Pope Leo XIV: How Much Does Robert Prevost Earn as Pontiff?

May 09, 2025 Komal Das

Pope Leo XIV, the newly elected head of the Roman Catholic Church, will not receive a traditional salary

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Like his predecessor, the Vatican will cover Pope Leo XIV's living expenses through allowances and stipends for housing, food, and transportation

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The Vatican’s finances are funded by donations, investments, and revenues, with Peter’s Pence (Obolo di San Pietro) bringing in around \$27 million annually

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Robert Prevost's exact net worth is unknown, but as a cardinal, he earned between €4,000 and €5,000 a month; as Pope, his expenses will be fully covered

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The Vatican is facing financial struggles, reporting a deficit of over \$90 million in 2023, according to Fox News

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Pope Francis had warned of serious issues with the Vatican’s pension fund, adding to financial concerns for the Holy See

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Despite these struggles, the Holy See continues to fund the papacy through its established financial sources, with a 2013 estimate showing \$315 million in revenue and \$348 million in expenses

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