How rich is the Vatican bank?

How rich is the Vatican bank?

The Vatican economy minister, Father Juan Antonio Guerrero, said the Vatican’s total net assets in 2019 were about 4 billion euros, which is believed to be the first time any such figure has been given.

How much money do Cardinals make?

Of the roughly 5,000 people employed in the Roman Curia, the administrative institutions of the Holy See, and in Vatican City State, cardinals have the highest monthly salaries, varying from 4,000 to 5,000 euros, or about $4,700 to $5,900, according to Mimmo Muolo, the author of the 2019 book “The Church’s Money.” The …

Do Cardinals have to retire?

In 1970 Paul VI directed that cardinals who reach age 75 are to be asked to resign, and those who do not resign are to relinquish the right to vote for a pope when they reach age 80.

What is Cardinal Wuerl doing now?

Wuerl remained in charge of the archdiocese as its apostolic administrator until Pope Francis appointed his successor, Wilton Daniel Gregory, in 2019. He remains a member of the College of Cardinals, and was eligible to vote in a papal election until November 2020.

Did Cardinal Wuerl resign?

In February 2003, Bishop Wuerl accepted the priest’s resignation from ministry. As the grand jury report put it: “Approximately 41 years after the diocese learned that Paone was sexually assaulting children, he was finally retired from active ministry.”

Is Wilton Gregory a cardinal?

Meet the first African-American cardinal in the Catholic Church. Wilton Gregory made history last fall when he became the first Black American to be appointed a cardinal in the Catholic Church.

Who is the new archbishop of Washington DC?

Wilton Gregory

Who are the new cardinals named by the pope?

Following the 2020 consistory, 73 of the cardinal electors had been appointed by Francis, 39 by Pope Benedict XVI, and 16 by Pope John Paul II….28 November 2020.

Name Title when named cardinal
1. Mario Grech (b. 1957) Secretary General of the Synod of Bishops

Are there any African cardinals?

In 2005, the Catholic Church in Africa, including Eastern Catholic Churches, embraced approximately 135 million of the 809 million people in Africa. As of June 26, 2020, there are also 29 Cardinals from Africa, out of 222, and 400,000 catechists.

Where is Archbishop Gregory from?