The estimated net worth of Pope Francis is $2.5 million.
Among being a religious center for a large percentage of the population, the Vatican is also one of the richest entities on the planet. It is common for people to know if the Pope controls the wealth of the entire church?
The Roman Catholic church has been rocked by various moral and financial scandals throughout history. In modern times people ask how wealthy are the individual priests, bishops and cardinals who run the church – including the Pope himself.
It may come as a surprise that each Pope has his own personal wealth that is separate from the Vatican’s coffers. Pope Francis, who was born Jorge Mario Bergoglio, is the first Jesuit Pope in the history of the organization.
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Pope Francis was born in Argentina and is the 266th person to hold the office. He started off as both a janitor and a bar bouncer before working in a chemical laboratory as a young adult. He loved and still enjoys both Tango and soccer at the casual level.
Jorge Mario Bergoglio completed his lower levels in Buenos Aires and then completed his education at Escuela Technical Industrial technical secondary school in Hipolito Yrigoyen. He went on to obtain certification to become a chemical technician. Pope Francis also studied at the Archdiocesan Seminary and Inmaculada Concepcion Seminary once he decided to become a priest.
How Did The Pope Build Their Net Worth?
So, how rich is the Pope? Pope Francis is worth an estimated $2.5 million Euro personally. His income is mainly derived from monthly salary payments from the Vatican that are provided during his tenure. Pope Francis used to go to confession on a regular basis and was inspired to become a priest. In 1960, once he completed his novitiate in the society of Jesuit, he made a vow of perpetual poverty.
The Pope has a monthly allowance granted by his position and will also continue to receive a stipend until his death. Being that he is the Pope, the bulk, if not all of his expenses are covered by the Vatican coffers leaving him with no expenses. Lack of need for fluidity has allowed him to save all of his earnings since his tenure as Pope and even before taking office when he was serving the Vatican in a different role.
Though Pope Francis's main goal on social media is to uplift the community, the fact that he has millions of followers has added to his income stream. He boasts over 15 million followers over several social media platforms. He does not give sponsored posts, however, the nature of most accounts with larger numbers of followers results in a generous amount of remuneration. As will most of his income, he uses it almost exclusively on those in need or other philanthropic efforts.
The Pope’s Productivity Habits
Pope Francis has a variety of habits that he follows to maintain piety and devotion. While you may wonder how rich is The Pope, he actually spends most of his income on charity. He dedicates a generous portion of his time to humanitarian endeavors as well as teaching the next generation of spiritual leaders how to navigate the problems of the future. He also works on many efforts around the world to end human rights violations.
How Rich is The Pope?
How much is The Pope worth? He has a personal net worth of $2.5 million euro, much of which is used to maintain his properties and for charity.