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As is always pointed out here wealth and income are two different things. Catholic dioceses are independent financial entities but even the nation-level parts
by wavefunction 7y ago
As is always pointed out here wealth and income are two different things. Catholic dioceses are independent financial entities but even the nation-level parts of the Catholic church are fabulously wealthy with real-estate and art work and other assets of significant value.
The Catholic Church of Germany is worth an estimated $25,000,000,000. The Catholic Church of Australia is estimated to be worth around $20,000,000,000. Opus Dei which is a weird Catholic-supremacist group is worth $2,000,000,000 alone. The wealth of the Vatican is unknown and likely far far higher.
https://en.wikipedia.org/wiki/List_of_wealthiest_organizations#Religious_organizations https://en.wikipedia.org/wiki/List_of_wealthiest_organizatio...
- javagram 7y agoTo be clear this measure of wealth is based mostly on real estate and artwork, correct? The Vatican itself runs a deficit every year and the budget is relatively small - https://en.wikipedia.org/wiki/Economy_of_Vatican_City https://en.wikipedia.org/wiki/Economy_of_Vatican_City - as the article notes, it is plugged with donations from Catholics across the world via Peter’s pence. As a catholic I’d rather not have my church sell off all our priceless artworks and churches to private collectors and landlords...