What happens when the faith of a community is preyed upon for a payday? Who Are The Figures of Prosperity Gospel? Prosperity gospel and its potentially questionable nature in the Black community has long been an issue, since one of the earliest and most known 'prosperity preachers,' Rev. Fredrick J. Eikerenkoetter, better known as Rev. Ike. He reached the height of his fame in the 1970's with an audience of 2.5 million people. He would ask his congregation for cash donations (stating that he preferred paper money to change and offering a prayer cloth in return) from his audience for