Pope Francis’ shocking net worth at time of death explained as his last will is to be revealed

Pope Francis’ shocking net worth at time of death explained as his last will is to be revealed

Pope Francis, born Jorge Mario Bergoglio, died on April 21 at the age of 88 following a battle with pneumonia, chronic bronchitis, and mild kidney failure. Although he had recently been discharged from the hospital, the Vatican confirmed his passing at 7:35am local time.

Cardinal Kevin Farrell announced the news, saying Francis lived a life dedicated to serving the Church and the marginalized, and praised him as a true disciple of Jesus.

Despite reportedly having a net worth of nearly $16 million, Pope Francis was known for his modest lifestyle. He never took a salary after becoming Pope in 2013, though he was entitled to $385,000 annually—an amount that may now be redirected to a foundation or the Church.