This was inspired by a piece on the The History Channel. Basically the show was about the dark ages, tracing the fall of Rome into later centuries. Remarkably the one constant through the centuries was the presence of the church, they were *incredibly* wealthy back then, even by today's standards. So I would imagine by now the TRC is probably worth trillions and trillions if not more.
There is no company, organization or group that has been around as long as the TRC. They likely have billions of assets in just items considered relics. Paintings, statues, valuable books and documents, historical texts, ancient currency (gold, silver) precious gems (diamonds, rubies, etc.). Then there's the real estate holdings, ancient buildings on likely every continent of the planet. Acres and acres of fertile, producing land.
I found this little article from google
THE VATICAN BILLIONS by Avro Manhattan.
This information was published 10 years ago, and the figures are probably even more startling today.
"The Vatican has large investments with the Rothschilds of Britain, France and America, with the Hambros Bank, with the Credit Suisse in London and Zurich. In the United States it has large investments with the Morgan Bank, the Chase-Manhattan Bank, the First National Bank of New York, the Bankers Trust Company, and others. The Vatican has billions of shares in the most powerful international corporations such as Gulf Oil, Shell, General Motors, Bethlehem Steel, General Electric, International Business Machines, T.W.A., etc. At a conservative estimate, these amount to more than 500 million dollars in the U.S.A. alone.
"In a statement published in connection with a bond prospectus, the Boston archdiocese listed its assets at Six Hundred and Thirty-five Million ($635,891,004), which is 9.9 times its liabilities. This leaves a net worth of Five Hundred and Seventy-one million dollars ($571,704,953). It is not difficult to discover the truly astonishing wealth of the church, once we add the riches of the twenty-eight archdioceses and 122 dioceses of the U.S.A., some of which are even wealthier than that of Boston.
Not sure why I never considered this before that History Channel special. That is major wealth.
There is no company, organization or group that has been around as long as the TRC. They likely have billions of assets in just items considered relics. Paintings, statues, valuable books and documents, historical texts, ancient currency (gold, silver) precious gems (diamonds, rubies, etc.). Then there's the real estate holdings, ancient buildings on likely every continent of the planet. Acres and acres of fertile, producing land.
I found this little article from google
THE VATICAN BILLIONS by Avro Manhattan.
This information was published 10 years ago, and the figures are probably even more startling today.
"The Vatican has large investments with the Rothschilds of Britain, France and America, with the Hambros Bank, with the Credit Suisse in London and Zurich. In the United States it has large investments with the Morgan Bank, the Chase-Manhattan Bank, the First National Bank of New York, the Bankers Trust Company, and others. The Vatican has billions of shares in the most powerful international corporations such as Gulf Oil, Shell, General Motors, Bethlehem Steel, General Electric, International Business Machines, T.W.A., etc. At a conservative estimate, these amount to more than 500 million dollars in the U.S.A. alone.
"In a statement published in connection with a bond prospectus, the Boston archdiocese listed its assets at Six Hundred and Thirty-five Million ($635,891,004), which is 9.9 times its liabilities. This leaves a net worth of Five Hundred and Seventy-one million dollars ($571,704,953). It is not difficult to discover the truly astonishing wealth of the church, once we add the riches of the twenty-eight archdioceses and 122 dioceses of the U.S.A., some of which are even wealthier than that of Boston.
Not sure why I never considered this before that History Channel special. That is major wealth.
Facebook
Twitter