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Catholic Church in Germany: 47.24 to 265.62 Germany: Catholicism: Some sources suggest a value as high as $265.62 billion, while others put it closer to $47.24 billion due to limited public data on the Church's finances. Former totals the value of land, real estate, investments and holdings of the Catholic Church and its institutions. [2] [3]
The assets entrusted to the administration (previously in the care of what was its Extraordinary Section) were initially 750 million Italian lire (at that time equivalent to £8,152,000) in cash and 1 billion Italian lire (at that time equivalent to £10,869,000) in Italian State bonds, an amount less than Italy would have paid under the Law of Guarantees of 1871, if the Holy See had accepted ...
A decree of the Congregation of the Council [5] declares that the vesting of the title to church property in a board of trustees is a preferable legal form, and that in constituting such boards in the United States, the best method is that in use in New York, by which the Ordinary, his vicar-general, the parish priest, and two laymen approved ...
Meanwhile, the church moved the majority of its income-generating assets (which in the past included a great deal of land, but today mostly take the form of financial stocks and bonds) out of the hands of individual clergy and bishops to the care of a body called the Church Commissioners, which uses these funds to pay a range of non-parish ...
The Catholic Church, ... 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 ...
Within the Catholic Church, this was an issue for bishops and abbots in the Middle Ages as they were often of noble birth and so would often have both property and recognised heirs. Under the Council of Trent [ 2 ] inventories, were required of substantial officeholders on an annual basis, and were not to be administered by the officeholders ...
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According to a study from 2015, Christians hold the largest amount of wealth (55% of the total world wealth), followed by Muslims (5.8%), Hindus (3.3%), and Jews (1.1%). ). According to the same study it was found that adherents under the classification "Irreligion", or other religions, hold about 34.8% of the total global