The secret treasure of the Mormon Church: one hundred billion in shares and funds, of which Wall Street knew nothing

NEW YORK – For more than half a century the Mormon Church in the United States has secretly built one of the largest investment funds in the world. A financial asset of over one hundred billion dollars, of which no one, outside the community, was aware.

A hundred billion mystery

But the mystery, as revealed the Wall Street Journalevaporated late last year when a former employee leaked everything to the US Internal Revenue Service and accused the management company, Enisign Peak Advisorsof having amassed assets worth a hundred billion dollars, keeping Wall Street in the dark.