Marcelo Posted January 7, 2018 Share Posted January 7, 2018 (edited) The site below informs that Thomas S Monson had bought a new Lexus car of 90K USD e owned 3 others luxuries cars with a total net worth of USD 810 K. The information seems crazy to me. Can anyone confirm or deny this information: https://finapp.co.in/thomas-s-monson-net-worth/ Thanks! Edited January 7, 2018 by Marcelo Link to comment
Duncan Posted January 7, 2018 Share Posted January 7, 2018 2 minutes ago, Marcelo said: The site below informs that Thomas S Monson had bought a new Lexus car of 90K USD e owned 3 other luxury car with a total net worth of USD 810 K. The information seems crazy to me. Can anyone confirm or deny this information: https://finapp.co.in/thomas-s-monson-net-worth/ Thanks! they have no sources, it's just words TBH Link to comment
Popular Post Hamba Tuhan Posted January 7, 2018 Popular Post Share Posted January 7, 2018 4 minutes ago, Duncan said: they have no sources, it's just words TBH But such perfectly arranged words! My favourite: 'This article on Thomas S Monson Net Worth may not go well with few people we keep searching for mistakes in the other people lives and therefore we cannot do nothing about it'. I mean, how can you not trust people with such perfect command of the English language??? 6 Link to comment
JLHPROF Posted January 7, 2018 Share Posted January 7, 2018 If true, who cares? Ridiculous waste of time. At least it's not an anti hit piece. Whatever this questionable site is they provide net worth on lots of people. So Pres. Monson was relatively wealthy. Is there some reason he shouldn't be? Link to comment
JAHS Posted January 7, 2018 Share Posted January 7, 2018 They did post a Disclaimer: "The Thomas S Monson Net Worth details are being posted/updated after conducting reasonable research. It is being reiterated that the Thomas S Monson Net Worth details mentioned here are only ‘estimates’ which may or may not be the reality. While utmost care is taken by FinApp during the compilation of Thomas S Monson Net Worth information to ensure that the estimated net worth is closer to the reality, FinApp shall not assume any liability or responsibility for the outcome of decision(s) taken as a result of any reliance placed in this post." The question might be asked is were those cars actually bought by him, given to him from the church, or just purchased by the church for whichever president happens to currently hold the position and will be used by the next president? 1 Link to comment
Calm Posted January 7, 2018 Share Posted January 7, 2018 Do they define reasonable research? I am wondering how they could discover it..depreciation on income tax forms perhaps, but wouldn't they be private? 1 Link to comment
juliann Posted January 8, 2018 Share Posted January 8, 2018 Monson has had that house forever. From the outside, it is ordinary and small, very typical of the homes of that era in that area (he lived close to my high school.) I can see an expensive outfitted car being necessary considering all the haters. I had to laugh when it said his net worth had risen in the past few years, like duh, if he had anything in the stock market..... 4 Link to comment
Guest Posted January 8, 2018 Share Posted January 8, 2018 2 hours ago, Marcelo said: The site below informs that Thomas S Monson had bought a new Lexus car of 90K USD e owned 3 others luxuries cars with a total net worth of USD 810 K. The information seems crazy to me. Can anyone confirm or deny this information: https://finapp.co.in/thomas-s-monson-net-worth/ Thanks! Confirm it for what reason? 1 Link to comment
Bobbieaware Posted January 8, 2018 Share Posted January 8, 2018 (edited) 2 hours ago, Marcelo said: The site below informs that Thomas S Monson had bought a new Lexus car of 90K USD e owned 3 others luxuries cars with a total net worth of USD 810 K. The information seems crazy to me. Can anyone confirm or deny this information: https://finapp.co.in/thomas-s-monson-net-worth/ Thanks! Who’da thought President Monson would have turned out to be Salt Lake City’s male version of ‘The Little Old Lady from Pasadena?’ Maybe he would sneak out at night and cruise around town while blasting the stereo system at full volume? I would imagine his music of choice would have been ‘30’s & ‘40’s big band music. Can’t you just see him tooling down the street with a big, relaxed smile on his face while listening to Glenn Miller’s ‘In the Mood?’ Edited January 8, 2018 by Bobbieaware Link to comment
longview Posted January 8, 2018 Share Posted January 8, 2018 I think it more likely he transferred his "savings" (or faithful long term investments) to all his children in the form of trusts. Those cars could be part of his living trusts. As for the $12M figure, it may have been pulled out of thin air. He probably gave the remainder of his wealth to people he loved and kept in touch with. Link to comment
The Nehor Posted January 8, 2018 Share Posted January 8, 2018 4 hours ago, Marcelo said: The site below informs that Thomas S Monson had bought a new Lexus car of 90K USD e owned 3 others luxuries cars with a total net worth of USD 810 K. The information seems crazy to me. Can anyone confirm or deny this information: https://finapp.co.in/thomas-s-monson-net-worth/ Thanks! The burden of proof is on them. If you disagree and believe the burden of proof is to disprove an accusation then you are a vile disgusting malodorous pervert. Prove me wrong. Link to comment
clarkgoble Posted January 8, 2018 Share Posted January 8, 2018 (edited) I'm really skeptical of that article. For one it says he lives in a multimillion dollar condo worth $2 million dollars. Which is basically the top floor apartment owned by the church where Pres. Hinkley also resided. Part of that is undoubtedly for security. (Lots of crazies out there) They own an other house people call "upscale" which is appraised for $370,000. (That's not upscale, although it is much nicer than my home - and appears to have been bought in the 70's when prices were much lower) The other "home" is a small cabin/cottage up near Vivian Park in Provo Canyond they've owned for ages - likely also bought in the 70's when it probably cost next to nothing. Pres. Monson when healthier used to go there to go fishing. There have definitely been some GAs with more money. But Pres. Monson doesn't appear to have been one of them. Plus the lack of data or even any evidence he owns a luxury Lexus. Edited January 8, 2018 by clarkgoble 3 Link to comment
Popular Post cinepro Posted January 8, 2018 Popular Post Share Posted January 8, 2018 5 hours ago, Marcelo said: The site below informs that Thomas S Monson had bought a new Lexus car of 90K USD e owned 3 others luxuries cars with a total net worth of USD 810 K. The information seems crazy to me. Can anyone confirm or deny this information: https://finapp.co.in/thomas-s-monson-net-worth/ Thanks! President Monson became an Apostle in the 1963, which was an era in which GAs (and especially Apostles) would sit on the boards of many for-profit companies (some owned by the Church, some not). This practice continued until President Hinckley ended it in 1996. https://www.lds.org/ensign/1996/04/news-of-the-church/general-authorities-to-leave-business-boards?lang=eng While there's no way of knowing if and how much the GAs were compensated for being on these corporate boards, it is possible for such board members to be well compensated. Whether or not this ever should have been allowed is a different question, but it should be acknowledged that GAs had other ways of earning money than just getting it from the Church, even if they came from a history of Church employment (like Monson, Packer or Hinckley). It's also possible for their books to bring them revenue. 6 Link to comment
Calm Posted January 8, 2018 Share Posted January 8, 2018 It seems highly unlikely that Pres. Monson was buying a new car any time with the recent past. If he couldn't even get out to conference.... 2 Link to comment
Popular Post Robert F. Smith Posted January 8, 2018 Popular Post Share Posted January 8, 2018 8 hours ago, JLHPROF said: If true, who cares? Ridiculous waste of time. At least it's not an anti hit piece. Whatever this questionable site is they provide net worth on lots of people. So Pres. Monson was relatively wealthy. Is there some reason he shouldn't be? However, did you notice the near illiteracy of the article? Was this composed in North Korea? 5 Link to comment
Marcelo Posted January 8, 2018 Author Share Posted January 8, 2018 (edited) 9 hours ago, Bill "Papa" Lee said: Confirm it for what reason? Some Brazilian members have found the site and are criticizing President Monson for owning such expensive cars. I told them that the information is fishy. Pres. Monson uses the cars from the Church fleet, why woud he buy these expensive cars? He almost could not walk alone, much less drive a car. Edited January 8, 2018 by Marcelo 1 Link to comment
rpn Posted January 8, 2018 Share Posted January 8, 2018 (edited) The public records would show cars that ere registered/licensed, not how he got them (you have to pay sales tax even if you got it at a gift). I wouldn't be a bit surprised if the car he uses has various security features that raise their price, or have room and comfort to allow him to do what he has to do. And when he got too frail to get around, he probably did buy a vehicle with wheelchair access. And aside from the corporate boards of director income, he worked for DesNews and was a GA who didn't have work after that. So having 12 Million net worth is a lot (suggests he didn't spend much of what he earned, too.) I'm not sure why we should care though: his life was one of giving to others, including the shoes off his feet and the shirts and suits off his back. Edited January 8, 2018 by rpn 1 Link to comment
MiserereNobis Posted January 8, 2018 Share Posted January 8, 2018 I wonder how much this luxury car costs: Link to comment
rchorse Posted January 8, 2018 Share Posted January 8, 2018 2 minutes ago, MiserereNobis said: I wonder how much this luxury car costs: <snip> Those custom, limited-edition Italian cars are crazy expensive. Link to comment
MiserereNobis Posted January 8, 2018 Share Posted January 8, 2018 1 minute ago, rchorse said: Those custom, limited-edition Italian cars are crazy expensive. Yeah, and let's add in the papal apartments in the apostolic palace and the fact that the Pope is the absolute monarch of Vatican City. No wonder we are the church of the devil 2 Link to comment
Maestrophil Posted January 8, 2018 Share Posted January 8, 2018 Not that I would mind having it, but $800K is not really a fortune these days to have accumulated in a 90 year lifetime. 1 Link to comment
Atheist Mormon Posted January 8, 2018 Share Posted January 8, 2018 1 hour ago, MiserereNobis said: Yeah, and let's add in the papal apartments in the apostolic palace and the fact that the Pope is the absolute monarch of Vatican City. No wonder we are the church of the devil LoL, all you have to do is read the history.... Link to comment
The Nehor Posted January 8, 2018 Share Posted January 8, 2018 2 hours ago, MiserereNobis said: I wonder how much this luxury car costs: I have ‘holy envy’ of the Popemobile. Link to comment
mnn727 Posted January 9, 2018 Share Posted January 9, 2018 On 1/7/2018 at 5:57 PM, Calm said: Do they define reasonable research? I'm not sure but I think it had something to do with a dart board and a blindfold. 2 Link to comment
Recommended Posts