What about the Pope’s wealth?
Despite not receiving a salary, the Pope is far from poor. Pope Francis’ net worth, which includes access to papal assets and Vatican-funded services, has been estimated at up to $12 million. This amount reflects the Pope’s special privileges and resources, which include property, vehicles, and charity donations.
For example, during his tenure, Pope Francis made large charitable donations, including $215,000 to support prisoners in Rome.
The Vatican’s financial landscape
The Vatican’s finances are supported by several sources, including donations from Catholics worldwide, income from tourism, and revenue from the Vatican Museums.
However, the Central Intelligence Agency’s World Factbook recorded that in 2013, the Vatican’s revenues were around $315 million, while its expenditures totaled approximately $348 million.
A different kind of wealth
While the Pope is not compensated in the usual sense, he has vast resources at his disposal. The Vatican ensures that all of his desires are met, including sumptuous accommodations and humanitarian contributions.
Regardless of these privileges, the Pope’s life is about service, and Pope Leo XIV is likely to continue in his predecessors’ footsteps by focusing on serving people rather than acquiring wealth.
