What are some Mormon-owned companies?


Quick Answer

As of December 2015, companies owned by Mormons include Nu Skin Enterprises, Black & Decker Corporation, Marriott International Incorporated and JetBlue. As members of The Church of Jesus Christ of Latter Day Saints, Mormons are encouraged to be philanthropic, honest and goal-driven, which are also qualities that lead to success in business.

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Full Answer

Nu Skin Enterprises was founded by Blake Roney and associates. The company is headquartered in Provo, Utah and sells skin care products and dietary supplements. Roney's Mormon mission work continues throughout business commitments and marketing projects, and he served as a mission president in France from 2012 through 2015. With revenues of over 2.1 billion dollars in 2012, Nu Skin has maintained steady business and employment during times of economic distress.

When taking the reins of the Black & Decker Corporation in 1986, Mormon Nolan Archibald became the youngest CEO of a Fortune 500 Company at age 42. Archibald still holds the positions of president, chairman of the board and CEO while maintaining church obligations and LDS missions.

Marriott International was founded by Mormon J. Willard Marriott, and has since been inherited by his son, Bill Marriott, who currently leads the company. As of 2015, the hotel and hospitality chain has over 4,000 locations in 80 countries. Every Marriott room is supplied with a Bible, along with The Book of Mormon, and in 2011, the company made the decision to not allow channels that offer pornography in its hotels.

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