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The Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" church) owns a holding company called "Deseret Management Corporation". This corporation oversees all of the Church's for-profit interests which are:

Deseret NewsMedia (radio, television, print and online-media in the Salt Lake City area, mostly KSL broadcasting and the Deseret News)

Deseret Book (religious book and gift store)

Temple Square Hospitality (reception centers and restaurants in Salt Lake City)

and a handful of apartments and office spaces in downtown Salt Lake City

The Church also owns three universities (in Utah, Idaho, and Hawaii) and a private high school in Tonga.

The Church's charitable (not-for-profit) businesses are:

Deseret Industries (a thrift store)

Bishop's Storehouse (provides free groceries for the poor and supplies for local disasters and emergencies)

various food production facilities such as ranches, crops, and orchards to supply the Bishop's Storehouse, LDS Charities, and LDS Humanitarian Services.

Various other well-known businesses are owned by members of the Church (or have Mormon CEO's). The businesses themselves are not associated with the Church in any way, but individual members own or operate them. These include:

Marriot Hotels

Black and Decker

SkyWest Airlines

Fisher-Price

LaQuinta Hotels

1-800 Contacts

Franklin Covey

Huntsman Chemical

Oakley

Knight Transportation

NuSkin International

JetBlue

Novell

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14y ago
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16y ago

Zero. There are no fortune 500 Corporations owned by the Church of Jesus Christ Of latter day saints.

There are several Owned by Members of the LDS church.

Chick-fil-a for example.

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15y ago

The Church of Jesus Christ of Latter Day Saints (commonly called "Mormons") holds it's for-profit assets under the Deseret Management Corporation (DMC). These business subsidiaries are:

Beneficial Financial Group (insurance, investment, and retirement services)

Bonneville International Corporation (radio and television stations)

Deseret Book (publisher and book store)

Deseret Morning News (2nd largest newspaper in Utah)

Hawaii Reserves (commercial and residential properties in Laie, Hawaii)

Temple Square Hospitality (restauraunts and reception centers in Salt Lake City)

Zions Securities (real estate - apartments and commerical property in Salt Lake City) Their website is: http://www.deseretmanagement.com/

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10y ago

The Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" church) operates the "Deseret Holding Corporation." This holding corporation oversees the following companies:

KSL/Deseret News: A television, radio, internet, and print news source based in Salt Lake City

Deseret Book: A Latter-day Saint themed religious book and media store.

Temple Square Hospitality: A group of restaurants, reception centers, and hotels around Church Headquarters in Salt Lake City.

Beneficial Financial Group: a retirement fund and life insurance company

The Church also owns and operates several historic sites, visitors centers, and tourist attractions around the world.

While the Church itself owns these companies, Church members own or operate many prominent companies. These people include:

Nolan Archibald, CEO of Black & Decker

Jerry and Ralph Atkin, Founder and CEO of SkyWest Airlines

Francis Cash, CEO of LaQuinta Hotels

Johnathan Coon, President of 1-800 Contacts

Stephen R. Covey, Chairman of Franklin Covey

Gary Crittenden, CEO of American Express

Jon Huntsman, CEO of Huntsman Chemical and Huntsman Cancer Institute

Jim Jannard, CEO of Oakley

Brett Keller, CMO of Priceline.com

J. and Richard Marriott, Founder and Chairman of Marriott Hotels

Dimon McPherson, CEO of Nationwide Insurance

David Neeleman, CEO of JetBlue Airlines

Stewart Nelson and Ray Noorda, CEO and COO of Novell

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12y ago

Yes. Mormons are quite often known for their entrepreneurial spirit and many Mormons own their own companies. Utah has the highest percentage of Mormons and also one of the highest percentages of start-up companies and small businesses.

The Church itself owns very few for-profit companies. These include Deseret Book (a religious book store) and Deseret Management Corporation (a real estate and property management group).

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12y ago

There are over 14 million Mormons around the world. It would be impossible to list all the companies owned by individual Mormons around the world, because it would amount to tens of thousands of companies. Mormons are not required to reveal their religion when they legally register their company, nor does the church keep track of the companies owned by it's members.

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Q: What businesses do Mormons own?
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