Details of Pope Francis’ surprising net worth at the time of his death emerge.
The Vatican confirms Pope Francis has died at 88. It prompted questions about his surprising net worth and final wishes.
Vatican announces Pope Francis’ death following prolonged illness
Pope Francis, born Jorge Mario Bergoglio, died on April 21 at 7:35 a.m. local time.
Pope Francis was reported to have passed away following months of serious health complications. He was 88 years old.
Kevin Farrell confirming the Pope’s passing and praising his lifelong service to the Church.
Camerlengo Cardinal Kevin Farrell said: “Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy Father Francis. At 7.35 this morning, the Bishop of Rome, Francis, returned to the home of the Father.
“His entire life was dedicated to the service of the Lord and of his Church.
“He taught us to live the values of the Gospel with faithfulness, courage, and universal love, especially for the poorest and most marginalised.
“With immense gratitude for his example as a true disciple of the Lord Jesus, we commend the soul of Pope Francis to the infinite, merciful love of God, One and Tribune.″
Pope Francis suffered from chronic illnesses in his final months.
In recent months, the Pope battled a respiratory infection, chronic bronchitis, and pneumonia in both lungs, compounded by mild kidney failure.
Though he was briefly released from the hospital, his condition soon worsened. This ultimately led to his death from a cerebral stroke and heart failure
Pope Francis’ net worth at time of death is estimated at $16 million
Pope Francis did not receive a formal salary after becoming Pope in 2013. However, his net worth was estimated at nearly $16 million at the time of his passing.
A large portion of this wealth came from assets connected to the Vatican and inherited Church holdings.
Additional value was linked to his charitable influence through various religious foundations.
Pope Francis lived modestly despite his access to immense resources Known for his humility, Francis famously refused to live in the Papal Palace.
Instead, he chose modest accommodations within Vatican City.
He declined lavish perks traditionally granted to popes, reinforcing his commitment to simplicity, charity, and service to the poor throughout his pontificate.
The Pope’s annual allowance and how it might be distributed
Although entitled to a yearly allowance of $385,000, Francis never used it for personal luxury.
Additionally, his final will may redirect these funds toward charitable causes.
Reports suggest that the sum could go to a family member, a Church foundation, or be reinvested in humanitarian missions he supported during his life.
Final tributes pour in from world leaders and the faithful
Vice President JD Vance, who met the Pope one day before his death.
He expressed sorrow over the loss and praised Francis for his guidance during COVID.
Additionally, thousands of tributes have flooded social media.
Leaders and followers alike honoring the Pope’s compassion, spiritual leadership, and lifelong dedication to justice.
In a recently published testament, Pope Francis revealed his wish to be buried at the Papal Basilica of Saint Mary Major, under the care of the Virgin Mary.
He offered his final sufferings for global peace and unity.
Pope also asked God to reward those who loved and prayed for him in life and death.