What business does the Mormon Church own?
William Jenkins
Updated on January 05, 2026
Bonneville International Corp. listen)) is a management and holding company of for-profit businesses owned by The Church of Jesus Christ of Latter-day Saints (LDS Church).
What grocery stores are owned by the Mormon Church?
The Church of Jesus Christ of Latter-day Saints does not own any grocery store and is not listed among the top shareholders of the company. Albertsons is owned by the private equity firm Cerberus Capital Management. Churches cannot directly own companies, seeing as they are not-for-profit organizations.
Which church is the richest?
Religious organizations
| Organization | Worth (billion USD) | Country |
|---|---|---|
| The Vatican (part of the Catholic Church) | 4.0 | worldwide |
| Opus Dei (part of the Catholic Church) | 2.0 | worldwide |
| Catholic Church in the Philippines | 2.0 | Philippines |
| Church of Scientology | 2.0 | United States |
Do Mormons own Pepsi?
The Mormon church does have stock in various companies though. This report also confirmed that the church does not have any stock in Coca-cola, Pepsi-cola, or Starbucks. The Mormon church states on its website that they do not hold stock in companies that go against the tenets of their faith.
Is the Marriott owned by the Mormon church?
Marriott, whose namesake founding family is active in the Mormon church, has been putting the Bible and the Book of Mormon in its rooms since opening its first hotel in the late 1950s. Like most major chains, Marriott doesn’t own the majority of its hotels.
Are there any Mormons who own PepsiCo?
That too is untrue: Like Coca-Cola, PepsiCo is far too large for any group to possess outright. Underpinning this legend is the notion that Mormons are forbidden caffeinated beverages, thus how deliciously ironic it would be if the Church of Jesus Christ of Latter-day Saints quietly owned a company it raged against from the pulpit.
Is the Coca Cola Company owned by the Mormon Church?
Mormon Ownership of Coca-Cola. Mormons can swill Coca-Cola, eschew it and all other caffeinated beverages, or indulge in the occasional Coke and still be considered churchgoers in good standing.
What kind of businesses are owned by Mormons?
10 power-house businesses owned by Mormons. 1 1. JetBlue. Mormon David Neeleman founded JetBlue in 1999, though it was called “NewAir” at the time. He is no longer the CEO of the company, but 2 2. Marriott International, Inc. 3 3. WordPerfect Corporation. 4 4. 1-800-Contacts. 5 5. Bain Capital.
