- Posts: 51
- Joined: 01 Dec 2018
ex-l wrote:As their numbers decline, through demographics or yet another failure of Destruction to come and save them, they will be able to sell off all the properties one by one and use that capital to live off, retreating back to headquarters. They will change BKism yet again to become just some weekend thing, like the Christians with their Sunday morning 'take' on people's lives.
Even if we go by conservative estimates, BK real estate is worth anywhere between $0.5 Billion to $1 Billion US Dollars, as of today. If there is no major property bubble burst, which is unlikely for the plots in India (apartments will see stagnation and even depreciation as the building gets old but all the properties owned by the BKs are all built on independent plots, so even if the building gets old, the plot is still gold), the value will go north over period of time. They may even be worth 2 Billion upwards if you consider overseas properties and other cash inflows.
Here is the ball park estimate of their wealth:
- 1. 10 A1 cities in India with at least 25 BK centers (10*25=250) * 2 Crore INR = 500 Crores INR
2. 20 A cities in India with at least 15 to 20 centers (20*15=300) * 1.5 Crore INR = 450 Crores INR
3. Retreat centers, at least 3 in each of the 29 states in India. These are 1 to 2 acre places which were on the
outskirts but now command a good real estate value. These kind of places are most sought after places to build
apartment complexes. (3*29=87) * 10 Crores INR = 870 Crores INR
4. 22 B1 cities in India with 10 centers (22*10=220) * 0.75 Crores=165 Crores INR
5. 40 B2 cities in India with 7 centers (40*7=280)*0.6 Crores=168 Crores INR
6. 300 C towns in India with 3 centers (300*3=900)*0.5 Crores=450 Crores INR
7. 1,000 other towns in India with 1 center (1,000*1=1,000)*0.5 Crores per center=500 Crores INR
Overseas properties are not considered here as I do not know approximately how many are owned and how many belong to the followers. ~3,000 centers in India are considered out of the 8,500 worldwide centers what they claim. I am not sure if the Geetha Paatashalaas are also included in this 8,500 centers.
Mind you, if they really have 8,500 centers including Geetha Patashalas, 8.5K - 3K = 5.5K. Even if 2.5 K are Geetha patashalas and the remaining 3K are full fledged centers are rented ones, these 2.5K ardent followers running the Geetha Pathashalas will end up giving their everything as they age to secure a "good" place.
Secondly, liquid Cash Flow
- 9,00,000 followers contributing regularly at their centers and the additional revenue to Mt. Abu with an average foot fall of 20,000 followers per Milan (total 12 Milans in a year=2,40,000 visitors). This is a recurring thing happening from several decades and by now the BKs will already be sitting on a big cash pile (numbers were less in the initial few decades but has picked up well from the 90s onward).
Of course, they also spend a lot on public programs, again this is also partially funded by the local BK center zones who will in turn collect additional money from the followers. I really do not know the ratio of contribution by the local centers and from the head quarters.
- 1. Aged followers donating their savings and their share of the property in the hope of supporting God's cause and to earn good name in the books of the Sisters (who will pamper the donors with special treatment) and Baba.
2. All the Kumars (worker bees) who are working in a real job and collecting the honey in the form of salary, pension fund/retirement money they would have written their will to the BKs. I remember some very senior Brother mentioning this topic in Mt. Abu special classes in a subtle way and trigger your subconscious mind to write a will to the organization. This I think they will repeat in every season and also indirectly train the teachers to tell so in individual centers.
(For example, in the headquarters, in a teacher specific Bhattis, they might teach that it is the responsibility of the teacher to ensure the followers at the respective center to use their earnings and wealth and inherited property for the Yagya the benefit of which will be earned by the teacher as well as the follower in Satyayug).
As per Indian laws, the girls are also entitled for ancestral property share. Out of thousands of surrendered teachers, at least few hundreds will inherit some property or cash in lieu of property which I guess will go to the BK coffers.
3. I think the newly surrendered Sisters' parents donate some good money (this is my guess) which in any case in Indian scenario will be saved for their daughter's wedding. Periodically, they will also get some good pocket money too. Again, there will be haves and the have nots among the surrendered Sisters based on their Parent's financial condition. Because of the uniform and other common rules, I hope the disparity is not a major problem)
4. They take outside donations from non followers, there is no much force or compulsion, but they do take it. I do not have any info/data on this.