Posted by:
summer
(
)
Date: April 10, 2021 11:47AM
>> Because I am a Lazy Learner I read the article on the Church in a Business magazine this past week, and how much money the Church made this past year on one stock. $300 million just on one stock.
What stock, if I may ask?
I'm looking at an article from a year ago. At that point in time, Ensign Peak Advisors had $930 million dollars invested in Google, and $855 million in Amazon. Plus there was $1.5 billion dollars invested in both Apple and Microsoft.
https://abcnews.go.com/US/wireStory/report-mormon-church-investment-fund-38-billion-69456874That is just a shocking amount of money invested in private industry by a church.