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Organization Worth (billion USD) Country Religion/Belief Notes The Church of Jesus Christ of Latter-Day Saints: 265.0 United States Non-Trinitarian Christianity
The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione; Latin: Institutum pro Operibus Religionis; abbreviated IOR), [4] [5] commonly known as the Vatican Bank, is a financial institution [2] that is situated inside Vatican City and run by a Board of Superintendence, which reports to a Commission of Cardinals and ...
Rothschild loans to the Holy See refers to a series of major financial loans arranged between the Rothschild family and the Holy See of the Catholic Church. The first loan, which occurred in 1832, took place in the aftermath of the Napoleonic Wars during the pontificate of Pope Gregory XVI (involving James Mayer de Rothschild and Carl Mayer von ...
Pope Francis called on the world's Catholic cardinals, many of whom live in Rome and lead Vatican offices, to pursue a "zero deficit" agenda to improve the Vatican's use of its economic assets.
The economy of Vatican City is mainly supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Vatican City employed 4,822 people in 2016.
If you'd prefer to watch the midnight mass live, you can stream it on the Vatican Youtube Channel. The Mass begins Dec. 24, at 1:30 p.m. ET ( 7:30 p.m. Central European Standard Time).
The Vatican on Friday reported that a key charitable fund, Peter's Pence, doubled its income in 2022 to 107 million euros, or more than $166 million, even as donations from the faithful dipped ...
The Vatican finances were on the verge of bankruptcy prior to being bolstered by $92.1 million (750 million lire cash and another 1 billion lire in Italian government bonds) which the Vatican received as a consequence of the Lateran treaties in 1929, [12] as compensation for the occupation and annexation of the Papal States by the Italian Government in 1861 and 1870.