When Robert Francis Prevost was named the first-ever American pope, many people were curious about what this would mean for his lifestyle, especially when it came to his pay and financial situation. The truth might surprise some: the Pope does not receive a traditional salary like most other leaders or public figures. Instead, the Vatican ensures that all of his needs are fully taken care of. This includes
providing accommodation, meals, healthcare, and security, so he doesn’t have to worry about personal expenses. While some estimates suggest that the Pope might receive a modest stipend of around €2,500 (about $2,650) per month, his life is much more focused on service and humility rather than earning money.Pope Leo XIV, much like his predecessor Pope Francis, is expected to lead a simple and
humble lifestyle. Pope Francis famously rejected personal income and chose to live modestly, reflecting the spirit and values of St. Francis of Assisi.As a powerful example of his humility, Pope Francis once auctioned off a nearly $950,000 Lamborghini, donating the entire amount to charitable causes. Even though the Pope does not receive a salary in the traditional sense, his net worth—largely because he
has access to extensive papal assets and resources—has been estimated to be as high as $12 million. However, it’s important to understand that this wealth is not for personal use or indulgence. Instead, it is dedicated to charity work and fulfilling the duties of the papacy.The Vatican itself funds its operations through a combination of donations from followers around the world, tourism, and income generated by the Vatican Museums, though it does face some financial challenges.