Do the Mormons own the Coca-Cola Company?

Answer 1

No. The Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" church) has never owned any commercial food or beverage company. The Church itself does not hold stock, but individual members may.

The only for-profit businesses overseen by the Church (as the Church is a non-profit organization, it does not 'own' these companies. They are owned by the Corporation of the Presiding Bishopric, which has top Mormon officials volunteering on it's Board of Directors) are:

• Deseret Book (a religious book and gift store)
• Bonneville International (a newsmedia source)
• Deseret Management (apartments and office space in Salt Lake City)
• Temple Square Hospitality (cafes and reception centers in Salt Lake City)

As for what the Church serves at it's cafe's and cafeterias, some serve Coca Cola products and others Pepsi! Coke is more popular in Utah as there is a Coke plant in the suburbs of Salt Lake City.

Answer 2

No. The Coca Cola Company is owned by shareholders - of which there could be thousands. Sure, some of these individual shareholders could be members of the Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" Church), but the majority certainly are not. The Church itself is not involved with the Coca Cola Company.

The Chairman and CEO of Coca Cola is Muhtar Kent, a Muslim.

Answer 3

No. The Coca-Cola company is a publically traded company owned by stockholders. While individual stock holders may or may not be members of the Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" church), this does not mean they own the company. The Church itself has never owned or operated, in whole or in part, the Coca-cola company.

Answer 4

No. Some Mormons even don't believe in drinking Coke that's a very controversial subject within the church. No, they don't. I wouldn't be surprised if they held stock in Coca Cola, as so many investors do, like Warren Buffett's Berkshire Hathaway, for example. Mormons can drink all the Coke they want to. Same with Dr. Pepper, Mountain Dew, etc. There's nothing prohibiting that. Some people have gone overboard with the caffeine issue and assumed it applies to Coke, etc., but that's not an official stance of the Church. The five main things we try to stay away from are alcohol, coffee, tobacco, tea and harmful drugs. Hope that's helpful.

Answer 5

No. The Coca Cola Company is owned by shareholders - of which there could be thousands. Sure, some of these individual shareholders could be members of the Church of Jesus Christ of Latter-day Saints (commonly called the "Mormon" Church), but the majority certainly are not. The Church itself is not involved with the Coca Cola Company.

The Chairman and CEO of Coca Cola is Muhtar Kent, a Muslim.

Answer 6

NO