Catholic priests are expected to make a vow of poverty, so it is ironic that the church is actually the richest religion in the world. The Catholic Church owns some of the greatest art works ever made. It also has vast gold deposits and billions of dollars in assets. It also earns a significant amount of income from the tourism sector as the Vatican is considered an independent city-state. It also has more than a billion members around the world. read more
Depending on how you look at value, the Catholic Church is either wealthy, so-so or poor. On a cash flow basis, it pays the bills and then some. On an net asset value, its quite a jewel. read more
Reuters The Roman Catholic archdiocese of Cologne in Germany has disclosed it is worth 3.35 billion euros ($3.82 billion), making it richer than the Vatican. read more