Universal Church of the Kingdom of God Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ==Influence== According to ''[[Forbes]]'' magazine, {{as of|2015|lc=y}} Macedo had a personal fortune estimated at US$1.1 billion, largely from his ownership of RecordTV, the second largest broadcaster in Brazil.<ref name=forbes2015>{{cite web |url=https://www.forbes.com/profile/edir-macedo/ |title=The World's Billionaires: 2015 Ranking - #1638 Edir Macedo & family |website=Forbes |date=2015|access-date=17 March 2015 |quote=The bulk of Macedo's fortune stems from his ownership of RecordTV, Brazil's second-largest broadcaster, which he acquired in 1990 from entertainer Silvio Santos for just $10 million.}}</ref> The UCKG's continuing growth, and controversies since Macedo purchased RecordTV, attracted frequent media attention. In addition, claims against the church, together with government efforts related to other investigations, have caused a review of its operations. In 2013, Macedo acquired a 49% stake in the privately held bank [[Banco Renner]], which charges some of the highest interest rates in Brazil. The source of funding to buy the bank is unclear; some reports alleged that Macedo used church funds, but he refused to comment.<ref name=forbes2015/> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page