They're talking about how much money they're making. I'm there.. 92 to now.. the cost of houses has gone way up. Plus inflation. Tried to look up how much they have now.
Current Estimates and Assets:
Estimated Net Worth: While official figures are not released, external sources estimate the Church's net worth to be significant. As of 2023/2024, estimates range from $265 billion to $293 billion.
Investment Portfolio: A substantial portion of these assets is held in an investment portfolio, estimated to be around $206 billion as of late 2024. This is intended as a reserve for future needs.
Real Estate: The Church owns extensive real estate holdings, including temples, meetinghouses, commercial properties, agricultural land (like ranches and farms), and other properties. Estimates for real estate holdings have been around $102 billion as of 2021, but this is likely higher now.
Business Interests: The Church also has various business interests managed through Deseret Management Corporation (DMC). These include media (Bonneville International, Deseret News), insurance (Beneficial Financial Group), publishing (Deseret Book), and hospitality. In the mid-1990s, revenue from these enterprises was estimated at around $600 million annually, and these holdings have likely grown.
Watching part 2 from 10 years later.
https://archive.org/details/1992-the-god-makers-2
They're talking about how much money they're making. I'm there.. 92 to now.. the cost of houses has gone way up. Plus inflation. Tried to look up how much they have now.
Current Estimates and Assets:
Estimated Net Worth: While official figures are not released, external sources estimate the Church's net worth to be significant. As of 2023/2024, estimates range from $265 billion to $293 billion.
Investment Portfolio: A substantial portion of these assets is held in an investment portfolio, estimated to be around $206 billion as of late 2024. This is intended as a reserve for future needs.
Real Estate: The Church owns extensive real estate holdings, including temples, meetinghouses, commercial properties, agricultural land (like ranches and farms), and other properties. Estimates for real estate holdings have been around $102 billion as of 2021, but this is likely higher now.
Business Interests: The Church also has various business interests managed through Deseret Management Corporation (DMC). These include media (Bonneville International, Deseret News), insurance (Beneficial Financial Group), publishing (Deseret Book), and hospitality. In the mid-1990s, revenue from these enterprises was estimated at around $600 million annually, and these holdings have likely grown.