What is the net assets and the salary of the new Pope, Pope Leo XIV?

Two weeks after the death of Pope Francis, the new leader of the Catholic Church was selected, and Robert Prevost, today known as Pope Leo XIV, was selected.

The announcement was made on May 8, 2025 after a vote, which was switched to the world by 133 sequestried cardinals and white smoke. There is a new Pope.

Pope Leo was born in Chicago and grew up and visited Villanova University outside of Philadelphia. He is the first American Pope in history. Now people around the world want to learn more about the new Holy Father.

Here is more about Pope Leo, including how much he is paid.

What is Pope Leo's content?

Pope Leo was born on September 14, 1955 in Chicago as the son of the parents Louis Marius Prevost and Mildred Martínez. His father was a French and Italian descent while his mother was Spanish descent. The Pope speaks English, Spanish, Italian, French and Portuguese and can also read Latin and German.

He completed Villanova with a Bachelor of Science in mathematics before entering the St. Augustine Order in 1977 and serving in the Immaculate Conception Church in St. Louis. He landed his first vows in 1978 and his solemn vows in 1981. He taught physics and mathematics in Chicago and was ordained a priest in 1982.

He spent most of his career as a missionary in Peru. When he became cardinal in 2023, he earned a salary between 4,700 and 5,900 US dollars per month. But as a Pope, he is not paid for a salary. The reason for this is that the Vatican takes care of all its expenses through scholarships for his apartment, food, clothing, medical care, transport, etc.

When it comes to Pope Leo's personal assets, it is unclear. Although the predecessor of the Pope Leo, Pope Francis, received no salary when he took office in 2013, the Economic Times reported a few months before his death that his net assets were around 16 million dollars.

This number was estimated on the basis of various assets that are available to him as a Pope. This includes everything from the five cars that are available and all other advantages such as wasteful papal apartments in the Apostolic Palace of the Vatican, where some lived as head of the Roman Catholic Church during their tenure.

Pope Francis' assets at the time of his death

At the time of his death on April 21, 2025, Pope Francis had a net value of only $ 100, according to Celebrity Net Worth. So every money that he earned for the Catholic Church during his career before he became the Pope was either donated or given away before he died.

Since Pope Francis' death led to an expression of homage of people in every corner of the globe, Pope Leo thanked during his first speech: “We still keep in our ears that weak but always courageous voice of Pope Francis blessing, blessing, Rome.”