it will be given to you. Good measure pressed down, shaken together, running over, will be put into your lap. For with the measure you use, it will be measured back to you.”
Mark 10:29-30 context
Jesus just finished explaining wealth can impede following Him. He added, “Go, sell everything you have…” (verse 21). It doesn’t make sense to make the verse about receiving “hundredfold riches.”
Seeking prosperity blinds us from pursuing what is eternal: God’s kingdom and His glory (verse 10).
Furthermore, Mark 10 points to our readiness and willingness to give up material wealth or loved one as devoted followers of Christ. An antithesis of Wealth Transfer.
Jesus said, “Truly, I say to you, there is no one who has left house or brothers or sisters or mother or father or children or lands, for my sake and for the gospel, who will not receive a hundredfold now in this time, houses and brothers and sisters and mothers and children and lands, with persecutions, and in the age to come eternal life.”
seeking prosperity blinds us from pursuing what is eternal.
A Christian missionary who practiced wealth transfer
The first time I heard about wealth transfer was from a missionary from the Philippines involved with various projects with PCEC. He started a government-accredited school to equip young people with skills. After his fallout with the lease landlord, he lost students and potential income.
When he left the building, he declared on its doorstep the gospel of “wealth transfer.” That whatever was taken from him (by the landlord) would be transferred to him.
According to his students, he did the same thing with anyone who apparently wronged him. Here, we see the NAR concept of wealth (from bad people) transferred to Christians like him.
He and his wife also believe in the “Name it, Claim it” prosperity gospel. They repeatedly chanted that the church they planted would be a “mega-church.” However, the opposite happened.
Wealth transfer in the Bible?
Jesus never taught anything about wealth transfers. Instead, the devil offered the wealth of all the kingdoms, even those that belong to others, if Jesus worshiped him (Matthew 4:8-9).
The devil offered wealth if Jesus worship him.