In Less Than Two Minutes, Learn How the Islamic State Makes More Than $1 Billion a Year | TheBlaze.com

In Less Than Two Minutes, Learn How the Islamic State Makes More Than $1 Billion a Year | TheBlaze.com:

"Every year, the Islamic State brings in more than $1 billion in revenue, making it not only one of the fastest-growing terror threats but also one of the wealthiest in the world.

From taxation and oil to ransoms and donations, the terror organization rakes in millions of dollars every year. In fact, according to a recent report from the U.K. Treasury, the Islamic State has raised $45 million in ransoms this year alone and al Qaeda has raised $125 million in ransoms since 2008.

However, due to the large swath of territory the Islamic State controls, taxation is by far the organization’s biggest money maker, with oil coming in second."