Spyke

Syndicated from the fediverse. Read and engage on the original instance.

View original on lemmy.world

49 replies

programming.dev

$8.3 trlllion in wealth

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

78
Foresterreply
yiffit.net

No clue. I'm seeing closer to 300 billion sited.

46

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.

29

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

18
Ummdustryreply
sh.itjust.works

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?

6
lemmy.world

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.

10

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.

4

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.

2

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.

6

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

5
ttrpg.network

Okay, so I’m not a big fan of the LDS church, but can we talk about how unironically hard that Hornet regalia goes?

49
Obireply
sopuli.xyz

Right, just change the church specific stuff to random shit and I'm 100% sold.

6
lemmy.world

I would have thought the jet in the picture was a Mexican Cartel jet.

5
psmgxreply
lemmy.world

trusting the OPA to build you a spaceship

What did they expect?

18
lemmy.dbzer0.com

A good Mornon would say "Fudge you." You ain't gonna get a recommend from your Stake President if you use language like that.

Don't forget to pay your tithing and fast offerings!

10
lemmy.world

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

18
Agent641reply
lemmy.world

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:

18

Looks like the new wish.com-lookin’ “stealth” bomber the Russians say they’re making, but almost certainly won’t actually produce

7

Recite with me the sacred texts

GIMME FUEL
GIMME FIRE
GIMME THAT WHICH I DESIRE

10
0opsreply

WEEEE WILL FIGHT THE HEATHENS! WEEEE WILL FIGHT THE HEATHENS!

2
lemmy.world

These would cover more ground than bicycles

You shut your whore mouth; bicycles are awesome!

11
lemmy.world

Its also factually incorrect, jet fighters fly in the air, they don't go on the ground

7
lemmy.dbzer0.com

Um, they have tires. They can obviously be driven on streets. Can't use HOV lanes though.

2
zorroreply
lemmy.world

Well there are special provisions for vehicles where all the seats are full, so they probably can

4

Yup, motorcycles are allowed in HOV lanes, and I assume trikes are as well. A fighter jet is just a trike with wings and a lot of weaponry.

3

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

11

They be saving up to build a big ass ship out at Tycho, I've seen it.

5

Or fund medics and veteran rehabilitation and move the surplus to weapons, for a guilt-free donation

1