Information Compiled By: Romrik Joshua Flores, Moroni Channel
The Republic Of The Philippines
An LDS Themed Merchandise named Everything Mormon based in the Philippines is making a huge success to the Latter-day Saints in the country. It will definitely remind us of our faith and help uphold our church standards. We latter-day saints are very popular for owning Power House Businesses in America and this sent us on a search to find more Large Companies that are either owned by a Member of the church or owned by the church itself. So here are the list of Large Businesses in no particular order that are owned by Latter-day Saints and the church.
1. JetBlue Airways
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 during the almost decade he spent at the helm of the company, he was known to sit on the back row of his company’s planes, which had seats that didn’t recline, when traveling to demonstrate that serving the customer was more important that serving the CEO. He launched a new Brazilian airline called Azul in 2008.
2. Black & Decker Corporation
Mormon Nolan D. Archibald is a well-known business man who served as chairman of the board, president, and CEO of Black & Decker. When he became president and CEO in 1986, he was the youngest CEO of a Fortune 500 Company at age 42. He and his wife, Margaret, have seven sons and one daughter. All of their sons are Eagle Scouts and served LDS missions.
3. SkyWest Airlines
SkyWest Airlines was created when Mormon Ralph Atkin, a lawyer in St. George, Utah, purchased Dixie Airlines in 1972. 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. Today, it has a fleet of 341 aircraft that fly to 189 destinations.
4. Marriott Hotels International, Inc.
Marriott International was founded by Mormon J. Willard Marriott and is now led by his son, Bill Marriott. The hospitality company has more than 4,000 properties in more than 80 countries and territories. 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.
5. City Creek Center
One of the expensive Malls in America, City Creek Center is owned by The Church. This March, the LDS Church opened a megamall across the street from its neo-Gothic temple in Salt Lake City. 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.
6. Deseret News
The Deseret News is a newspaper published in Salt Lake City, Utah, United States. It is Utah's oldest continuously published daily newspaper and has the largest Sunday circulation in the state and the second largest daily circulation behind The Salt Lake Tribune. The News is owned by Deseret News Publishing Company, a subsidiary of Deseret Management Corporation, aholding company owned by The Church of Jesus Christ of Latter-day Saints (LDS Church).
7. Polynesian Cultural Center
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. Tickets cost anywhere from $35.95 to $228.95. According to its 2010 tax filing, the center had net assets worth $70 million and collected $23 million in ticket sales alone, while also receiving $36 million in donations or gifts.
On an article published by LDS Daily they revealed Church owned companies, they stated that
The church owns and manages two different types of businesses – non-profit and for-profit. There are different advantages to both, depending on the purpose. Generally, businesses that serve the church or its members directly for religious or service purposes are non-profit companies. For example, Beehive Clothing (the company that makes garments and temple clothing) or Deseret Industries are non-profit organizations. On the other hand, Deseret News and the City Creek shopping center in downtown Salt Lake City are for-profit business – both owned and operated by Corporation of the Presiding Bishop, the business division of the Church of Jesus Christ of Latter-day Saints.
so here are some of the companies included in the list:
Read the Rest of the List here: LDSDaily.com
CONNECT WITH US
What is Moroni Channel?
MCH is a Selection Of Church News, LDS Trends, Stories, Mormon Lifestyle And Other Useful Ideas For The LDS Community. We provide fresh articles from members of The LDS Church and feature real-life stories of their Trials, Conversion, Missionary Work, and Personal Experiences.