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5 richest churches in the world
Aug 22, 2024
Here are the richest churches in the world:
There’s a saying, "as poor as a church rat," suggesting that churches were once associated with poverty, but that’s no longer the case.
There are many reasons why a church might become wealthy. For one, individual church members contribute funds, which the church then uses for investments that yield returns.
Additionally, churches are exempt from paying taxes, so they retain all gifts and endowments they receive.

Richest churches in the world

Commonly referred to as the LDS or Mormon Church, this is one of the wealthiest religious institutions in the world.
According to The Widow's Mite, the church's overall wealth expectedly reached a record high of roughly $265 billion in 2023, an increase of nearly $29 billion from the previous year.
The Catholic Church of Australia is one of the oldest religious institutions in the country. An inquiry by the Australian Broadcasting Corporation estimated its wealth at around $30 billion.
Following a Fairfax report, there have been calls to reexamine the Catholic Church's tax-exempt status.
While Adventists believe in the imminent Second Coming of Jesus Christ, they have accumulated significant wealth on earth.
According to The Conversation, the church is worth $15.6 billion and operates a publishing house, broadcasting system, and food factories.
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