How Much Does the Pope Actually Make?
Despite being one of the most influential figures in the world, both spiritually and politically, the Pope doesn’t collect a traditional paycheck — and that might surprise many.
Instead of a salary, the Vatican, the world’s smallest independent nation, fully supports the Pope’s lifestyle. Everything from housing and meals to travel, medical care, and security is covered. Like his predecessors, Pope Leo XIV won’t earn a monthly wage but will instead live a life where all expenses are paid. This includes luxurious accommodations, transportation, and daily essentials — all provided by the Church.
Though technically entitled to a modest income — estimated to be about €2,500 ($2,650) a month — this amount functions more like a stipend. But what truly stands out is the Pope’s commitment to a life of simplicity over wealth.
Walking in Pope Francis’ Footsteps
Pope Leo XIV is expected to continue the legacy of Pope Francis, who led the Catholic Church from 2013 to 2025 and was known for his humility. Francis rejected personal wealth and chose a modest lifestyle.
A famous example came in 2017 when Pope Francis was gifted a Lamborghini Huracán worth nearly $950,000. Rather than keep it, he auctioned it off and donated the proceeds to charity — a decision in line with his admiration for St. Francis of Assisi, the saint who championed poverty and humility. True to his values, Pope Francis also opted to live in the Vatican’s modest Domus Sanctae Marthae guesthouse instead of the more opulent Apostolic Palace.
Like Francis, Pope Leo XIV is expected to focus on spiritual leadership, service, and modest living rather than luxury.
Is the Pope Wealthy?
While he doesn’t take home a salary, the Pope certainly isn’t destitute. Reports suggest that Pope Francis had access to assets and resources worth as much as $12 million — though these are primarily used for papal duties and charity, not personal enrichment.
For example, Pope Francis donated $215,000 to help inmates in Rome. His role centers on using available resources to serve others.
How the Vatican Manages Its Finances
The Vatican’s funds come from a variety of sources: global Catholic donations, museum tourism, and other Church-owned assets.
While exact figures are rarely disclosed, estimates from 2013 suggested the Vatican brought in about $315 million in revenue, with $348 million in expenses. A key source of income is Peter’s Pence — an annual donation drive among Catholics worldwide, which collects around $25 million each year. The United States, Germany, and Italy are among the top contributors.
Despite these resources, the Vatican faces financial strain. In 2023, it posted a $90 million deficit, sparking concerns about sustainability, including the Church’s pension system. In response, Pope Francis implemented salary cuts for cardinals and other high-ranking clergy in 2021 to reduce expenses and promote transparency.
A Life of Spiritual Wealth
Though the Pope doesn’t draw a traditional salary, he is far from lacking. The Vatican provides for every aspect of his life, including his charitable work. However, the papacy isn’t about wealth or luxury — it’s about leadership, humility, and devotion.
As the first American to hold the papal office, Pope Leo XIV will likely face global attention. But his lack of a personal salary is a powerful reminder: the Pope’s mission is rooted not in riches, but in serving others and living out the values of faith and simplicity.