Search results
Results From The WOW.Com Content Network
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 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.
A 2012 report from the Council of Europe identified the value of a section of the Vatican's property assets as an amount in excess of €680 million (£570 million); as of January 2013, a papal official in Rome named Paolo Mennini manages this portion of the Holy See's assets—consisting of British investments, other European holdings and a ...
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 1974 failure of Sindona's Franklin National Bank and the subsequent collapse of his financial empire, into which he had channeled part of the Holy See's investments, entailed losses for the Vatican estimated by one source at 35 billion Italian lire (£20 million). [23] [24] [25] [26]
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 ...
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 ...
A cardinal who allegedly induced an underling to lie to prosecutors. Brokers and lawyers who pulled a fast one over the Vatican No. 2 to get him to approve a disastrous real estate deal. A self ...