3 ms·
To 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 relative
by javagram 7y ago
To 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...