How much real estate is owned by the Catholic Church?

Vatican Owns Over 5,000 Properties Worldwide, It Reveals In First Disclosures On Its Real Estate Holdings. I cover breaking news for Forbes.

Is the Catholic Church the largest real estate holder in the world?

With more than 1 billion adherents, the Catholic Church is one of the largest, if not the largest, nongovernmental landowners in the world. One estimate puts the church’s holdings close to 177 million acres, or 277,000 square miles.

What properties does the Catholic Church own?

6 Of The Most Surprising Properties Owned By The Catholic Church

• La Scala Sancta.
• Apostolic Palace of Castel Gandolfo.
• The Gardens of Castel Gandolfo.
• The Holy House of Loreto.
• Mount Graham International Observatory Research Telescope.
• The Vatican Secret Archives.

What companies are owned by the Catholic Church?

“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.” (…)

Are there any properties owned by the Catholic Church?

Despite what the conspiracy theorists might say, the Holy See does not have a shadowy hand in property markets the world over but it does actually own more papal properties outside of the Vatican City walls than within them. Indeed, some of the Catholic Church’s wealth comes from its highly diversified investments.

What is the net worth of the Catholic Church?

The Catholic Church is the largest and topmost Christian organization which has an estimated wealth of more than $30 billion as of 2021. Estimation of its net worth comes from its ownership of properties including churches, schools, presbyteries, hospitals, nursing homes, offices, tennis courts, and telephone towers.

How many acres of land does the Catholic Church own?

(Plus, it is unclear whether or not the 177 million acre figure includes land owned by affiliated institutions, such as Catholic schools and hospitals, which number in the hundreds of thousands—if not millions—worldwide.)

What kind of real estate company is church Realty?

Church Realty is a full-service commercial real estate firm focusing on the unique needs of churches, denominations, and private schools. Strategic Solutions that Maximize Ministry. We lead you through a 4-phase process designed to translate your ministry goals into a real estate strategy.