How much money does the Vatican have? Pope Francis has this fortune in 2022

How much money does the Vatican have? Pope Francis has this fortune in 2022
2 min read
26 September 2022

Pope Francis does not receive a salary for his work, however, the pontiff can dispose of the 10 billion dollars from the Vatican

Pope  Francis is considered the highest representative of the  Catholic Church , and is also in charge of participating in different ecclesiastical meetings and administering aspects of the religious organization. But how much does the Holy See 's money amount to ? Here we mention some information that may interest you.

Jorge Mario Bergoglio took office on March 13, 2012 , after Benedict XVI resigned from office. The pontiff has also studied theology and philosophy.

How much money does Pope Francis have in his possession?

Pope Francis does not receive a salary, but he does have access to the Vatican's $10 billion to cover his expenses, according to the Times.

According to the American media, the Holy See has Italian shares valued at 1,600 million dollars . In addition, it has invested in different areas, such as construction, chemical products, insurance, real estate, banking, among others.

Does Pope Francis receive a salary?

Traditionally, the Popes receive a silver, copper and gold coin annually. According to the Catholic religion, when a supreme pontiff dies, these are kept in three different bags and placed in the coffin.

However, by having the Vatican budget, the religious leader can modify the salary received by the different authorities of the Catholic Church. For example, as a result of the pandemic in March 2021, he announced that the salary of cardinals would be reduced by 10% and the payroll of priests and religious by 3%.

The luxurious car that Pope Francis received as a gift

In 2017, Pope Francis received from Stefano Domenicali, CEO of the Italian company Lamborghini, a luxurious white car. The pontiff decided to contact RM Sotheby's and auction the supercar. The money obtained from the event was used for various projects around the world.

Pope Francis ' Lamborghini Huracán RWD was equipped with a 580-horsepower V10 engine and a unique 'Bianco Monocerus' body color and 'Giallo Tiberino' lines with details inspired by the Vatican flag.

The estimated price of the auction was between 300 thousand dollars and 415 thousand dollars, finally Francisco's Lamborghini Huracán reached the sum of 854 thousand dollars in the event.

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