what companies does the mormon church own what companies does the mormon church own

[Read more: After exposing LDS Church wealth, apostle pay and abuse allegations, the nonprofit is shutting down. Nothing new or original. When staying in a Marriott in Paris several years ago we channel surfed into very offensive pornographic programming. Paganost that use christian label. Here are 10 power-house businesses owned, founded or headed by LDS people. These holdings are heavy in metro regions throughout the rapidly growing South and West just as the U.S. economy is primed with high demand for new homebuilding. The Mormon Churchs investment fund has a $413 million stake in Merck & Co., Inc. (NYSE:MRK), one of the most notable pharmaceutical companies in the world. In early 2021, the churchs largest investment fund in Lake City expanded by $2.4 billion. As of June, the fund's shares in five Big Tech companies Apple, Microsoft, Google, Amazon and Facebook were worth nearly $9 billion, or 18% of its total value. 177 funds in our database reported having stakes in Meta Platforms, Inc. (NASDAQ:META) at the end of September last year, compared to 185 funds at the end of the second quarter. (J. Matt | Special to The Tribune) Property owned by The Church of Jesus Christ of Latter-day Saints in Laie, Hawaii, clockwise from top: The Laie Hawaii Temple; the campus of BYU-Hawaii; a shopping center on Kamehameha Highway; and the Polynesian Cultural Center. Still, the sheer scope of church-held domestic real estate yields mind-stretching numbers. We all have something valuable to give, nest ce-pas? The LDS Church 42-acre Polynesian Cultural Center on Oahu, Hawaii, features daily luaus (except on Sunday), an Island Buffet, seven simulated Polynesian villages, Samoan tree-climbing lessons, Tahitian spear-throwing lessons, and more. Again, I say thank you and I plan on living up to mine. While the governing First Presidency has said the church takes seriously the responsibility to care for the tithes and donations received from members and has insisted it complies with all applicable law governing our donations, investments, taxes and reserves, the faith discloses little about its extensive financial activities. He and his wife, Margaret, have seven sons and one daughter. Located in Hawaii, the cultural center is a family museum and a cultural tourist attraction. The company isa global alternative investment firm thatspecializes in private equity, venture capital and other areas and manages more than$75 billion today. `. This March, the LDS Church opened a megamall across the street from its neo-Gothic temple in Salt Lake City. Do Mormons own Jet Blue? Although by the way he practices business and treats family youd never guess it. When he became president and CEO in 1986, he was the youngest CEO of a Fortune 500 Company at age 42. This includes, he added, providing for the welfare and humanitarian operations of the church; providing for religious worship (chapels, temples, missionary offices, educational centers and efforts and more); and preserving a sacred religious site or its surroundings and enhancing the character of the local community., Andersen said the global church follows the Saviors teaching that we should be good and faithful stewards over the sacred donations that come from his followers (Matthew 25:14-21). Glenn Beck does much good. Real Estate. Found in the churchs portfolio along with the expected meetinghouses and temples are office towers, shopping centers, residential skyscrapers, cattle ranches and high-mountain timberlands worth hundreds of millions of dollars. And if anyone would choose to look at employees statistics on any of these companies it would easily proved. City Creek Center. Dont you have some LuLaRoe outfits to go corrdinate>. I was born into the Mormon Church. The next two biggest sectors were health care, including Johnson & Johnson and Merck stocks; and financial services stocks such as Bank of America and Berkshire Hathaway. He is currently serving as president of the Provo Utah Temple. Wrong. Though some of the food is sold commercially, its unknown just how much of the production is income-generating and how much goes toward the churchs far-reaching humanitarian operations and support for members worldwide. As of the end of the September quarter, 88 hedge funds in our database reported having stakes in Tesla Inc. (NASDAQ:TSLA), compared to 73 funds in the previous quarter. Real estate prized alongside entrepreneurialism by church leaders as a means of expansion since the days of early founder Joseph Smith and pioneer-prophet Brigham Young has now blossomed into a multibillion-dollar affair, spanning continents. However, at his peek he was worth close to 15 billion. Thus, it was only natural for LDS to start working in the casinos when gambling was legalized and that never, as far as we know, caused a problem with church authorities. HELP THESE PEOPLE STOP THINKING ABOUT YOUR OWN POCKETS. On the other hand, Deseret News and the City Creek shopping center in downtown Salt Lake City are for-profitbusiness both owned and operated by Corporation of the Presiding Bishop, the business division of the Church of Jesus Christ of Latter-day Saints. GET OVER YOUR SELF. Certainly he doesnt do all the work himself because he has hundreds of employees that he pays salaries to which is how companies work. Make your Inbox more interesting with Moroni Channel. The Mormon Churchs fund has a $522 million stake in Walmart Inc. (NYSE:WMT), one of the most stable companies out there. Huntsman, who has served as an area seventy and president of the Washington, D.C., Mission, is currently executive chairman of the company, which did$12.723 billion in revenue in 2014. Information shared are subject to our Privacy Policy. There is no "the Mormon Church" and never has been. He entered a Business Plan Competition hosted by the Marriott School of Management in 1995 and won money to help him grow his business. The churchs legacy in the Beehive State has given it somewhere around $5.3 billion yes, a third of the overall value in the database in land across the state, including at least $3 billion in property stretching from Ogden to Provo. Thermo Fisher has been increasing its dividends consistently for the last 5 years now. Lucrative office buildings also abound, including a $106 million complex in the Dallas Fort-Worth area that one of the churchs property arms leases to aerospace and defense firm Raytheon. Looking at the Great Recession which began at year-end 2007 and lasted to mid-year 2009 is helpful too. And that doesnt even begin to include all the charitable endeavors he orchestrates or his tireless efforts to try to unify all Christian faiths to come together in a common cause to save our country and turn hearts back to God. Wonder if he paid the Church for using its materials for making money? (Jeremy Harmon | The Salt Lake Tribune) The Philadelphia Pennsylvania Temple is seen in the distance behind a new housing development built by The Church of Jesus Christ of Latter-day Saints in 2016. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. The Mormon Global Business Empire Holy Holdings. USUs Mason said investing in land fits the churchs conservative buy-and-hold values in protecting its investments born of the churchs financial difficulties in the 1950s and 60s. 322166814/www.reference.com/Reference_Mobile_Feed_Center3_300x250, The Best Benefits of HughesNet for the Home Internet User, How to Maximize Your HughesNet Internet Services, Get the Best AT&T Phone Plan for Your Family, Floor & Decor: How to Choose the Right Flooring for Your Budget, Choose the Perfect Floor & Decor Stone Flooring for Your Home, How to Find Athleta Clothing That Fits You, How to Dress for Maximum Comfort in Athleta Clothing, Update Your Homes Interior Design With Raymour and Flanigan, How to Find Raymour and Flanigan Home Office Furniture. Is Utah Valley State a Mormon? The Mormon church, as an entity, owns a surprising amount of stocks and shares in several companies; in fact, their portfolio is estimated to be worth billions of dollars as of 2020. Real Estate. Each Marriott hotel room has a Bible as well as a copy of The Book of Mormon, and in 2011, the company announced that pornography would not be offered as entertainment in new hotel rooms. Bonneville International Corp. is the churchs broadcasting company, and it has about 10 radio stations, as of 2015, that it owns and operates in Salt Lake City, Los Angeles, Seattle and Phoenix. I believe that all these amazing companies begun and developed by Mormons simply fulfills the covenant given to Abraham that through the House of Israel (who Mormons are), the inhabitants of the world would be blessed. 2022 was one of the worst years for Meta Platforms, Inc. (NASDAQ:META). Did the Utah Legislature do enough to save the Great Salt Lake? he was known to sit on the back row of his companys planes, The Church of Jesus Christ of Latter-day Saints, Bonneville International Media holding company. This latest cache of data captured in 2020 and released Tuesday by the Truth & Transparency Foundation (formerly known as MormonLeaks) reveals a nearly 16,000-parcel collection of 1.7 million acres held by identified LDS Church firms. 1-800-Contacts began when Jonathan C. Coon, an advertising and public relations student at BYU, created a small business selling contact lenses to his fellow students. 1841. All you do is treat them like CRAP. Or Garrett Gee the founder of Scan. In 2019, David A. Nielsen, a former employee of Ensign Peak Advisors, approached the Internal Revenue Service (IRS) with a complaint, according to a 2020 Wall Street Journal report. He is the brains behind The Blaze. GME Stock Split in 2023 [Things You Need to Know], Shopify Stock Split in 2023 [Everything You Need to Know], Publix Stock Split in 2023 [Things You Need to Know]. The makeover has revived an area in desperate need of a boost. It was so well attended that they ran out of food for the participants! With an over 4% dividend yield, COP is a solid dividend payer, which also increased its payout in November last year. I know first hand, I have lived in Utah (thanks to my parents) all my life as a Non-Mormon and have felt the sting of religious discrimination my entire life here. It is Utahs oldest continuously published daily newspaper and has the largest Sunday circulation in the state and the second largest daily circulation behindThe Salt Lake Tribune. The company is a global alternative investment firm that specializes in private equity, venture capital and other areas and manages more than $75 billion today. TheDeseret Newsis a newspaper published inSalt Lake City,Utah,United States. 1. "If it goes up, I'll short more," Miller added. I agree with D. Schone these are well known. It was initially meant to fly businessmen from St. George to Salt Lake City, and after some struggles, the company expanded across the western United States. Not so for $2.8 billion or so labeled on this list assessed as commercial properties. Agriculture. Mormon Nolan D. Archibald is a well-known business man who served as chairman of the board, president, and CEOof Black & Decker. Ensign Peak has a $416 million stake in Texas-based petroleum refining giant ConocoPhillips (NYSE:COP). Orson Hyde [1] A British church member named James Howells preached in Germany in 1840, but he was not an official missionary of the church. Moroni Channel is an independent media based in the United States of America. And giving back to communities around the world. As of the end of the third quarter, 92 hedge funds tracked by Insider Monkey reported having stakes in Thermo Fisher Scientific Inc. (NYSE:TMO). I sure hope this comment is facetious in nature! Outside the contiguous U.S., the tally confirms the lucrative value of church properties in Honolulu as well as around Brigham Young University-Hawaii and the Polynesian Cultural Center, both in Laie. Mormons are a religious and cultural group related to Mormonism, the principal branch of the Latter Day Saint movement started by Joseph Smith in upstate New York during the 1820s. They also emanate from Utah into neighboring states all part of the so-called Jell-O Belt and across the U.S. interior. The church owned 15 hospitals, but Intermountain Health took over those hospitals in 1974. deductible, Report a missed paper by emailingsubscribe@sltrib.comor calling801-237-2900, For e-edition questions or comments, contact customer support801-237-2900or emailsubscribe@sltrib.com. There are 8,590 companies in the The Church of Jesus Christ of Latter-Day Saints corporate family. In 2012, the company did over $2.1 billion in revenue. Glen Beck is an entertainer. And this tally excludes huge church landholdings internationally. FREE FOR THE REST OF THEIR LIVES. Mormons are obliged to give 10% of their yearly income to the church, which then passes any donations surplus to it budgetary needs to Ensign, the newspaper said. In 2020 it managed about $100 billion in assets. The Coca-Cola Company owns Coca-Cola. SkyWest Airlines was created when Mormon Ralph Atkin, a lawyer in St. George, Utah, purchased Dixie Airlines in 1972. I applaud all who, wealthy, indigent, or somewhere in between, use their abilities and resources to build up and expand Zion, to respond to our Lords mandate to relieve suffering, or just plain make the world a better placeone smile, hug, laugh, dance, artwork, ear-bending, walk, ride, treatment, repair, or kindness at a time. Generally, businesses that serve the church or its members directly for religious or service purposes are non-profit companies. Deseret is the oldest publishing newspaper in Salt Lake City, Utah. Where does the Mormon Church own land in the world? The database details a total of at least 181,000 acres in empty residential lands and vacant farmlands in larger and rapidly growing metro areas, places such as Tulsa, Okla.; Kansas City, Mo. Ive gone to church off and on through the years. All rights reserved. It seems like it is saying we used to allow pornography, but now we dont? Summary: Companies owned by Mormon Church: ; JetBlue Airways, Airlines ; SkyWest Airlines, Airlines ; Black and Decker Corporation, Manufacturing Company ; Marriott Hotels 3.10 Powerhouse Businesses Owned by Mormons - LDS Living Author: www.ldsliving.com Post date: 12 yesterday Rating: 2 (939 reviews) Highest rating: 3 Low rated: 2 Summary: On one occasion, the Church stated . You can do better. The LDS Church operates a welfare distribution system, as it encourages members to seek financial assistance from family and the church first before seeking public or state-sponsored welfare. I boycott ALL Mormon associated companies. Today, it has a fleet of 341 aircraft that fly to 189 destinations. He has given millions to the church. From an humble start in 2008 to now, they have surpassed 1 billon on sales, no sales direct company has accomplished such success. Bonneville Distribution Distribution for TV & radio stations that broadcast Mormon Tabernacle Choir and LDS General Conference, Deseret Digital Media Website management company, Deseret News Publishing News publishing company, Deseret Book Co. Religious goods retailer and distributor, The Pacific Business News News outlet servicing Hawaii, Hawaii Reserves Hawaii real estate holding company, Laie Water Company Provides water to all of Laie, Laie Shopping Center 72,000 square feet of shopping and services, Many other commercial & residential properties, Property Reserve Inc Real estate holding company, Utah Property Management Associates Real estate management company, Beneficial Tower 20 story office building, World Trade Center 366,696 square foot office building, Deseret News Building 9 story office building, Eagle Gate Plaza 11 story office and parking structure, Key Bank Tower 27 floor office building, Social Hall Plaza 6 floor office building, Triad Tower 3 buildings totaling 48,502 square feet, Zions Bank Building 18 floor commercial office building, 139 E South Temple 38,192 square foot office building, JC Penney Building 15 floor commercial office building, Ensign Plaza South 75,000 office building in Ogden Utah, Regent Street 47,970 square foot office building, Orpheum Office Plaza 24.682 square foot office building, McIntyre Building 11,065 square foot office building, Gateway Tower West 19 floor commercial building, 40 East 100 South 37,089 square foot office building, Deseret Book Building 48,612 square foot office building, Brigham Apartments Apartment building in downtown Salt Lake, Colonial Court Apartments Apartment building in Ogden Utah, City Creek Landing Apartment building in downtown Salt Lake, West Temple Apartments 8 story apartment building in downtown Salt Lake, Garden Apartments Apartment building in downtown Salt Lake, First Avenue Apartments Apartments in Salt Lake City, City Creek Center 700,000 square foot mall in downtown Salt Lake, Lake Park Corporate Centre 260 acrea mixed use development, Highbury at Lake Park Mixed use development in West Valley, Utah, 1600 Vine Street Complex Mixed use development in Philadelphia, Pennsylvania, Temple Square Hospitality (Catering Company), Beneficial Financial Group (Insurance and Financial Services Company). "Who owns LDS hospital." This is why LDS hospital didn't get included in the great renaming project since the church doesn't own it now. Ensign employs 70 employees. The database documents farm holdings worth at least $2.3 billion, with notably huge sections of it in Nebraska, rural Montana, Florida, Texas and Utah. God rewards faithfulness to His commandments with peace of mind and eternal life. However, the company recently said that its profits in Q4 were expected to take a hit due to lower prices. The Church of Jesus Christ of Latter-day Saints owns the Deseret Management Corp., which is the churchs holding company with such diverse businesses in its portfolio as a publishing company, a TV station, a newspaper and radio stations. This additive occurs naturally, it is truebut never in food. He is much more than an entertainer. Seems like his topics were taken right out of the Book of Mormon or other Mormon canon. Ensign Peak Advisors has a $569 million stake in Tesla Inc. (NASDAQ:TSLA). Answer (1 of 3): Churches do not own companies. Eighty percent of UVU students are Mormon. Businesses That Are Owned By Latter-day Saints And The Church JetBlue Airways. Check your inbox or spam folder to confirm your subscription. Affiliated with the Church, Hawaii Reserves manages property for the church over 7000 acres in the town, Laie. Ensign Peak Advisors had a $40 billion stock portfolio at the end of 2019, SEC filings show. Since 1894, the LDS church has sent representatives around the world to collect records from churches, governments, libraries, and more. (Leah Hogsten | The Salt Lake Tribune) A new office skyscraper, with a meetinghouse in the lower levels, located at 95 State St. is nearing completion, March 25, 2022. The Church of Jesus Christ of Latter-day Saints does not appear on the list of Coca-Cola's top institutional stockholders. As a result, over the last century Mormons have become experts in digital data storage and an important research population for geneticists. During the same month, Thermo Fisher Scientific Inc. (NYSE:TMO) declared a quarterly dividend of $0.30/share. There is no other financial law like it. Church companies such as Property Reserve, Suburban Land Reserve and Farmland Reserve are sitting on large tracts of developable land in a host of American suburbs. In 2020 it managed about $100 billion in assets. There is also another up-and-coming company called LulaRoe. JPMorgan Chase & Co. (NYSE:JPM) is the most popular bank stock among elite hedge funds. The Church of Jesus Christ of Latter-day Saints owns the Deseret Management Corp., which is the church's holding company with such diverse businesses in its portfolio as a publishing company, a TV station, a newspaper and radio stations. Good job for these people and I know others small but very good companies and good products like Do Terra oils. You forgot InstaFire. The working ranch included 12,000 acres of potato, onion and cattle lands as well as valuable water rights. (NASDAQ: ZION), one of the nation's premier financial services companies, with total assets exceeding $65 billion. ToMessenger, NO DOTERRA does NOT us GMOs, you are a liarunless you can prove it, stop spreading lies. If you include Glen Beck, you should include the Osmonds. It. Ensign didn't immediately respond to a request for comment from Business Insider. Headline news and op-eds delivered to your inbox weekly. AND THESE YOUNG BOYS, HELP THE AS WELL. Exxon Mobil Corporation (NYSE:XOM) is a part of the Dividend Aristocrats group, a set of companies who have increased their dividends consistently for the past 25 years. The Mormon Churchs biggest positions also include Americas biggest bank. What assets does the Mormon Church own? Thermo Fisher Scientific operates in four segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics and Laboratory Product and Biopharma Services. It is good to be learned (and wealthy) when we give heed to the counsels of God. Seriously!!! President Gordon B. Hinckley explained it best when he said, We have a few income-producing business properties, but the return from these would keep the Church going only for a very short time. As a part of the Mormon Churchs holdings, Beehive Clothing produces huge sums because of its clothing line. The continental breadth of the faiths holdings is also astounding. Ive been told different things in the past few years regarding the Mormon Church and I didnt really believe them. JetBlue Airways JetBlue is America's seventh-largest airline, particularly classified as one of the major low-budget airlines in the country. DOTERRA SHOULD HAVE been on the listIt a remarkable company whose mission is help others be healthier and wealthier using therapeutic grade essential oils. Members of The Church of Jesus Christ of Latter-day Saints are known for being honest, philanthropic, goal-driven, successful people a perfect combination for business success. AgReserves Inc., Deseret Cattle and Citrus Ranch, and Farmland Reserve, Inc. are part of its welfare distribution system.Welfare resources are distributed by local bishops but maintained by the Presiding . Its Eastern holdings sweep down into Key West on the southernmost tip of Florida one of three states (besides Utah and California) on this list with at least $1 billion in church-owned land. Media. But in the last few years Ive been going all the time. Mormon in America: JetBlue founder on going from missionary to entrepreneur. The faith is now Floridas biggest landowner, controlling well above 2% of its landmass, including an enormous collection of pasturelands outside resort-rich Orlando called Deseret Ranches and a recently acquired expanse of hundreds of thousands of forested acres in the Panhandle. Moroni Channel is an independent media based in the United States of America. Read More: What companies does George Soros Own? There also are hundreds of exhibition halls, libraries, museums, schools, family centers and other sites ancillary to the faith. I met him once up by Strawberry. It eschews businesses that Mormons find objectionable, The Wall Street Journal reported this month, which likely explains why it isn't an investor in tobacco titan Philip Morris, gambling giant Caesars Entertainment, or caffeine sellers such as Starbucks and Coca-Cola. Look what they are doing for the community of Hamilton Missouri. The Mormon church does have stock in various companies though. Harsh words are not becoming of you. ALDI and Trader Joe's don't share the same parent company, have no joint ownership, and are independently operated. So, does the Mormon church own any of Pepsi? I take the statement to mean that current and future contracts (with local owners) disallow pornography. SkyWest is a regional airline in North America with partners in some of the largest air networks such as Delta Airlines and Alaska Airlines. The Mormon Church holdings are in or are owned by the Church are as follows: JetBlue is Americas seventh-largest airline, particularly classified as one of the major low-budget airlines in the country. The new program will be in effect after the completion of Mastercard Incorporated (NYSE:MA)s existing $8 billion buyback program. A total of 68 hedge funds tracked by Insider Monkey reported having stakes in Walmart Inc. (NYSE:WMT) at the end of the third quarter. What companies do the LDS Church own? I have heard people criticize Stephen Covey for the same reasonsI dont like him cuz hes making millions by selling Book of Mormon ideas The way I see it whatever it takes to spread the message and help others be better, happier people makes the world a better place. Most of these everyone has heard of for years and years. Johnson & Johnson (NYSE:JNJ) is also one of the best dividend stocks to own. During this same period,Mastercards (NYSE:MA) earnings almost tripled. 1841. Aha! Agriculture. For example, Beehive Clothing (the company that makes garments and temple clothing) or Deseret Industries are non-profit organizations. Theyre entertainers too. They believe God and Jesus are united in their perfect love for us but that each is a distinct personage with His own perfect, glorified body of flesh and bone (see Doctrine and . Germany. He started The Blaze TV, News, and Radio Network from nothing and built it into a very powerful news and information network not to mention Mercury One which is the Charitable organization he started which raises millions of dollars annually for charitable needs around the world. This country needs more companies like the ones listed, based on honesty and integrity. Is entering a contest gambling? Mastercard Incorporated (NYSE:MA) shares have gained about 13% over the past six months. Generally, businesses that serve the church or its members directly for religious or service purposes are non-profit companies. Mormons, more properly referred to as Latter-day Saints or members of The Church of Jesus Christ of Latter-day Saints, worship God the Father and His Son Jesus Christ. Farms, ranches, pastures, orchards and other agricultural lands under church ownership stretch horizon to horizon, with tens of thousands of contiguous acres in many cases. Chad Pomeroy, a law professor at St. Marys University in San Antonio, wrote a 2019 article decrying a lack of financial transparency required of the church, given its tax-exempt status as a religion and a relative lack of financial reporting for all churches in the U.S. Read More: What companies does George Soros Own? Do Mormons drink Coke or Pepsi? They are doing the Lords will, are we? Theyre not just thinking about next year or five years from now. (J. Matt | Special to The Tribune) A Courtyard Marriott hotel in Laie, Hawaii, that is owned by The Church of Jesus Christ of Latter-day Saints, photographed Friday, April 1, 2022. Yes and Garry Young who founded Young Living Oils is also a Mormon. To GTRPLR, Walmart Inc. (NYSE:WMT) has increased its dividends consistently for the . McKnight and others believe even the market values in the database are low estimates and that U.S. church lands could be as high as $25 billion to $30 billion in value. Last month, investment firm Baird added Meta Platforms, Inc. (NASDAQ:META) in its top stock picks list for 2023. I encourage you to express your comments with kindness, even if you do not agree. Or was he merely spreading the Gospel while making millions doing it? She blogs at www.breannaolaveson.com. Bonneville Communications Full service marketing firm. (The Church of Jesus Christ of Latter-day Saints) Renovations to the temple in Mesa, Ariz., included a new visitors' center and residential/retail construction owned by the church, similar to Salt Lake City's City Creek Center, though on a smaller scale. After Smith's death in 1844, the movement split into several groups following different leaders; the majority followed Brigham Young, while smaller groups followed Joseph Smith III, Sidney Rigdon, and James Strang. Ensign employs 70 employees. Its holdings include acres assessed for use as island resorts, hotels, airports, golf courses, amusement parks, theaters, vineyards, warehouses, truck stations, funeral homes, health clubs, mines and cemeteries. 64% of the shares of Coca-cola are owned by over 1,400 different groups and individuals. The company has increased its payouts consistently for the past 60 years. One of the expensive Malls in America, City Creek Center is owned by The Church. Alan Ashton, a co-founder of the company, isa member of the LDS Church and a grandson of President David O. McKay. For nothing! I know everyone wants to make money but what the heck. This includes purchasing, holding and operating farms and other real estate properties as investments as a part of the churchs reserves.. It was established in 1966 by church president David O. McKay to hold already-existing church assets. Now I know whos been getting titanium dioxide into so many natural productscausing this consumer to stop buying or refuse to buy many products (and even turn down samples :/), e.g., Daiya shreds. Also, my brother in law, Todd Pedersen who started Vivint. Coke is a big company, and thus too big to be owned by a single person or entity. The estimated cost of the emporium, which features a retractable glass roof and fountains that spew choreographed bouts of water and fire, is $2 billion. You Mormons are something else arguing over all this.