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www.Quotes-Watchtower.co.uk

Finance - Watchtower Revenues Near $1 Billion Dollars

The Watchtower made it into  New York’s top 40 corporations in 2001 with revenues touching $1 Billion dollars per annum. When you add this to the real estate they own, the Bethels and the Kingdom Halls, it probably makes them one of the richest printing companies in the world. Also see Donations.

Newsday.com, article on the top-40 New York corporations in 2001.

[Online article available]

Watchtower Bible & Tract Society of New York

25 Columbia Heights, Brooklyn, 11201

718-560-5000

www.jw-media.org

Revenue: $951 million

Industry: Publishing

President: Milton Henshel

Employees: 3,415

It takes a lot of printing to supply more than 6 million Jehovah's Witnesses with the materials for their ministry. One publication, Watchtower, now has an average print run of 23 million copies twice per month, an increase of 7.5 percent over last year.

"Our report for the year is different from a Wall Street company," said vice president George Couch. Indeed, the company's employees are volunteers who live and work in the Brooklyn complex.

 

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