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AgReserves, Inc. (AgReserves) is a multinational agriculture for-profit company ultimately owned by the Church of Jesus Christ of Latter-day Saints (LDS Church) and based in Salt Lake City, Utah. It is speculated that AgReserves holds the "most valuable private real estate portfolio in the U.S." [ 1 ]
Deseret Management Corporation (DMC) (/ ˌ d ɛ z ə ˈ r ɛ t / ⓘ) [1] is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church). It was established in 1966 [2] by church president David O. McKay [3] to hold already-existing church media assets. [4]
Catholic Church in Australia: 23.25 Australia: Catholicism: Extrapolated figure from calculating assets and investments in the state of Victoria. [7] Seventh-day Adventist Church: 15.6 United States: Adventism: As of 1998. [8] Church of England: 13.84 United Kingdom: Anglican: Endowment funds. [9] Church of Sweden: 11.41 Sweden: Lutheran: FY2012.
The investment arm of the Mormon church revealed its stock holdings in a 13F filing last week. The church has amassed a portfolio of individual stocks worth $55 billion. A top AI stock is a new ...
This ranch, owned by The Church of Jesus Christ of Latter-day Saints (LDS Church), spreads over the three central Florida counties of Osceola, Orange, and Brevard. Covering almost 300,000 acres (1,200 km 2) of land, [3] [5] 90 ranchers and their families live on the ranch. The ranch maintains 44,000 head of beef cattle.
The company's first CEO, Clark Gilbert, [1] served from DDM's founding in 2009 until 2015 when he was named president of BYU-Idaho. [2] Gilbert later became an LDS Church general authority and as of 2024 continues to serve as the commissioner of the Church Educational System. [3] Greg Peterson was DDM's president from 2016 to 2021. [4]
The church has owned Deseret Ranches, a 290,000-acre cattle and citrus farm spanning three counties in Central Florida and located about 50 miles from Orlando International Airport, for over 60 years.
The LDS church’s investment branch, Property Reserve, purchased the 1.3-million-square-foot site from Codina Partners. It is not yet clear what the church plans to do with the massive property.