New Mormon apostle led a global temple building boom and has deep knowledge of church finances

New Mormon Apostle Gérald Caussé Joins Quorum of the Twelve Apostles

Gérald Caussé, a senior leader in The Church of Jesus Christ of Latter-day Saints, was appointed as the newest apostle on Thursday. At 62 years old, he now serves in the Quorum of the Twelve Apostles, an all-male leadership body just below the church president and his counselors.

Role and Responsibilities

As an apostle, Caussé helps shape church policies and oversees numerous business ventures affiliated with the faith. His position also places him in the line of succession for the church presidency, which is determined by seniority within the Quorum.

Background and Contributions

A native of France, Caussé spent the last decade as the presiding bishop, managing the church's finances and welfare programs. Under his guidance, humanitarian spending increased significantly, and the church expanded its network of magnificent temples worldwide, sites for the faith’s most sacred rites.

Church Finances and Holdings

The church, often referred to as the Mormon church, keeps its financial details private. However, recent reports from its investment branch, Ensign Peak Advisors Inc., estimate the portfolio’s value at $58 billion. The church holds diverse assets including:

Caussé brings to the panel an intimate knowledge of the church’s vast finances.

The church’s global temple building boom and expanded humanitarian efforts reflect Caussé’s extensive influence before becoming an apostle.

Summary: Gérald Caussé, with deep expertise in church finances and leadership, now serves as an LDS apostle, overseeing spiritual guidance and a broad portfolio of church interests worldwide.

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Orlando Sentinel Orlando Sentinel — 2025-11-07

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