Pope Francis Net Worth
Pope Francis Net Worth
Pope Francis is the head of the Catholic Church and sovereign of Vatican City since 2013. He is also the first Jesuit pope and the first from the Americas. Her net worth of $16 million.
He was born Jorge Mario Bergoglio on 17 December 1936 in Buenos Aires, Argentina. He grew up in a poor family and his childhood was filled with hardships.
1. Salary
Unlike most priests and cardinals, Pope Francis does not receive a salary. Instead, he relies on a charity fund called Peter’s Pence to fund his charitable work.
As a member of the Society of Jesus, Francis took a vow of poverty when he first entered the community. This means that he lives a modest life and shuns every worldly possession for the sake of Christ’s kingdom.
He has also been known to forgo some of the privileges enjoyed by previous popes. However, he still has access to a sizable charity fund which he shares with the needy.
In addition, the Argentinian pope has also been able to earn a decent amount of money through his social media accounts. He has millions of followers across many different platforms, so it’s no surprise that he gets some remuneration from them.
2. Income from Social Media
Pope Francis is the current head of the Catholic Church and has been in charge since 2013. He was born as Jorge Mario Bergoglio on 17 December 1936 in Flores, Buenos Aires, Argentina.
As a member of the Society of Jesus, Pope Francis has taken a vow to live a poverty-stricken life and has forgone the luxury of a high salary and perks. However, he does have access to a large amount of charitable funds that he uses freely and often.
He maintains many of the historic stances of the Church on issues like clerical celibacy and the ordination of women, but has been more progressive in other areas. For example, he has advocated for more openness toward LGBTQ people and has initiated a dialogue on the possibility of deaconesses within the Church. He also opposes unrestrained free-market economics and the world’s rising populist movements, and is concerned about climate change. He has also been instrumental in mending ties with Cuba and addressing the migrant crises in Europe and Central America.
3. Investments
During his tenure as the pope, Francis has made some significant investments in the Catholic Church. These investments include stocks, bonds, real estate and others.
In addition to his monetary assets, the Vatican also has millions of shares in various international corporations. This is a large part of the Church’s wealth and makes it one of the world’s richest institutions.
He has also been an active supporter of causes addressing climate change and helped restore diplomatic relations with Cuba. He has also fought for asylum seekers in Europe and Central America.
Despite his progressive views on many issues, Pope Francis upholds the Church’s traditional stances regarding abortion, clerical celibacy, and female ordination. He is also a vocal critic of unrestrained free market economics and the rise of populist movements. He believes that the Church should be more welcoming to LGBTQ people and supports legal recognition of same-sex couples.
4. Personal Assets
The Catholic church is a vast, wealth-accumulating institution that owns billions of dollars in assets and property. Pope Francis is the head of this church and, as such, has a huge amount of money to manage.
He has also made a considerable contribution to charity and philanthropic causes throughout his career. He is known for being a social justice activist and has helped resolve international diplomatic issues such as supporting refugee communities during the European and Central American migrant crises.
During his early life, Pope Francis worked as a bouncer and janitor before he decided to attend school to study chemical technician. He earned his diploma from Escuela Tecnica Industrial N 27 Hipolito Yrigoyen in Buenos Aires.
He is the eldest child of Mario Jose Bergoglio and Regina Maria Sivori, both Italian immigrants. He attended Wilfrid Baron de los Santos Angeles in Ramos Mejia, Buenos Aires, and then went on to Escuela Tecnica Industrial. He earned a diploma in chemical technician from the school and then went on to work in the food section of the Hickethier-Bachmann laboratory.
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