How the Mormon Church Built a $293 Billion Empire? And Where the Money Goes? #mormonism #LDS

How did a church with 17.5 million members build a $293 billion empire—and where does all that money actually go? The Church of Jesus Christ of Latter-day Saints—the Mormons—is one of the wealthiest religious organizations on the planet, with assets exceeding the GDP of some countries . In this deep dive, we break down exactly how the Mormon Church amassed this staggering fortune, where the money comes from, and where it's invested. In Part One of our Mormon Church Investigative Series, we'll cover:" 💰 The Tithing Engine: Members are required to pay 10% of their gross income to the church—generating an estimated $6-8 billion annually in tithes and offerings 📈 The Investment Empire: Ensign Peak Advisors manages a portfolio now worth over $60.9 billion**, with total investments estimated at **$206 billion 🏢 The Business Empire: Deseret Management Corporation controls radio stations, publishing companies, insurance firms, and real estate holdings across the globe ⚖️ The SEC Scandal: In 2023, the church was fined **$5 million** for using **13 shell LLCs** to hide the true size of its $32 billion portfolio from regulators 🏬 The City Creek Controversy: Did tithing funds build a $1.5 billion luxury shopping mall? We examine the evidence and the lawsuits So is this a church that happens to have money—or a financial empire that happens to have a religion? 🤔 Watch to the end to decide for yourself. 📖 Chapters 00:42 Chapter 1: The $293 Billion Question 02:08 Chapter 2: Where Does the Money Come From? 06:09 Chapter 3: The Investment Machine (The Crown Jewel) 08:10 Chapter 4: The Business Empire & The City Creek Mall 10:12 Chapter 5: The Controversies 12:33 Conclusion: Church or Financial Empire? ✏️ Download free PDF summary of this video here: https://faithfulsketches.com/ Mormon Church Investigative Series: ▶️ Part 2 - Mormon vs Christian – 5 Shocking Differences (Coming soon in Jul) ▶️ Part 3 - Cult or Religion? The Truth About the Mormon Church (Coming soon in Jul) ▶️ Part 4 - The Dark History of the Mormon Church (Coming soon in Jul) More Videos like this: ▶️ Are Seventh-day Adventists Actually Christian? What Do SDAs Believe? https://youtu.be/sDdZ4WtADG0 ▶️ The Hidden Truth About Jehovah's Witnesses: How The Watchtower Controls Its Members https://youtu.be/kGqzR9KhnMg ▶️ Jehovah’s Witnesses Explained - What They Believe & What Set Them Apart https://youtu.be/sBHxrgNLK-I ▶️ Catholic vs Protestants vs Orthodox - What's the Actual difference? https://youtu.be/fgHbBQTCKsQ ▶️ Why Did Jews Reject Jesus As The Messiah? What Does Jews Really Believe? https://youtu.be/8j6jZzBsL0w ▶️ Calvinism Vs Arminianism EXPLAINED - God’s Sovereignty Vs Free Will https://youtu.be/T_M1KDxk5Is See Full List of Bible explainer videos here: https://www.youtube.com/@TheFaithfulSketches 🔔 Subscribe for more deep dives into the hidden histories of powerful institutions. #MormonChurch #LDSChurch #Mormonism #christiandenomination