The Mormon Church Amassed $100 Billion. It Was the Best-Kept Secret in the Investment World. - News Summed Up

The Mormon Church Amassed $100 Billion. It Was the Best-Kept Secret in the Investment World.


Salt Lake CityFor more than half a century, the Mormon Church quietly built one of the world’s largest investment funds. Almost no one outside the church knew about it. Some of that mystery evaporated late last year when a former employee revealed in a whistleblower complaint with the Internal Revenue Service that the fund, called Ensign...


Source: Wall Street Journal February 08, 2020 04:52 UTC



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