How the LDS Church Makes its Billions

Ensign Peak Advisors, The Church of Jesus Christ of Latter-day Saints' multibillion-dollar investment fund, has gone from operating nearly incognito 19 months ago to facing an uncomfortably hot spotlight. Despite being among the world's largest investment funds, the Salt Lake City firm functioned largely unseen until late 2019, when a former top manager-turned-whistleblower claimed it had amassed up to $100 billion, allegedly without its senior leaders telling much of anyone.