We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: Billionaire Jeff T. Green Resigns From Mormon Church
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
Billionaire Jeff T. Green Resigns From Mormon Church
The Tycoon Herald > Trending > Billionaire Jeff T. Green Resigns From Mormon Church
Trending

Billionaire Jeff T. Green Resigns From Mormon Church

Tycoon Herald
By Tycoon Herald 5 Min Read
Share
SHARE

A billionaire from Utah, Jeff T. Green, said he was resigning this week from the Church of Jesus Christ of Latter-day Saints in an unusually high-profile rebuke of the church’s wealth and position on social issues.

Mr. Green, who runs an advertising technology firm and is believed to be one of the wealthiest people from Utah, did not say what caused him to make such a public exit this week. But he said in a letter to Russell M. Nelson, the church’s president, that he was concerned about the church’s history, finances and advocacy.

“While most members are good people trying to do right, I believe the church is actively and currently doing harm in the world,” he wrote in the letter, which was reported Monday by The Salt Lake Tribune.

In the letter, a copy of which was dated Dec. 23, he said he had stopped believing in the church’s teachings more than a decade ago and had spent several years reflecting on his issues with it. “I believe the Mormon Church has hindered global progress in women’s rights, civil rights and racial equality, and L.G.B.T.Q.+ rights,” he wrote.

The church’s press office did not respond to a request for comment.

In the letter, Mr. Green, 44, asked for his records to be removed from the church and for his only other contact from the organization to be a letter confirming that he was no longer a member. One of his friends and 11 of his family members were also resigning, he said.

Kathleen Flake, a professor of Mormon studies at the University of Virginia in Charlottesville, said this sort of formal exit from the church was similar to a renunciation of citizenship. To return to the church, a person would have to be rebaptized.

“Renouncing it is a political act; it’s a way of making a political statement, not just a religious statement,” she said.

She said it was unlikely that the church, which has more than 16 million members, would respond.

“I think they care, but I don’t think they are surprised by such public statements,” Professor Flake, a church member, said. “They’ve simply had too much experience with it to think that they will escape this kind of public engagement with their moral standards.”

Mr. Green, who now lives in Southern California, was also critical of the church’s wealth, which includes an investment fund paid for with contributions by members. The fund had $48 billion worth of stocks as of Sep. 30, according to SEC filings.

“This money comes from people, often poor, who wholeheartedly believe you represent the will of Jesus,” Mr. Green wrote. “They give, expecting the blessings of heaven.”

The management of the fund has come under scrutiny in recent years after a former manager accused the church of misleading members about the use of the funds. Church officials told The Wall Street Journal last year that the money was to be used during possible economic downturns.

In September, a federal judge dismissed a lawsuit brought by a prominent former member, James Huntsman, that accused the church of using the money for commercial purposes.

Mr. Green, the chief executive of the firm The Trade Desk, is worth $5.2 billion, according to Forbes. In November, he pledged to give away more than 90 percent of his wealth before or at his death.

This week Mr. Green also announced he was donating $600,000 to Equality Utah, a group that advocates L.G.B.T.Q. rights in the state.

He told The Tribune that almost half the money would go to a scholarship fund for students in Utah, including those who “may need or want” to leave Brigham Young University, which is sponsored by the church and has an honor code that prohibits same-sex “romantic behavior.”

You Might Also Like

SPORT BNB Set to Shake the Sports World – Analysts Predict a $3–$5 Token Price by 2027

Gregory Hatanaka Teases His Biggest Films Yet with No Regrets and The Shout

Okay So I Clicked on “Castle” at 2AM and Things Got Weird

Breaking Barriers in Tuberculosis Diagnosis: How Owolabi Babatunde  Pioneered AI-Powered Chest X-Ray Screening in Nigeria

Best YTT Yoga School a Journey from Student to Teacher: Transformative Yoga Retreats in Asia

TAGGED:Brigham Young UniversityForbes MagazineGreen, Jeff THomosexuality and BisexualityMormons (Church of Jesus Christ of Latter-Day Saints)PhilanthropySalt Lake TribuneThe Forbes JournalTransgender and TranssexualsTrendingUtah
Share This Article
Facebook Twitter Email Copy Link Print
Dozens Detained in US Immigration Operations in Upstate New York
Politics

Dozens Detained in US Immigration Operations in Upstate New York

This text was initially revealed  by The Epoch Instances: Dozens Detained in US Immigration Operations in Upstate New York New York Gov. Kathy Hochul (D) stated she was outraged as…

By Tycoon Herald 5 Min Read
St Leger Stakes: Paddy Twomey relishing underdog standing as Carmers prepares for Doncaster Basic tilt
September 9, 2025
Livid Dentist Assaults Affected person with Barbell Over Braces Criticism, On Digicam
September 9, 2025
Israel says it carried out a strike on Hamas’ principal political workplace in Qatar
September 9, 2025
Video Reveals Deadly Stabbing of Ukraine Conflict Refugee: What to Know
September 9, 2025

You Might Also Like

Inside the Blueprint: How a Ground-Breaking CCUS Review Is Shaping the Race to Net Zero
Trending

Inside the Blueprint: How a Ground-Breaking CCUS Review Is Shaping the Race to Net Zero

By Tycoon Herald 6 Min Read
Debut Novel The Revenant’s Mark Blends Revolutionary War History with Dark Fantasy in a Haunting Tale of Resurrection and Reckoning
LifestyleTrending

Debut Novel The Revenant’s Mark Blends Revolutionary War History with Dark Fantasy in a Haunting Tale of Resurrection and Reckoning

By Tycoon Herald 3 Min Read
GARI Emerges as a Global Leader in Research Mentorship and Scholarly InnovationAustin, Texas
LifestyleTrending

GARI Emerges as a Global Leader in Research Mentorship and Scholarly InnovationAustin, Texas

By Tycoon Herald 4 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Sports

Lewis Hamilton: Ferrari driver ‘itching to get going’ at Australian Grand Prix in Melbourne

Lewis Hamilton stated he is "itching to get going" forward of his Ferrari debut at this…

By Tycoon Herald
BusinessReal Estate

8 Eco-Friendly Features To Add To Your Home

8 Green Features That Homebuyers Want to See Unsplash Eco-friendly, energy-saving home features aren’t just good…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?