How much is the Church of Scientology worth?

[iaxiloll]

How much is the Church of Scientology worth? I have seen so many figures out there and have always wondered how much does DM controls.Scientologists know how to make money make money. For example using shares and investments,they also receive millions from interest being that they do not pay tax in most countries, and of course the sales of their products including Dianetics, CDs and what have you, underpaid staff, child labor etc.I heard it was something in the range of 5 billion dollars, is that far fetched?

[Good twin]

How much is the Church of Scientology worth? I have seen so many figures out there and have always wondered how much does DM controls.Scientologists know how to make money make money. For example using shares and investments,they also receive millions from interest being that they do not pay tax in most countries, and of course the sales of their products including Dianetics, CDs and what have you, underpaid staff, child labor etc.I heard it was something in the range of 5 billion dollars, is that far fetched?

My best guess would be that is a conservative estimate. Anyone else have a clue?

[gomorrhan]

I don't have any solid figures. Being that they are a multinational corporation, I don't even know that they have to report all of their income/assets to any one particular government, so you'd probably have to add it all up from whoever they do report to in whatever countries they operate.

Yuck.

[thetanic]

I heard it was something in the range of 5 billion dollars, is that far fetched?

No, not farfetched, especially when you consider the property they own.

[alexm]

You'd have to do some digging adding the costs of real estate. Orgs can be worth millions or thousands depending on the size. Usually the new ideal scam Orgs are privately fund raised and then the IAS comes in and adds a few million euros or dollars or pounds, what have you. A good guess is to get your hands on an IAS Impact magazine and add up how many people are patrons, crusaders and etc and for how much each person or family donated. This will give you a good estimation on how much money the Church needs and/or can spend on their front groups and building new Orgs.

Individual Class V Orgs can make upwards of probably a hundred thousand per week, on a really good week but probably in the very low thousands or hundreds in your average Org. Most Orgs do not make enough to survive though.

This task would not be so easy to find out.

[Good twin]

No, not farfetched, especially when you consider the property they own.

The biggest fundraising efforts are to IAS Superpower and Planetary Dissem. These funds ALL have Trusts set up which makes the funds easy to hide.

[Wisened One]

negative a hundred billion dollars

[Dulloldfart]

I figure if liquidated they could come up with a billion US, ballpark figure. But paying off advanced payments unused would take a few hundred million off that. If they ended up having to pay back IAS and SP "donations", on the basis that they were obtained by fraudulent promises; and then the vulture lawyers swooped in with civil damage claims for the all-too-real hurts caused over the past few decades, I don't see that there would be a lot left at all. That is assuming the corporate shell game gets ended and the reality of it being one giant feeding-trough gets taken into account.

Paul

[Pixie]

negative a hundred billion dollars

Jesus Christ!! That's it!! I'm starting a religion... That's disgusting, and where IS all this money, stashed in Swiss bank accounts no doubt. Bloody hell, that would feed the starving for the next twenty years at least!

[Wisened One]

Well, it'd be great it that weren't an 'in-the-red figure, Pix'!

Jesus Christ!! That's it!! I'm starting a religion... That's disgusting, and where IS all this money, stashed in Swiss bank accounts no doubt. Bloody hell, that would feed the starving for the next twenty years at least!