Pope Francis notably rejected a €340,000 annual stipend since 2013 and opted for a simple life in the Vatican guesthouse. He drove a Ford Focus and famously sold a donated Lamborghini for nearly $1 million, donating the proceeds to charity.
These actions contrast sharply with the Catholic Church’s substantial financial holdings. Estimates place the Church’s net worth at a minimum of $73 billion, encompassing land, buildings, art, and investments. The Holy See’s assets alone were reported at 3.9 billion euros in 2021, representing a portion of the global total.
The figures highlight a clear divergence between the Pope’s personal choices and the institution’s wealth. While the Church manages vast assets, Pope Francis’s actions emphasized a focus on simplicity and charitable giving throughout his life.
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