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USER COMMENTS BY ADVICE FOR POPE |
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| RECENTLY-COMMENTED SERMONS | More | Last Post | Total |
· Page 1 · Found: 1 user comments posted recently. |
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9/21/15 2:30 PM |
advice for pope | | | |
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How the Vatican can alleviate poverty? By redistribution of wealth."So exactly how much is the Vatican worth? It's hard to say. The Catholic Church has a history of opacity about its finances, something Pell says is slowly changing. And much of its assets are near impossible to value because they will never be sold off, such as its gold-laden palatial church property and priceless works of art by the likes of Michelangelo and Raphael. It also owns a global network of churches and religious buildings, many of which contain precious historical treasures, serving the world's 1.2 billion Catholics. What we do know is that Vatican Bank, officially titled the Institute for the Works of Religion, manages €5.9bn ($7.3bn, £4.64bn) of assets on behalf of its 17,400 customers. And it manages €700m of equity which it owns. Another titbit to emerge is that it keeps gold reserves worth over $20m with the US Federal Reserve." http://www.ibtimes.co.uk/how-rich-vatican-so-wealthy-it-can-stumble-across-millions-euros-just-tucked-away-1478219 ## As Jesus said to the rich man: "If thou wilt be perfect, go and sell that thou hast, and give to the poor, and thou shalt have treasure in heaven: and come and follow me." |
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