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Deseret Ranches in St. Cloud, Florida. 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 ...
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]
The Church of Jesus Christ of Latter-day Saints paid $174.3 million for warehouses at Beacon Logistics Park in Hialeah at 4120 and 4220 West 91st Place on Friday, January 5, 2024.
In 2013, the LDS Church purchased 382,834 acres from St. Joe Company in Bay, Calhoun, Franklin, Gadsden, Gulf, Jefferson, Leon, Liberty and Wakulla counties. [15] The land, primarily timberland, was purchased for $565 million. [17] [18] The LDS Church is now Florida's largest private landowner. [19]
The biggest industrial real estate purchase last year in Florida’s Miami-Dade County, totaling $174.3 million, was made by the Mormon Church.
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 ...
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]
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]
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