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Worth (billion USD) Country Religion/Belief Notes The Church of Jesus Christ of Latter-Day Saints: 265.0 United States: Non-Trinitarian Christianity (Mormonism) Includes everything from investments, operating assets (ecclesiastical buildings) and Real estate, mostly from USA. [1] Catholic Church in Germany: 47.24 to 265.62 Germany: Catholicism
The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione; Latin: Institutum pro Operibus Religionis; abbreviated IOR), [4] [5] commonly known as the Vatican Bank, is a financial institution [2] that is situated inside Vatican City and run by a Board of Superintendence, which reports to a Commission of Cardinals and ...
The bank came to be known as the "priests' bank"; one chairman was Franco Ratti, nephew to Pope Pius XI. In the 1960s, the bank began to expand its business, opening a holding company in Luxembourg in 1963 which came to be known as Banco Ambrosiano Holding. This was under the direction of Carlo Canesi, then a senior manager, and from 1965 chairman.
The economy of Vatican City is mainly supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Vatican City employed 4,822 people in 2016.
The leading element among these interests who were rivals to the Rothschilds on the Paris Bourse, Jonas-Philip Hagerman, a Swedish Lutheran who previously had a bank at Genoa, had already achieved a similar feat of helping attain for the Kingdom of Sardinia a French government loan, which gifted the deal to the six banks, side-stepping the ...
Michele Sindona (Italian: [miˈkɛːle sinˈdoːna]; 8 May 1920 – 22 March 1986) was an Italian banker and convicted felon.Known in banking circles as "The Shark", [1] Sindona was a banker for the Sicilian Mafia and the Vatican.
Paul Casimir Marcinkus GCOIH (/ m ɑːr ˈ s ɪ ŋ k ə s /; January 15, 1922 – February 20, 2006) was an American archbishop of the Catholic Church and president of the Institute for the Works of Religion, commonly known as the Vatican Bank, from 1971 to 1989. [1]
National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. [ 1 ]