Inside the Mormon Church’s Globe-Spanning Real-Estate Empire

The Mormon Church's vast real estate empire, fueled by a $100 billion investment portfolio, has allowed for the construction of over 100 temples worldwide.

Inside the Mormon Church’s Globe-Spanning Real-Estate Empire
  • The Church of Jesus Christ of Latter-day Saints has an estimated $100 billion investment portfolio.
  • The money has provided a financial foundation for constructing more than 100 temples worldwide.
  • The recently constructed temple in Pocatello, Idaho cost $69 million to build.
  • Some church members express discomfort with the church's accumulated wealth and limited financial disclosures.
  • The church's investment arm, Ensign Peak Advisors, settled with the SEC for obscuring investment holdings.
Inside the Mormon Church’s Globe-Spanning Real-Estate Empire
From Guam to Cape Verde, the Church of Jesus Christ of Latter-day Saints is using the financial cushion of its $100 billion investment portfolio to go on a temple-building spree