379
$8.3 trlllion in wealth
That is like 10 times the US yearly military budget. Where are you getting these numbers from?
this post was submitted on 24 Aug 2024
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NonCredibleDefense
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No clue. I'm seeing closer to 300 billion sited.
Nobody knows the exact number as they hide their wealth using all sorts of shady methods. We do know they had more than 100 billion in just one investment account. They also own over 1 million acres of agricultural land, and large amounts of commercial real estate. Tracking all the business entities they own around the world is also difficult as they commonly use shell companies and other methods to hide their ownership.
Any estimate you find is just a guess.
I think they messed up their decimal point. I just made a modest donation, so they should have around $83 Trillion
This is non-credible defense, I think you know where those numbers come from.
Sounds like bullshit ngl number of mormons (17 million) times the average american net worth (1 million) = 17 trillion.
Does the temple literally own half the wealth of their congregation?
They collect a tithe of 10% of members’ income from the entire congregation. Most people accumulate less than 10% of their income as net worth annually
So yes, quite possibly they do.
Plus, they have been around fore more than 190 years. With smart investments and only 5% growth per year, your wealth doubles over 15 years. They also own land, so with land value going up they made a lot of profit if they just rent it out.
And when those 10% get invested you get good returns... then when you have a large pool of money you can join use the TBTF cheat squads to earn a very high return with minimal risk.
And that's assuming that all 17 million mormons the LDS church claims to have actually exist. It's kind of annoying to get deleted from their rolls, so a lot of people who leave don't bother. Also, many of those 17 million live in much poorer nations than the US.
That 17 million is a vast overestimation of their worldwide attendance. Real numbers, based off of cellphone data, are closer to 4 million.
I was counting in Hryvnias
Okay, so I’m not a big fan of the LDS church, but can we talk about how unironically hard that Hornet regalia goes?
AI jet, hornet inspired but not hornet in actuality.
Right, just change the church specific stuff to random shit and I'm 100% sold.
I would have thought the jet in the picture was a Mexican Cartel jet.
It’s missing the chrome wire wheels tho
They need to save that for their spaceship
trusting the OPA to build you a spaceship
What did they expect?
It spinned though
Wouldn't biblically accurate fighter jets have 6 wings or something like that?
ChatGPT4o made it, and we all know that ChatGPT is not capable of being wrong.
I also asked for a biblically accurate stealth bomber and got this:
Looks like the new wish.com-lookin’ “stealth” bomber the Russians say they’re making, but almost certainly won’t actually produce
No this is a King James version fighter jet.
I mean, it looks pretty cool tho...
Religion + Weapons = Bad Idea
DISAGREE
Oil is the religion
Recite with me the sacred texts
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GIMME FIRE
GIMME THAT WHICH I DESIRE
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That is a completely made up number.
The corporation of the Mormon church does have absurd wealth and resources, tons of real estate, investments, etc, but estimates say it is worth between 100-300 billion in worth.
That's a lot, but definitely not trillions lol
These would cover more ground than bicycles
You shut your whore mouth; bicycles are awesome!
Its also factually incorrect, jet fighters fly in the air, they don't go on the ground
Um, they have tires. They can obviously be driven on streets. Can't use HOV lanes though.
Well there are special provisions for vehicles where all the seats are full, so they probably can
Yup, motorcycles are allowed in HOV lanes, and I assume trikes are as well. A fighter jet is just a trike with wings and a lot of weaponry.
Source?
Voices in OP's head, I'd wager
Good for meme
Am i supposed to know every weird sect on the world?
Or fund medics and veteran rehabilitation and move the surplus to weapons, for a guilt-free donation