Pope Francis standing with onlookers
Have you ever wondered how much the Pope earns or is worth? The facts may surprise you. Here is a summary of the current Pope’s financial status.
Earnings and Net Worth
Pope Francis technically earns nothing. But all living expenses and travel arrangements are covered. Not to say that he never will. His predecessor does receive a generous retirement package of around $3300 per month according to a recent article on the subject.
What is more surprising is Pope Francis’s net worth. Estimations have it somewhere between $25 to as high as $80 million. Even more surprising is that his net worth is considered low when compared to his predecessors.
The Wealth of the Vatican
The Vatican is one of the wealthiest places on the planet. The Vatican itself is only 110 acres in size and has a population of around 1000. While small it has investments that reach across the globe.
The financial details of the Vatican are shrouded in secrecy, but it is believed that the Vatican is worth over $15 Billion. Investments include stocks, bonds, and real estate. The Vatican also generates income from admission to its various monuments and museums. Finally, the church takes in donations and redistributes them into various investments.
Conflicting Information
There is information that claims that the Pope has no net worth to speak of. All that is said is that he is in control of the Vatican’s vast resources and that all his living expenses are covered. It is also difficult to find out how the Pope amassed his fortune if he has one.
Some claim that the Pope is a very wealthy man in control of a very wealthy organization. Others claim that the Pope has taken a vow of poverty and only his daily living expenses are covered by the church. All that is clear is that the Vatican itself is quite wealthy and has tremendous influence across the world.
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Based in the Pittsburgh, PA area, Brian holds full-time employment as a Warehouse Manager for an electronics firm. Brian enjoys wealth building, investing, gardening and the great outdoors. Brian holds a B.A. in Environmental Studies from the University of Pittsburgh and an MBA from Robert Morris University.
