TIL that the Mormons have one fund worth over $100 billion
TIL that the Mormons have one fund worth over $100 billion
www.sltrib.com
LDS Church kept the lid on its $100B fund for fear tithing receipts would fall, account boss tells Wall Street Journal
Latter-day Saint officials kept the size of the church’s $100 billion investment reserves secret for fear that public knowledge of the fund’s wealth might discourage members from paying tithing, accor...
They are required to talk about anything over $100 million but they "didn't want people to be discouraged about tithing to them."
I was looking up if they owned any Pepsi stock still and apparently if they do, they're not talking about that either.