What is the net worth of the Watchtower Society?

I was talking recently with a gentleman in my congregation that served at bethl for a short while.  He mentioned the huge bank roll they have.  I would love to have an approximate figure.

This is a difficult one, because the information is a little hard to come by. Word is that the WTS refuses to publish the details because its enemies "may distort the information" and use it to hinder the good news ( paraphrasing here but that is the basic message)

  The worth is is difficult to estimate, the value of land and property will sky rocket as we get more overcrowded in this world. They have an awful lot of both ! According to Diane Wilson (Awakening of a Jehovahs Witness), they budgeted $50 million for the refurbishment of a building project, this doubled (despite all the free labour that the Dubs " give to Jehovah " HOW???) and one of the head honchoes said to her " No matter how much we spend the amount we have in the bank never decreases. Its wonderful to see how Jehovah provides ". So they have significant resources . Where from ? The magazines were sold for seemingly pittance (don't be misled! Some larger commercial magazines  will sell for approximately the same - take into account  cuts [ distributer/ store/ main firm/ partners/] although also remember the advertising revenues balancing it out) The WTS has the largest printing press in the world and with buying in such bulk - are sure to be laughing all the way to the bank. There was a report (New Yorks richest companies - sorry don't have the link but it is on this site) where their yearly net income (Brooklyn) was listed as just short of a BILLION dollars - they have 3340 staff - remember all volunteers !  Then count all their business interests , which they try to deny having! Plus, how many of the faithful donate to the Society in their will and are encouraged to make donations of land and benificiaries. This is a Scandal! All to benefit the distribution of the good news so we can't criticise the good news and important work. Surprisingly profitable. JWs are one of the richest religions around, and size for size, I would argue the Richest in the world! Imagine if, for example counting membership and equilent halls owned per faithful the value of the Catholic Church ?????? And then the JWs call the churches blind for being loaded, when the are even filthier rich !

 " If you were Blind, you would have no sin. But you say 'We See' . Your Sin remains. ". - Jesus to the Pharisees

    " We are not like Some Peddlers of Gods Word." - (somewhere in Corinthians - sorry dont have a bible to hand - sat in an internet Cafe!)

Here it is for you LanDi:

 For we are not peddlers of God's word like so many; but in Christ we speak as persons of sincerity, as persons sent from God and standing in his presence. (2Cor 2: 14-16)

Take a look in here The Best of... WTS Finances

Watchtower 34th Biggest company in NY  --- Revenue (in millions): 951

WB&TS of Pennsylvania financial figures

Watchtower Bible and Tract Society of Pennsylvania

Pensylvania Reg. # 11-1857820

Year Ended August 31, 1998

BALANCE SHEET...............................1998 / 1997

Assets

Cash and short-term investments........$296,522,535 / 209,383,368

Current receivables......................10,849,287 / 7,078,760

Long-term receivables...................277,421,320 / 267,435,970

Property and equipment..................120,697,680 / 120,547,679

TOTAL ..................................705,130,822 / 604,445,777

Liabilities

Accounts payable & accrued liabilities...$2,414,924 / 794,524

Conditional donations.....................7,489,654 / 8,743,636

Long-term payables.......................61,002,396 / 37,503,266

TOTAL LIABILITIES........................70,906,974 / 47,041,426

NET ASSETS.............................$634,223,848 / 604,445,777

COMBINED STATEMENT OF REVENUES AND CHANGES IN NET ASSETS

Revenues

Donations................................47,443,713 / 54,722,984

Interest.................................24,925,594 / 20,504,081

Kingdom Hall Assistance Fund..............3,218,791 / 3,900,595

Royalties, Rent and Other.................3,519,062 / 2,928,113

TOTAL REVENUES...........................79,107,160 / 82,055,773

Expenses

Kingdom Hall Assistance ..................2,123,945 / 2,485,514

Relief Fund..................................21,182 / 170,507

Convention Fund.................................430 / 0

Administrative Services.....................142,106 / 14,304

TOTAL EXPENSES............................2,287,663 / 2,670,325

CHANGE IN NET ASSETS.....................76,819,497 / 79,385,448

Net Assets At Beginning of Period.......557,404,351 / 469,616,477

Prior period adjustment...........................0 / 8,402,426

NET ASSETS AT END OF PERIOD............$634,223,848 / 557,404,351

that's stunning - with nearly 3/4 of a billion dollars in income!!!

I wonder how much they will be worth when they get all the pedophile and criminal issues settled.  And if everyone goes to www.sixscreensofthewatchtower.com and learns the real truth about this criminal organization, they will lose all their slaves.

Meanwhile, their explosive growth in Nigeria is going to cost them money that they will not be getting from us.  And when they complain, I will simply go to www.dannyhaszard.com and print up all the Zero Dollar Bills and Void Checks that will stuff the boxes so they will not get any real money.  Hopefully their net worth will soon implode.

We will never know exactly their total assets their nature (real estate, stocks and shares, cash money) and value but from what we know they are certainly worth many billions, just the nearly 100 000 KHs how much are they worth? The local dubs may pay to build and maintain them but it's the WTS that gets the title deeds.

They did well out of the free labour of their followers and their generous donations over the past 100 years.

Anybody have any updated info on this....just curious.

Yea right, they claim they are a non- profit organization

non-profit don't mean non profit in the corporate world

somebody livin' large and it ain't the Lil' sheep

Non-profit don't mean non-profit in the corporate world

and the WTS is a corporation

sorry for the double post