How much new Pope Leo will

Pope Leo XIV, formerly Cardinal Robert Francis Prevost, was recently elected as the new head of the Roman Catholic Church, succeeding Pope Francis. At 69, he becomes the first American pope and is expected to follow in Francis’ humble footsteps, focusing on helping the disadvantaged. Pope Francis, known for his frugality, refused his \$32,000 annual papal salary and opted to live modestly in a guest house rather than the luxurious Apostolic Palace. Pope Leo, who has a background as a missionary in Peru, is anticipated to maintain a similar lifestyle, emphasizing wisdom and inclusion, especially for marginalized communities.

Although Pope Leo is entitled to a monthly allowance of €2,500 (about \$2,820), significantly less than his previous income as a cardinal, he is unlikely to need it since the Vatican covers all his living expenses, including housing, food, and transportation. Like his predecessor, Pope Leo will also have a generous allowance for charitable donations. The Vatican’s funding mainly comes from donations and investments, with the United States being its largest contributor through Peter’s Pence.