Warren Jeffs had a net worth of around $100 million before going to prison. Netflix released a new true-crime documentary that investigates Warren Steed Jeffs' crimes. He made his money through a variety of avenues, including illegal and immoral methods that were extremely difficult to trace. Go through the article to learn more about Warren Steed Jeffs' net worth in 2022 and find out how he made his money.
The story of Warren Jeffs, the congregation's chief, has become the moving news today with the release of Keep Sweet: Pray and Obey, a four-part true wrongdoing narrative on Netflix that depicts how members of the Fundamentalist Church of Jesus Christ of Latter-Day Saints (FLDS) were controlled by chapel specialists.
On June 8 Netflix released a new real-crime documentary that investigates Warren Jeffs' crimes, and fans wonder about his personal life including his net worth. Well, here we have all the answers!
Warren Jeffs’s Net Worth: How Did Warren Steed Jeffs Make His Money?
Warren Jeffs is one of the most well-known religious figures in history, having been accused of numerous sexual offenses in three states before being found guilty of two in Texas in 2011. After all, as indicated in Preaching Evil, the still-president of the Fundamentalist Church of Jesus Christ of Latter-Day Saints FLDS took polygamy to horrible extremes.
As the documentary Keep Sweet: Pray and Obey reveals, Warren is the son of the previous leader, Rulon Jeffs, who practiced extreme polygamy with a total of 78 wives or spouses. By the time he was on the run from the law in 2006, Warren Jeffs has amassed a sizable fortune. Where did he acquire his money? How was he able to house and effectively govern the lives of what was supposedly over 10,000 members?
When you consider his other business enterprises, he had a net worth of around $100 million before going to prison. Warren Jeffs had a different perspective to invest. Jeffs and the FLDS controlled land in several states, including Colorado City, Arizona, and Hildale, Utah. By the time he was apprehended, Warren had acquired a sizable fortune. Because the trust was controlled by the FLDS Church, the UEP alone owned nearly 700 properties under its name.
By leveraging construction services to expand his enterprise, Jeffs was able to continue earning money. Men and boys would often work and develop properties for little or no money because he had many followers who felt his word was scripture. This meant that he could underbid competitors for high-paying building projects and then pocket all of the profits for himself. He's also rumored to be planning to sell off empty areas of property he owns to make some additional cash.
Jeffs required financial flow even though he had an easy bucket of money with property and free or low-cost labor from his followers. As the leader, he had complete control over his followers' lives.
The trailer also explains that the FLDS also had a few members who were able to build their businesses from the ground up, and they all reported to Jeffs. For example, Western Precision, one of the highest-earning companies, was built for the US Department of Defense.
Members were also required to pay tithes to the church every month, which ranged from $500 to $1000. Furthermore, they were fully aware that upsetting them could result in their losing their jobs, communities, and homes.
The FLDS, on the other hand, was not only directing non-authorized people to buy food with SNAP payments, but they were also depositing that food in a communal storeroom under his complete authority. The members may only buy those foods from FLDS-run enterprises, which would subsequently use government funds for ineligible activities.
However, after Warren Jeffs had already been arrested, and now he is in prison, it was determined that the church and Jeffs' brother, Lyle Jeffs, had been unlawfully using SNAP funds. SNAP is the money supplied to qualified recipients on government-issued debit cards to be used to purchase approved foods. Whoever collects the money is required to utilize it only for the purposes mentioned.
In this way, Warren Jeffs received his money through a variety of avenues, including illegal and immoral methods that were extremely difficult to trace.
Before you leave, check out Warren's children.