William Branham and Money: Difference between revisions

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Why did William Branham indicate that he was poor as a young man?

=Tax Evasion Charges=

In 1956, the U.S. Internal Revenue Service ("IRS") charged William Branham with tax evasion. Although he protested his innocence, he eventually settled the charges by paying a fine of $40,000 in 1962. This fine would be equivalent to paying a fine of almost $350,000 in 2021 dollars.

=William Branham's estimated net worth in 1965=

Sarah Branham published that her father, William Branham, had control of ~~funds~~ of $3,~~113~~,~~676~~ at the time of his death~~, plus stocks~~.

[[Sarah Branham]] published a letter in 1989 stating that her father, William Branham, had control of cash and liquid assets of $3,244,321 at the time of his death.

==2013 equivalent dollars==

$3,~~100~~,~~000~~ USD in 1965 would equal ~~almost~~ $23,~~500~~,~~000 million~~ USD in ~~2016~~ equivalent dollars. That would be enough wealth to put William Branham in the ~~top 150,000 richest people in the world today or well within the top 0~~.~~005% of the wealthiest people in the world~~.

$3,244,321 USD in 1965 would equal approximately $30,518,349 USD in 2022 equivalent dollars. That would be enough wealth to put William Branham in the category of ultra-high-net-worth individual according to Money.com.

[[Voice of God Recordings]] Inc., the entity controlled by William Branham's sons and dedicated to spreading William Branham's message, reported assets of $109,834,481 on its US tax return as of June 30, 2011.<ref>http://www.erieri.com/form990finder/details?ein=351609054 Voice of God IRS Form 990's</ref> Shortly thereafter, Voice of God Recordings Inc. transferred in excess of $97 million to a new related non-profit organization, Jehovah-Jireh Foundation Inc.<ref>http://www.erieri.com/Form990Finder/Details/Index?EIN=452553164 Jehovah-Jireh Foundation Inc. IRS Form 990's</ref> Joseph Branham is the principal officer of both Voice of God Recordings Inc. and Jehovah-Jireh Foundation Inc.

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''Why, these cars that we got today, couldn't run over these highways we used to have. My first trip west, it taken me sixteen days to go from Jeffersonville to Phoenix, Arizona, eighteen hundred miles. But, my, the most of--'''it was 1926''', they had nothing but just old rock roads. I was a little boy setting there, holding this '''spool-top Ford'''; I thought I was making good time. Would took a horse two or three months to do it, if my daddy would've come.<ref>A.SUPER.SIGN_ GRASS.VALLEY.CA JJ 141 SUNDAY_ 62-0708</ref>

''When the income tax put me under a burden the other day, and for checks that people had signed in a meeting, to pay off the meeting. The income tax went back fifteen years, and—and '''made me pay to them forty thousand dollars.''' I had to get men with collateral and things. And they’re setting right in this building now, to sign a ticket, that I could pay it off at four thousand dollars a year, or be brought in before the courts. I said, “I—I don’t owe it. Here is my sheets, of my income tax.”<63-0126 - Investments, para. 291</ref>

''Out into the land where this Message is going, from the East Coast to the West, from California to New York, down into the South, up into the North, out into the missions, and wherever It's going, and in this tabernacle. '''We are poor.''' We don't have these great, big, flowerly things, and television casts. We're just trying to do the best we can.<ref>THE.ANOINTED.ONES.AT.THE.END.TIME_ JEFF.IN 65-0725M</ref>

@@ Line 12: / Line 12: @@
 Why did William Branham indicate that he was poor as a young man?
+=Tax Evasion Charges=
+In 1956, the U.S. Internal Revenue Service ("IRS") charged William Branham with tax evasion.  Although he protested his innocence, he eventually settled the charges by paying a fine of $40,000 in 1962.  This fine would be equivalent to paying a fine of almost $350,000 in 2021 dollars.
 =William Branham's estimated net worth in 1965=
-Sarah Branham published that her father, William Branham, had control of funds of $3,113,676 at the time of his death, plus stocks.
+[[Sarah Branham]] published a letter in 1989 stating that her father, William Branham, had control of cash and liquid assets of $3,244,321 at the time of his death.
 ==2013 equivalent dollars==
-$3,100,000 USD in 1965 would equal almost $23,500,000 million USD in 2016 equivalent dollars.  That would be enough wealth to put William Branham in the top 150,000 richest people in the world today or well within the top 0.005% of the wealthiest people in the world.
+$3,244,321 USD in 1965 would equal approximately $30,518,349 USD in 2022 equivalent dollars.  That would be enough wealth to put William Branham in the category of ultra-high-net-worth individual according to Money.com.
 [[Voice of God Recordings]] Inc., the entity controlled by William Branham's sons and dedicated to spreading William Branham's message, reported assets of $109,834,481 on its US tax return as of June 30, 2011.<ref>http://www.erieri.com/form990finder/details?ein=351609054 Voice of God IRS Form 990's</ref>  Shortly thereafter, Voice of God Recordings Inc. transferred in excess of $97 million to a new related non-profit organization, Jehovah-Jireh Foundation Inc.<ref>http://www.erieri.com/Form990Finder/Details/Index?EIN=452553164 Jehovah-Jireh Foundation Inc. IRS Form 990's</ref>  Joseph Branham is the principal officer of both Voice of God Recordings Inc. and Jehovah-Jireh Foundation Inc.
@@ Line 166: / Line 170: @@
 ''Why, these cars that we got today, couldn't run over these highways we used to have. My first trip west, it taken me sixteen days to go from Jeffersonville to Phoenix, Arizona, eighteen hundred miles. But, my, the most of--'''it was 1926''', they had nothing but just old rock roads. I was a little boy setting there, holding this '''spool-top Ford'''; I thought I was making good time. Would took a horse two or three months to do it, if my daddy would've come.<ref>A.SUPER.SIGN_  GRASS.VALLEY.CA  JJ 141  SUNDAY_  62-0708</ref>
+''When the income tax put me under a burden the other day, and for checks that people had signed in a meeting, to pay off the meeting. The income tax went back fifteen years, and—and '''made me pay to them forty thousand dollars.''' I had to get men with collateral and things. And they’re setting right in this building now, to sign a ticket, that I could pay it off at four thousand dollars a year, or be brought in before the courts. I said, “I—I don’t owe it. Here is my sheets, of my income tax.”<63-0126 - Investments, para. 291</ref>
 ''Out into the land where this Message is going, from the East Coast to the West, from California to New York, down into the South, up into the North, out into the missions, and wherever It's going, and in this tabernacle. '''We are poor.''' We don't have these great, big, flowerly things, and television casts. We're just trying to do the best we can.<ref>THE.ANOINTED.ONES.AT.THE.END.TIME_  JEFF.IN  65-0725M</ref>