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Net Worth of $650,000,000

karokahn

Patron
When Ron died in 1986, many reports showed he had a net worth of $650 million. That is an astounding net worth even in today's standards. I wonder if anyone knows where a copy of his estate tax return is? I am also a bit skeptical that so much wealth could have accumulated while he didn't seem to be living high on the hog. Wasn't he living in a motor home?
 

Div6

Crusader
When Ron died in 1986, many reports showed he had a net worth of $650 million. That is an astounding net worth even in today's standards. I wonder if anyone knows where a copy of his estate tax return is? I am also a bit skeptical that so much wealth could have accumulated while he didn't seem to be living high on the hog. Wasn't he living in a motor home?

He was living in a motor home parked on a farm that was owned for his exclusive use in Creston, California.
http://www.lisamcpherson.org/cos/ranch.htm


A description of the dead body's physical appearance is in this set of documents:
http://www.lermanet2.com/scientology/l-ron-hubbard-coroners-report-complete.pdf


The official line is that he changed his will two days before he died to completely cut off his family, and left it all "to the church".


I have never seen a copy of his final estate tax return.
 
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Dulloldfart

Squirrel Extraordinaire
When Ron died in 1986, many reports showed he had a net worth of $650 million.

What reports? Link to some.

EDIT: I found a couple, but no details. The breakdowns I have seen showed not too much cash or liquidatable assets (i.e. not even in the tens of millions), with the vast majority of the estate being the assigned value of his intellectual property rights, like copyrights.

Paul
 
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$650,000,000 ... you'd figure he could have sprung for a dental visit to clean what was left of his teeth, or maybe even a place to stay with running water to bathe in.
 

karokahn

Patron
When I say 'reports' I meat I just read the mentions of this Net Worth. Probably old newspaper articles.

I would bet the CoS net worth is $650million by now however.
 

knn

Patron Meritorious
When Ron died in 1986, many reports showed he had a net worth of $650 million. That is an astounding net worth even in today's standards. I wonder if anyone knows where a copy of his estate tax return is? I am also a bit skeptical that so much wealth could have accumulated while he didn't seem to be living high on the hog. Wasn't he living in a motor home?
Probably it's bigger now since all the years some % was probably put on some bank account (Switzerland or so) waiting for him to return.

As soon as he accesses the money a light flashes in Miscaviges office "He is back!"
 

Zinjifar

Silver Meritorious Sponsor
Considering that Ron, in his past lives, had a habit of burying 'treasure' all over the world, I would expect that there's plenty that wouldn't show up on any bank books.

Zinj
 

FinallyFree

Gold Meritorious Patron
He was living in a motor home parked on a farm that was owned for his exclusive use in Creston, California.
http://www.lisamcpherson.org/cos/ranch.htm


A description of the dead body's physical appearance is in this set of documents:
http://www.lermanet2.com/scientology/l-ron-hubbard-coroners-report-complete.pdf


The official line is that he changed his will two days before he died to completely cut off his family, and left it all "to the church".


I have never seen a copy of his final estate tax return.

Thanks for posting the link to the death certificate stuff Div6!
 

The Clam

Patron with Honors
If you figure the money flag was doing per week in the seventies and eights, 4 to 5 million a week, plus the 10% all the class five orgs and missions paid off the top of the GI,All the Sea Org operated churches,book,tapes,meters. minus the real estate and slave labor. I would think it could be quite possible
 
If you figure the money flag was doing per week in the seventies and eights, 4 to 5 million a week, plus the 10% all the class five orgs and missions paid off the top of the GI,All the Sea Org operated churches,book,tapes,meters. minus the real estate and slave labor. I would think it could be quite possible

The cult is poorly managed, even with the use of slave labor, they still spend far more money than required to get anything done. If they actually had products and services worth buying instead of peddling Hubbard's nonsense, they could make a fortune off of that slave labor
 
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