The Mormon Church’s secret $100bn investment fund
Recently, it was revealed that The Mormon Church - aka Church of Jesus Christ of Latter-Day Saints - had a secret $100 billion investment portfolio.
That headline caught our attention, because it sparked so many questions: How do you keep $100 billion dollars a secret? Why did it need to be secret in the first place? How does the church amass so much money? Do all churches have that much money?
Today Sascha and Alec understand more about the Mormon Church’s $100 billion portfolio.
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In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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