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1. mullin+(OP)[view] [source] 2023-11-19 20:59:05
Easy, they own shares. For example, the nonprofit Mormon church owns 47 billion in equity in private companies including Amazon, Exxon, Tesla, and Nvidia[1].

Nothing stopping a non-profit from owning all the shares in a for-profit.

[1] https://finance.yahoo.com/news/top-10-holdings-mormon-church...

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