• Pyro@programming.dev
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    21 days ago

    $8.3 trlllion in wealth

    That is like 10 times the US yearly military budget. Where are you getting these numbers from?

      • The_v@lemmy.world
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        21 days ago

        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.

    • thefartographer@lemm.ee
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      21 days ago

      I think they messed up their decimal point. I just made a modest donation, so they should have around $83 Trillion

    • Ummdustry@sh.itjust.works
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      21 days ago

      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?

      • HeyThisIsntTheYMCA@lemmy.world
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        21 days ago

        That 17 million is a vast overestimation of their worldwide attendance. Real numbers, based off of cellphone data, are closer to 4 million.

      • nBodyProblem@lemmy.world
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        21 days ago

        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.

        • GenosseFlosse@feddit.org
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          21 days ago

          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.

        • Corkyskog@sh.itjust.works
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          21 days ago

          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.

      • Unboxious@ani.social
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        21 days ago

        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.

  • Ste41th@lemmy.ml
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    21 days ago

    “In the name of god”

    Fires sidewinder at target

    “Fuck you”

    Target blows up

  • grue@lemmy.world
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    21 days ago

    These would cover more ground than bicycles

    You shut your whore mouth; bicycles are awesome!

  • figaro@lemdro.id
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    20 days ago

    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

  • wunami@lemmy.world
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    21 days ago

    Wouldn’t biblically accurate fighter jets have 6 wings or something like that?

    • Agent641@lemmy.worldOP
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      21 days ago

      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: