5 ms·

What are Jesus' numbers? I found Vatican's financial report, it seems to be a significantly smaller economy than that conglomerate: http://www.ior.va/content/d

What are Jesus' numbers? I found Vatican's financial report, it seems to be a significantly smaller economy than that conglomerate: http://www.ior.va/content/dam/ior/documenti/rapporto-annuale/ANNUAL-REPORT-2019_FINALE_en_min.pdf http://www.ior.va/content/dam/ior/documenti/rapporto-annuale...

lainga 6y ago
Jesus has significant but un-exercised IP rights on a lot of technologies underpinning the modern economy (e.g., all the waters under heaven, dry land, every living creature that moveth, etc.)
- RhodoYolo 6y ago
  This^ Most under-rated comment ever. Plus, maybe if you counted all the skisms (Mormonism, Protestant, etc.) i'm sure it'd outrank GMO.
- robertlagrant 6y ago
  Don't forget the ur-patent: There is nothing new under the sun.
- tempodox 6y ago
  And his father's Universal Replicator: creatio ex nihilo (creation from nothing). It has to be a heavily guarded secret, otherwise it would ruin physics as we know it.
omginternets 6y ago
The Vatican isn't Jesus, either. Your comment completely misses the mark.
- Alekhine 6y ago
  No, but according to doctrine, the Church is his bride, so it ought to be under a joint account at least.
akiselev 6y ago
According to [1], the Church is estimated to own over 170 million acres worldwide. Assuming that property is distributed evenly by land area, let's estimate that the Catholic church owns ~3.5 million acres in the United States and ~1.75 million in Europe (minus Russia). The value ranges from something like $100 million for an acre in NYC to $1,000/acre in Wyoming so even if you price each acre as Wyoming uninhabited wilderness they'd have $3.5 billion in assets. Considering how big churches, hospitals, and schools are and where they're built, I'd assume their assets average closer to $10k or $100k per acre, putting their wealth in the United States alone at $35 to 350 billion. In Europe, the numbers are probably even more skewed towards the higher end. As long as the global average per acre is $500 or more, they've got at least a trillion in wealth. Unlike the corporation, the Church is more decentralized and structured such that most of the revenue moving through that property (donations, tithes, salaries, maintenance, etc.) doesn't show up on the books. [1] https://archive.curbed.com/2017/10/18/16483194/catholic-church-gis-goodlands-esri-molly-burhans https://archive.curbed.com/2017/10/18/16483194/catholic-chur...
- true_religion 6y ago
  That’s not a liquid asset. If you sell your Church property in a neighborhood then you no longer exist there, and have automatically failed your duty as a Church. Unlike a regular business or charity, a church is expected to exist in perpetuity so long as there are people in the area.
- mensetmanusman 6y ago
  The Catholic church doesn’t globally pool their wealth. “ In 2010, the Vatican had an income of $326 million and ran a $13 million budget surplus, but in 2011 the Vatican ran a $19 million deficit. And while some of that money obviously went to maintaining church buildings and art, much of it also went to charitable causes. Recent re-evaluations of Vatican assets show that the Vatican has approximately $1 billion in total assets. For comparison, Harvard University’s endowment is over $30 billion. So, relatively speaking, the Catholic Church is not really wealthy, and no one blames museums for maintaining their art work and structures. “ The calculation above is like adding up all the wealth of people with the last name Smith.

lainga 6y ago

Jesus has significant but un-exercised IP rights on a lot of technologies underpinning the modern economy (e.g., all the waters under heaven, dry land, every living creature that moveth, etc.)

RhodoYolo 6y ago
This^ Most under-rated comment ever. Plus, maybe if you counted all the skisms (Mormonism, Protestant, etc.) i'm sure it'd outrank GMO.
robertlagrant 6y ago
Don't forget the ur-patent: There is nothing new under the sun.
tempodox 6y ago
And his father's Universal Replicator: creatio ex nihilo (creation from nothing). It has to be a heavily guarded secret, otherwise it would ruin physics as we know it.

omginternets 6y ago

The Vatican isn't Jesus, either. Your comment completely misses the mark.

Alekhine 6y ago
No, but according to doctrine, the Church is his bride, so it ought to be under a joint account at least.

akiselev 6y ago

According to [1], the Church is estimated to own over 170 million acres worldwide. Assuming that property is distributed evenly by land area, let's estimate that the Catholic church owns ~3.5 million acres in the United States and ~1.75 million in Europe (minus Russia). The value ranges from something like $100 million for an acre in NYC to $1,000/acre in Wyoming so even if you price each acre as Wyoming uninhabited wilderness they'd have $3.5 billion in assets. Considering how big churches, hospitals, and schools are and where they're built, I'd assume their assets average closer to $10k or $100k per acre, putting their wealth in the United States alone at $35 to 350 billion. In Europe, the numbers are probably even more skewed towards the higher end. As long as the global average per acre is $500 or more, they've got at least a trillion in wealth. Unlike the corporation, the Church is more decentralized and structured such that most of the revenue moving through that property (donations, tithes, salaries, maintenance, etc.) doesn't show up on the books. [1] https://archive.curbed.com/2017/10/18/16483194/catholic-church-gis-goodlands-esri-molly-burhans https://archive.curbed.com/2017/10/18/16483194/catholic-chur...

true_religion 6y ago
That’s not a liquid asset. If you sell your Church property in a neighborhood then you no longer exist there, and have automatically failed your duty as a Church. Unlike a regular business or charity, a church is expected to exist in perpetuity so long as there are people in the area.
mensetmanusman 6y ago
The Catholic church doesn’t globally pool their wealth. “ In 2010, the Vatican had an income of $326 million and ran a $13 million budget surplus, but in 2011 the Vatican ran a $19 million deficit. And while some of that money obviously went to maintaining church buildings and art, much of it also went to charitable causes. Recent re-evaluations of Vatican assets show that the Vatican has approximately $1 billion in total assets. For comparison, Harvard University’s endowment is over $30 billion. So, relatively speaking, the Catholic Church is not really wealthy, and no one blames museums for maintaining their art work and structures. “ The calculation above is like adding up all the wealth of people with the last name Smith.