Bankers' best guesses about the Vatican's wealth put it at $10 billion to $15 billion.
Of this wealth, Italian stock holdings alone run to $1.6 billion, 15% of the value of listed shares on the Italian market. The Vatican has big investments in banking, insurance, chemicals, steel, construction, real estate.
The total Roman Catholic Church holdings world wide include well over 5,000 church properties and other real estate. Estimated total net worth of everything, all included, is possibly $50 Billion.
Maybe Elon Musk can buy the Catholic Church... and then install Ab. Vigano as Pope. It's worth a thought.
Bankers' best guesses about the Vatican's wealth put it at $10 billion to $15 billion.
Of this wealth, Italian stock holdings alone run to $1.6 billion, 15% of the value of listed shares on the Italian market. The Vatican has big investments in banking, insurance, chemicals, steel, construction, real estate.
The total Roman Catholic Church holdings world wide include well over 5,000 church properties and other real estate. Estimated total net worth of everything, all included, is possibly $50 Billion.
Maybe Elon Musk can buy the Catholic Church... and then install Ab. Vigano as Pope. It's worth a thought.