M Russell Ballard Net Worth (Updated 2025).

M. Russell Ballard, born in 1928, began his career in the business world, a path that would eventually lead him to international recognition. Raised in Salt Lake City, Utah, he graduated from the University of Utah and later earned an MBA from the University of California, Los Angeles. Ballard’s professional journey took off when he joined the insurance industry, climbing the ranks to become the CEO of the Ball Corporation, a position he held for nearly two decades.

In 1985, M. Russell Ballard’s life took an unexpected turn when he was called to serve as a General Authority of The Church of Jesus Christ of Latter-day Saints. This marked the beginning of his rise to fame within the religious community. He served in various capacities, including as a member of the Quorum of the Twelve Apostles, a position he still holds today. Ballard’s insightful teachings and dedicated service have made him a prominent figure in the LDS Church, with a global following.

M. Russell Ballard’s Current Net Worth (2025)

As of 2025, M. Russell Ballard’s estimated net worth is around $10 million. This figure is based on the latest available information and takes into account his career in the LDS Church and other ventures.

Career

M. Russell Ballard serves as a senior apostle and acting president of the Quorum of the Twelve Apostles in The Church of Jesus Christ of Latter-day Saints (LDS Church). He has held this position since 2008, previously serving in various other capacities within the church since 1974. Before his ecclesiastical career, Ballard worked in the aerospace industry and served as a U.S. Navy pilot.

Other Ventures

In addition to his ecclesiastical duties, Ballard has been involved in various other ventures. He has served on the board of directors for several organizations, including the Boy Scouts of America and the Utah Valley University Foundation. He has also been involved in politics, serving as a delegate to the Republican National Convention in 1984 and 1988.

Assets

Ballard’s assets include properties in Utah and other states, as well as investments in various companies. He has also authored several books on religious topics. However, the exact value and details of these assets are not publicly disclosed.

Annual Income

As a religious leader, Ballard’s annual income is not publicly disclosed. However, it is known that LDS Church leaders do not receive a salary for their ecclesiastical duties. They typically maintain their previous careers or investments for financial support.

Frequently Asked Questions about  M Russell Ballard

**Q: Who is M. Russell Ballard?**

M. Russell Ballard is a prominent figure in the Church of Jesus Christ of Latter-day Saints (LDS Church). He is a member of the Quorum of the Twelve Apostles, one of the highest governing bodies of the church.

**Q: When was M. Russell Ballard born?**

M. Russell Ballard was born on October 8, 1928, in Salt Lake City, Utah.

**Q: What is M. Russell Ballard’s occupation?**

M. Russell Ballard is a religious leader. He has served in various capacities in the LDS Church, including as a general authority and as a member of the Quorum of the Twelve Apostles since 1985.

**Q: Is M. Russell Ballard related to the Mormon church’s founder?**

Yes, M. Russell Ballard is a great-grandson of Hyrum Smith, the brother of Joseph Smith, the founder of the LDS Church.

**Q: What is M. Russell Ballard’s net worth?**

As of the latest estimates, M. Russell Ballard’s net worth is approximately $10 million.

**Q: How has M. Russell Ballard contributed to the LDS Church?**

M. Russell Ballard has made significant contributions to the LDS Church through his teachings, leadership, and service. He has been a strong advocate for the church’s welfare program and has traveled extensively to speak and teach about the church’s message.

**Q: What are some of M. Russell Ballard’s notable speeches?**

M. Russell Ballard has given many notable speeches, including “The Power of the Priesthood,” “The Miracle of Forgiveness,” and “The Abundant Life.”

**Q: Has M. Russell Ballard written any books?**

Yes, M. Russell Ballard has co-authored several books, including “Our Search for Happiness” and “An High Priest of Good Things to Come: The Life of David O. McKay.”

**Q: What is M. Russell Ballard’s stance on social issues?**

As a leader in the LDS Church, M. Russell Ballard’s views on social issues align with the church’s official positions. He has spoken out on topics such as family, marriage, and religious freedom.

**Q: What is M. Russell Ballard’s family life like?**

M. Russell Ballard is married to Barbara Bowen Ballard. They have four children together. He also has a large extended family, as he comes from a prominent LDS family.