What is the Full Gospel Business Men’s Fellowship International (FGBMFI)?

We have slightly touched on the FGBMFI, its connection to the New Order of the Latter Rain (NOLR) cult and its influence in developing the the leadership, the networking and the theology of the New Apostolic Reformation (NAR) cult.

History of the NAR cult infiltrating the marketplace.

Franklin Hall and William Branham helped shape the false gospel and dangerous prosperity theology of the NOLR which in turn helped develop the notorious Healing Movement across America. Franklin and Branham’s heretical teaching also helped shape the ministries of T.L. Osborne, Jack Coe, A.A. Allen, and David Duplessis. As Branham helped develop the healing movement in the early 1950s, it has been observed, “Branham worked closely” with the FGBMFI leader Demos Shakarian during the height of his early revivals” and that “Branham was the keynote speaker at a number of FGBMFI meetings during the initial years of that ministry, and was instrumental in the creation of several chapters of the organization… (Tallman 199-200). In turn the FGBMFI also at times supported Branham.”

T.L. Osborne, Jack Coe, A.A. Allen, and David Duplessis were also instrumental in the formation and growth of the FGMBFI, significant players in the formation of the Latter Rain movement. FGMBFI’s also boasts of being “one of the largest Christian business organizations in the world.  Founded in 1953, we are in 142 nations – meeting in over 7,000 chapters.  Our members and leaders include every race, culture, social status and language.” [Source] We would argue that Shakarian and his FGMBFI was the launchpad of the Church Growth Movement with their emphasis on success, Christian prosperity and spiritual business growth principles.


Demos Shakarian was the founder of FGBMFI.

Demos Shakarian

Demos Shakarian

The Wikipedia entry on Shakarian writes about him in a favorable light, stating:


“Shakarian used his organizational abilities to facilitate evangelistic campaigns, in particularly working with Charles S. Price. Other evangelists at his events included Tommy Hicks and William Branham and Oral Roberts. Shakarian spent most of his adult life building the Fellowship for free. Even honorariums that were given to him at speaking engagements he would deposit them back into the ministry. Every year at the annual board meeting he would resign his position as president step out into the hall and allow the 200 man board to vote in their president that serve for the next year. They would always vote him in, nonetheless this speaks volumes to the character of this godly man. The Fellowship grew into over 190 countries. Hundreds of other ministries were birthed from the Fellowship. Shakarian played a key role in working with Paul Crouch to help launch TBN. Joel Osteen’s ministry started from his father John Osteen. Shakarian played a key role in saving that ministry in the early days. When John was removed as a pastor due to his beliefs in the Pentecostal movementShakarian [sic] immediately caught a flight to be with John, convinced him not to quit but to start his own ministry wherein Shakarian funded the launching of John’s first tent meeting.

Source: Demos Shakarian, Wikipedia, https://en.wikipedia.org/wiki/Demos_Shakarian, Accessed 31/08/2917. (Emphasis ours.)

It is also important to recognize in the above information that Shakarian was responsible for helping financially launch John Osteen into ministry, the father of Joel Osteen. Shakarian was responsible for helping Paul Crouch launch TBN, Crouch even endorsing the ministry of William Branham early in TBN days.

Demos Shakarian was no small player in establishing the NOLR’s leaders in the construction of the Charismatic Renewal Movement (CRM). You can even tell in their mission statement

To end, we will let the FGBMFI website give voice to their origins:

About Us

How It All Began

In the early 1900’s… led by God, the Shakarian family escaped the Holocaust in Armenia and made their home in Downey, California where they started a 20-Acre dairy with three cows.  Faith in God, good judgment and hard work eventually multiplied that first little herd one-thousand fold, until in 1943 the Shakarian herd had reached three thousand, the largest private dairy in the United States at that time.  Their story is found in the book, “The Happiest People on Earth,” read by millions of people and translated into 25 languages.


In 1953, after receiving a God-given vision (click here to read about the vision), Demos Shakarian started FGBMFI as one small chapter of businessmen meeting every week in Clifton’s Cafeteria in Los Angeles, California.

The 1950’s – The Decade of Foundations

In the 1950’s, chapters began to spring up all over the United States.  It was discovered that holding chapter meetings in an informal setting was most successful, typically around a meal, where members would have the opportunity to share their stories with each other of how God had impacted their lives for the better.  As FGBMFI was quickly spreading across the United States, the organization was getting the attention of influential people such as then Vice-President Richard Nixon.

The 1960’s – The Decade of Expansion

The organization truly became “International” in the 1960’s, as FGBMFI began to conduct “Airlifts” to other countries.  The first such “Airlift” took place in 1965, when more than 400 members and their families filled three jets and flew to London.  From there they fanned out all over Europe sharing the good news of a better life with God and forming new chapters along the way.  This was followed in succeeding years by more “Airlifts” to Europe, Africa, the Near East and the Far East.  An exciting “Airlift” to Vietnam was conducted during the height of the war – the TET offensive.  Thirty-Two FGBMFI members witnessed many miracles as they met with soldiers all over Vietnam.  Even to this day our “Airlifts” have the same impact.

The 1970’s – The Decade of Influence

The Fellowship launched an all-out effort to make the general public aware of FGBMFI in the 1970’s.  One of the tools used was the “Good News” Television Show.  In addition to the regular telecasts were several prime-time specials including “Good News America,” “The Happiest People on Earth,” and “Turning Point.”  Another influential production was the release of the book “Happiest People on Earth,” telling the story of Demos and Rose Shakarian.  During this time FGBMFI was beginning to have an effective influence on world leaders who were becoming friends of the Fellowship.


The 1980’s – The Decade of Unity

During the 1980’s FGBMFI numbered 2,646 chapters around the world.  Every month it was estimated that 700,000 people met regularly in chapters.  Later, in the 1980’s the beautiful FGBMFI International Headquarters was built in Costa Mesa, California.  It was 160,000 square feet with 125 employees.  The global organization, although spread across many nations, was uniting as one.

The 1990’s – The Decade of Transition

In 1993 the beloved founder of FGBMFI, Demos Shakarian, went home to be with the Lord.  It was Demos’ keen desire to see his son, Richard Shakarian, follow him as the FGBMFI International President.  When the moment came for Richard to take his father’s place, he conceded that he only knew to do one thing – pray.  As he prayed, he felt impressed by God that his role would be “The Great Encourager.”  Today, many will agree that Richard’s encouragement has spurred them on to do even greater things – to think higher and reach longer.

2000 and Beyond – Globalization

In this new millennium, FGBMFI has become one of the largest businessmen networks in the world.  In 142 nations and with over 7,000 chapters globally, the reach of FGBMFI is significant.  From the Americas to China, from the Middle East to Africa… and beyond, FGBMFI is leading tens of thousands, even millions to a new and better life.  Cities and nations are being changed for the good, one life at a time – a true grass roots effort.  Now is the time to be a part of an organization making a real difference in the lives of people all around the world!

Source: About Us, Full Gospel Business Men’s Fellowship International, http://www.fgbmfi.org/about-q10072-Overview.aspx, Accessed 29/08/2017.

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