Gary E. Stevenson Net Worth 2024, Salary, Earnings: Gary E. Stevenson is a prominent LDS Church leader and successful businessman with an estimated net worth of $10-15 million in 2024, primarily derived from his co-founding role at ICON Health & Fitness, though his current focus is on religious service rather than personal earnings.
Key Takeaways
- Gary E. Stevenson is a member of the Quorum of the Twelve Apostles of The Church of Jesus Christ of Latter-day Saints.
- He co-founded ICON Health & Fitness and has significant business experience.
- Stevenson served as the Presiding Bishop of the LDS Church from 2012 to 2015.
- His net worth is estimated to be substantial due to his business ventures.
- He has been involved in various humanitarian efforts through the LDS Church.
Early Life and Education
Gary Evan Stevenson was born on August 6, 1955, in Ogden, Utah. Raised in Cache Valley, Utah, Stevenson grew up in a Latter-day Saint family that instilled in him the values of faith and hard work. He attended Utah State University, where he earned a Bachelor of Science degree in business administration from the Jon M. Huntsman School of Business.
Personal Life and Family
In April 1979, Stevenson married Lesa Jean Higley in the Idaho Falls Idaho Temple. The couple has four sons together. Family has remained a central focus throughout Stevenson’s life, balancing his professional and ecclesiastical responsibilities with his role as a husband and father.
Business Career and Entrepreneurship
Stevenson’s business acumen became evident early in his career when he co-founded ICON Health & Fitness, Inc., a company that would become a major player in the exercise equipment manufacturing industry. As president and chief operating officer, Stevenson helped guide the company to significant success, establishing himself as a savvy entrepreneur and business leader.
Church Service and Leadership
Stevenson’s dedication to his faith led him to serve in various capacities within The Church of Jesus Christ of Latter-day Saints:
- Full-time missionary in the Japan Fukuoka Mission
- Bishop and high councilor
- President of the Japan Nagoya Mission (2004-2007)
- Member of the First Quorum of the Seventy (2008-2012)
- Presiding Bishop (2012-2015)
- Member of the Quorum of the Twelve Apostles (2015-present)
His appointment to the Quorum of the Twelve Apostles on October 3, 2015, marked a significant milestone in his ecclesiastical service.
Humanitarian Efforts and Global Outreach
As part of his church responsibilities, Stevenson has been involved in numerous humanitarian efforts worldwide. He has visited various countries, including the Democratic Republic of the Congo and Tanzania, to oversee church projects and provide support to local communities. His work has focused on improving education, healthcare, and overall quality of life for people in need.
Net Worth and Financial Influence
While exact figures are not publicly disclosed, Gary E. Stevenson’s net worth is believed to be substantial ($10-15 million Approx.), primarily due to his successful business ventures. His role in founding and leading ICON Health & Fitness likely contributed significantly to his wealth. However, it’s important to note that as a leader in the LDS Church, Stevenson’s focus has shifted from personal wealth accumulation to service and philanthropy.
Controversies and Challenges
Stevenson’s business success and church leadership have not been without challenges. In 2021, his involvement with iFIT Health & Fitness (formerly ICON) raised questions about potential conflicts of interest with his church responsibilities. The LDS Church stated that Stevenson had received a special dispensation to serve on the company’s board, citing his legacy shareholdings and role as a co-founder.
Recent Activities and Influence
In recent years, Stevenson has continued to be an active voice in the LDS Church:
- Threw the ceremonial first pitch at a Kansas City Royals game in 2024
- Presented personalized pedigree charts to 12 U.S. governors during a National Governors Association meeting
- Led worldwide discussions for youth on discipleship
- Visited church members and missionaries in various countries, including the Philippines
Education and Continuous Learning
Stevenson’s commitment to education extends beyond his own academic achievements. He has served on advisory boards for educational institutions, including the Marriott School of Management National Advisory Council and the Utah State University Foundation Board. In 2023, Utah State University awarded him an honorary doctorate in business, recognizing his contributions to the business world and global community.
Leadership Style and Philosophy
Those who have worked with Stevenson describe him as a leader with an “understanding heart.” His approach combines business acumen with compassion, often emphasizing the importance of faith, family, and service in both personal and professional settings. Stevenson’s leadership style reflects a balance between practical business sense and spiritual guidance.
Impact on the LDS Church and Beyond
As a member of the Quorum of the Twelve Apostles, Stevenson plays a crucial role in shaping the policies and direction of the LDS Church. His business background brings a unique perspective to church leadership, particularly in areas of finance and administration. Beyond the church, Stevenson’s influence extends to various civic and business circles, where he continues to be respected for his insights and experience.
Gary E. Stevenson’s life journey from a small-town upbringing to becoming a successful businessman and influential religious leader is a testament to his dedication, skills, and faith. While his net worth reflects his business success, Stevenson’s true wealth lies in his contributions to his church and communities worldwide. As he continues in his role as an apostle, Stevenson’s blend of spiritual leadership and practical wisdom continues to impact both the LDS Church and the broader global community.
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