The Mormons are known for their holy holdings in the US. Commonly titled as the “Church of Jesus Christ of Latter-day Saints,” the Mormons have business investments in radio stations, insurance businesses, cattle ranches, amongst many others. In early 2021, the church’s largest investment fund in Lake City expanded by $2.4 billion. In the meanwhile, the total value was calculated to be $46.5 billion.
Companies owned by Mormon Church:
The Mormon Church holdings are in or are owned by the Church are as follows:
|Black and Decker Corporation||Manufacturing Company|
|City Creek Centre||Mall|
|Polynesian Cultural Centre||Entertainment|
|The Pacific Business News||Media|
|Hawaii Reserves||Real Estate|
|Property Reserve Inc.||Real Estate|
|Johnson & Johnson||Healthcare|
|United Health||Healthcare and Insurance|
Top 20 Companies owned by Mormon Church:
1. JetBlue Airways
JetBlue is America’s seventh-largest airline, particularly classified as one of the major low-budget airlines in the country.
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2. SkyWest Airlines
SkyWest is a regional airline in North America with partners in some of the largest air networks such as Delta Airlines and Alaska Airlines.
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3. Black and Decker Corporation
It manufactures kitchen and home appliances, accessories, and hardware.
4. Marriott Hotels
Marriott International is a worldwide chain of hotels and resorts based in Maryland in 665 locations.
5. City Creek Centre
City Creek Centre comprises an open-air mall, residential buildings, offices, and simulated creeks. It’s in Salt Lake City, Utah.
6. Deseret News
Deseret is the oldest publishing newspaper in Salt Lake City, Utah. It is popular for its consistent Sunday editions.
7. Polynesian Cultural Centre
Located in Hawaii, the cultural center is a family museum and a cultural tourist attraction.
8. Beehive Clothing
As a part of the Mormon Church’s holdings, Beehive Clothing produces huge sums because of its clothing line.
9. Bonneville International
It’s owned by the church itself and is a media and broadcasting company. Earlier, it was just a TV and radio network but has grown since then.
10. The Pacific Business News
Also known as, ‘Honolulu,’ Pacific News broadcasts local news about Honolulu.
11. Hawaii Reserves
Affiliated with the Church, Hawaii Reserves manages property for the church over 7000 acres in the town, Laie.
12. Property Reserve Inc.
Its parent organization is the church, and it functions as a real estate company that overlooks leasing and management services.
Returns are seen through Microsoft’s production of computer software and electronics, and other related services.
As one of the largest technology companies, it manufactures computer electronics and software, with online services.
The alphabet was created when Google was restructured, making it the parent company of Google and its former subsidiaries.
Amazon’s the world’s largest technology company specializing in e-commerce, artificial intelligence, cloud computing, and digital streaming.
Intel manufactures semiconductor chips, microprocessors, and other computer processors.
18. Johnson & Johnson
It’s popular for its innovations in medical devices, pharmaceuticals, and other packaged goods for healthcare.
It’s a mediator of electronic transfer of funds visa debit, visa, and prepaid cards across the globe.
Formerly known as Facebook, it’s the parent company of Instagram, WhatsApp, amongst many others.
Does the Mormon Church own Costco?
The owner is Catholic and is not owned by an individual.
Does the Mormon Church own grocery stores?
No, it doesn’t.
Does the Church own Walmart?
It doesn’t own Walmart.
Does Mormon Church own Chick-Fil-A?
It’s owned by Christians, but not LSD.