Recently controversial televangelist Benny Hinn said he has renounced the prosperity gospel saying "the Holy Ghost is just fed up with it."

The prosperity gospel teaches, among other things, that believers have a right to the blessings of health and wealth, and they can obtain these blessings through positive confessions of faith and the "sowing of seeds" through the faithful payments of tithes and offerings.

Hinn's outright rejection of the prosperity gospel comes just two months after his nephew, Costi Hinn, revealed in his new book, God, Greed, and the (Prosperity) Gospel: How Truth Overwhelms a Life Built on Lies, how his family exploited millions around the world with the prosperity gospel and often traded so-called miracles for money.