Search results
Oct 1, 2020 · The Vatican released its most detailed-ever financial figures on Thursday, acknowledging it might have been swindled before but promising the faithful who have been shocked by money scandals that...
Dec 5, 2014 · An investigation by the Economist estimated that the American Catholic church alone – which has the fourth largest follower base by country, behind Brazil, Mexico and the Philippines – spent...
- Churches in Australia, Germany and The U.S.
- The Vatican Bank and The Holy See’s Assets
- The Vatican Museums
- Other Incalculable Assets
A 2018 investigation by The Age, an Australian newspaper, found that the assets and investments of the Australian Catholic Church in the state of Victoria were worth more than $9 billion in Australian dollars. The Age extrapolated from that figure that the church holds more than $30 billion AUD in assets across Australia.That’s roughly $25 billion ...
Financial statements from 2021 show that the Institute for the Works of Religion, also known as the Vatican Bank, earned a net profit of 18.1 million euros and had a total of roughly 2.8 billioneuros in assets, which amounts to more than $3 billion after adjusting for inflation. The Vatican City bank is a private financial institution, with no bran...
The Vatican houses tens of thousands of pieces of art in its 26 museums,including the Sistine Chapel, which contains works from some of the most renowned artists in history. There’s Raphael’s fresco “The School of Athens” and Michelangelo’s fresco “The Creation of Adam.” In 2004, a Vatican accountant said that St. Peter’s Basilica and the Sistine C...
The Catholic Church’s property across the globe spans nearly 277,000 square miles, which is just about the size of Texas, said Gerald Posner, author of “God’s Bankers: A History of Money and Power at the Vatican.” “That includes embassies, churches, cathedrals, monastery schools and convents,” Posner said. And some of that real estate is very valua...
^ "With net net worth of over Rs 2.5 lakh cr, Tirupati temple is richer than Wipro, Nestle, ONGC". The Economic Times. Retrieved 2023-01-28. ^ "Holy orders: Germany's Catholic Church counts its many financial blessings". www.handelsblatt.com. Retrieved May 18, 2020.
Aug 13, 2015 · The Catholic Church is estimated to be worth about 30 Billion USD. (Bourke, 2018) Along with this, the Central Intelligence Agency’s World Factbook estimates the city had revenues of $315 million and expenditures of $348 million in 2013.
Sep 22, 2015 · Despite the reforms, finding out where the Catholic Church is actually investing is easier said than done. The Vatican Bank's 2014 report lists its total assets at €3.2 billion ($3.6...
Mar 12, 2013 · In 2004, the AP estimated that the Holy See’s real estate, excluding St. Peter’s Basilica and the Sistine Chapel, was worth nearly a billion dollars. Then there is the untold quantity of...
