The Economic Policy of Pope Francis and the Challenges of the Vatican
April 28, 2025
Pope Francis lived a simple life, renouncing salaries and benefits, while the wealth of the Vatican amounts to 15 billion euros. Despite managing substantial assets, the Vatican recorded a significant budget deficit. The Pope encourages cardinals to live modestly to support the church's economy. The Vatican's real estate is its main asset, with over 5,500 properties worldwide.