How Much Money Does The Pope Get Paid? - Grunge (2024)

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How Much Money Does The Pope Get Paid? - Grunge (1)

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ByPauli Poisuo

Despite presiding over the smallest country in the world, the Pope is one of the most influential leaders of the world, what with the whole "head of one of the world's most influential religions" situation and everything. Seeing as the Supreme Pontiff of the Catholic church is a massively powerful religious leader and the head of Vatican, a place with no shortage of opulent riches and dark secrets, it's easy to assume that the man in white has enough dough to spend his off hours swimming in gold coins, Scrooge McDuck-style. After all, if power translates to money, wouldn't a position as prestigious as this virtually guarantee that the Pope is, as they say, loaded? Or, at the very least, compensated extremely generously for his important job? Let's see just how much the Pope is paid.

The Pope is paid a lot less than you'd think

How Much Money Does The Pope Get Paid? - Grunge (2)

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Turns out, the Pope is not exactly the CEO of a large company, so a hefty salary is not a given. In fact, according to the Irish Times the Vatican has outright stated that the Pope "does not and has never received a salary." On the contrary, despite all the riches of the Vatican the Pope technically presides over, when a pope-elect prepares to be fully Poped up, he tends to personally become quite a bit poorer, as all his private property is generally either transferred to his family, placed in a foundation or trust, or just given to the Church. Not that this is a huge deal for the current incumbent, as Francis II is under a Jesuit vow of poverty.

Popin' for a profit

How Much Money Does The Pope Get Paid? - Grunge (3)

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That's not to say that popes can't use their influence to gain a hefty bank account, though. While the current incumbent, Francis II, doesn't strike you as a particularly money-grabbing sort of fellow, history knows plenty of popes who were actually terrible people — and who have leveraged said terribleness into assorted deeds of debauchery and corruption. One guy, Pope Benedict IX, even sold the papacy itself away once. Oh, and speaking of Benedicts, the Pope Emeritus Benedict XVI, who retired in 2013, does reportedly receive a monthly pension of $2,736, plus continues to enjoy all the comfort, privacy, legal security and protection that living in the Vatican allows.

Pontifex carnal

How Much Money Does The Pope Get Paid? - Grunge (4)

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The Pope might not draw a salary, but the gig is for life (unless you pull a Benedict XVI and retire), and as anyone who has seen the Vatican can attest, the incumbent is not exactly living in poverty. He has his own bulletproof Popemobile, for crying out loud!Therefore, many popes in history have opted to skip the "amass great personal wealth" part in favor of going with the thing that is often less readily available for high-ranking, elderly clergymen:Debauchery.

Leo XIII, for instance, was very much into a cocaine-infused wine calledvin mariani, to the point that he had a special, golden hip flask that he carried around to ensure that a buzz was always readily available. John XII was reportedly into murder and shady bedroom antics. Urban VI and Innocent IV were both torture guys. Sergius III? The word "p*rnocracy" has been used to describe his tenure. Oh, and remember Benedict IX, the "sold the papacy" guy?He committed at least bribery, adultery and, surprise surprise, selling church offices, a.k.a. simony ... along with being accused of murder and increasingly awful sex crimes. You'd think they'd retired the name after that, but apparently, seven Benedicts so far have felt otherwise.

The Popes of the past were in a unique position to make big bucks if they wanted

How Much Money Does The Pope Get Paid? - Grunge (5)

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While the popes of the modern world are unlikely to run rampant in the way some of their historical predecessors have done, the HolySee's history has made it clear that certain popes of the past who opted to take the "dolla dolla bill y'all"approach to their poping were in an extremely handy position to do just that. Here, we must mention Pope Alexander VI, a powerful member of the Borgia family who more or less bribed his way to papacy and proceeded to put a good chunk of his family in powerful positions within the church. He also earned very nice amounts of money from his side hustle, which was selling cardinal positions to the candidates with the deepest pockets.

Another prime candidate for the prestigious "most enterprising pope"award is Sixtus IV, who Encyclopedia Britannicanotes is the guy who came up with indulgence — a concept that allowed living people to make donations to the church in order to shorten their dead loved ones' time in purgatory.Oh, and healso licensed a bunch of brothels. Did this technically make him both a popeanda pimp?That's probably one of those thoughts that earned you an extra ten years in the purgatory — unless you remembered to tell your loved ones to keep up the indulgence payments to the guy.

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How Much Money Does The Pope Get Paid? - Grunge (2024)

FAQs

How much do the popes get paid? ›

As the Bishop of Rome and Supreme Pontiff of the Roman Catholic Church, Pope Francis does not receive any salary. (In fact, no bishop receives a salary.) All of his living expenses and any financial needs are provided out of the resources held by the Holy See.

What is pope St Francis net worth? ›

Key Points. Pope Francis is in charge of the Catholic Church and lives in Rome and has a net worth of $25 million, according to Forbes.

How much is the Pope and Vatican worth? ›

Bankers' best guesses about the Vatican's wealth put it at $10 billion to $15 billion. Of this wealth, Italian stockholdings alone run to $1.6 billion, 15% of the value of listed shares on the Italian market. The Vatican has big investments in banking, insurance, chemicals, steel, construction, real estate.

How much money did Pope Benedict have? ›

Some estimates show Pope Benedict's net worth was approximately $2.5 million. After he stepped down as the head of the Catholic Church, he continued to receive a monthly pension of about $3,300, CNBC reported in 2013. He was buried on January 5, 2023, in St. Peter's Basilica, Vatican City.

Does pope have a private jet? ›

Contrary to other governments, which own aircraft that shuttle heads of state around, the Vatican doesn't own a jet that can fly long distances. Since Pope Paul VI, Italian flag carrier Alitalia has been tasked with ferrying the pope on his missions out of Rome (more later on how he gets back.)

Where does the pope's money come from? ›

Peter's Pence, a special type of donation wherein Catholics donate directly to the Pope at a designated time every year, comprise 6% of the income of 2022. Lastly, Tourism and the Institute for Works of Religion, the private bank of the Holy See, bring in the remaining 5%.

Does Pope Francis have a child? ›

Although Pope Francis does not have a wife or daughter, his personal story is one of dedication, sacrifice, and unwavering commitment to his role as the spiritual leader of the Catholic Church.

Does the Pope have a mobile phone? ›

However, it is not uncommon for modern religious leaders, including the Pope, to have access to mobile communication devices for staying in touch with the Vatican, other church leaders, and people around the world.

How much do cardinals get paid in the Vatican? ›

The current cardinal's stipend is 4,500 euros per month, available to cardinals living in Rome. The rescript did not specify how a fair market rent for a property within Vatican City would be determined, or who would be expected to rent one if not a Vatican City resident or employee.

What is the richest church in America? ›

List of wealthiest religious organizations
OrganizationWorth (billion USD)Country
The Church of Jesus Christ of Latter-Day Saints265.0United States
Catholic Church in Germany47.24 to 265.62Germany
Tirumala Tirupati Devasthanams(TTD)31.11India
Muhammadiyah27.96Indonesia
10 more rows

Does the Catholic Church own Bank America? ›

In summary, a few Church entities may own a few shares in BOA, but it's not a significant amount, certainly not enough for the Church to control the b=BOA, no the BOA to control the Church. Considering the BOA is a publicly traded company it is quite possible that the Catholic Church owns some amount of shares.

Which pope spent the most money? ›

Excessive spending

Leo was renowned for spending money lavishly on the arts; on charities; on benefices for his friends, relatives, and even people he barely knew; on dynastic wars, such as the War of Urbino; and on his own personal luxury.

What is Pope Francis' salary? ›

Popes usually get paid hendsomely, the current wage he gets is $32,000 on a monthly basis but he refused to get any of that money. Instead, Pope Francis decided to either donate this money to the church, use it to endow a foundation, placed in trust or pass it on to a family member.

Why is the Pope buried in three coffins? ›

Part of the ritual of burying a Pope includes “the ritual of three coffins.” The first is a cypress wood coffin and it symbolises humility and that the Pope was an ordinary human being. Included in the coffin will be a copy of the funeral mass and bags of gold, silver and copper coins.

Who owns the Vatican Bank? ›

The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione; Latin: Institutum pro Operibus Religionis; abbreviated IOR), commonly known as the Vatican Bank, is a financial institution that is situated inside Vatican City and run by a Board of Superintendence, which reports to a Commission of ...

What is the salary of a Catholic cardinal? ›

The current cardinal's stipend is 4,500 euros per month, available to cardinals living in Rome. The rescript did not specify how a fair market rent for a property within Vatican City would be determined, or who would be expected to rent one if not a Vatican City resident or employee.

How much do you get paid at the Vatican? ›

The average Vatican City salary ranges from approximately $94,482 per year (estimate) for an Automation Design Engineer to $110,621 per year (estimate) for a Software Engineer. The average Vatican City hourly pay ranges from approximately $20 per hour (estimate) for a Clergy to $29 per hour (estimate) for a Priest.

Do Vatican priests get paid? ›

Salary Recap

The average pay for a Priest is €38,377 a year and €18 an hour in Vatican Rome, Italy. The average salary range for a Priest is between €27,440 and €46,283. On average, a Master's Degree is the highest level of education for a Priest.

Is the Catholic Church the richest organization in the world? ›

It's also one of the wealthiest. The church has vast assets, including billions in real estate and some priceless art, not to mention the Vatican Bank. But its finances are largely secret. Tallying that immense wealth is pretty much impossible, according to experts.

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