Faith & Spirituality
Mormon Church Will Hit One Trillion Dollars in Assets Within 15 Years
Danny Jones Podcast
#408 - Trump’s Pastor & Vatican’s Most Evil Crime in History | Nathan Apffel
"The Mormon Church is worth $300 billion, probably closer to $350 now. They'll hit a trillion dollars in market assets in the next 15 years. The Mormon Church made $25 billion in profits in the market last year. And guess what? That is untaxed because they're a church. They gave away $400 million to humanitarian aid. That's 2% of their profits."
Nathan projected the LDS Church will become a trillion-dollar entity by 2040 based on its current $350 billion in tax-exempt assets and $25 billion in annual market profits. Despite demanding 10% tithes from members, the church donated only 2% of profits to charity in the most recent year, he claimed.
From this episode
Danny Jones Podcast