Vatican increases net worth by $3 billion in 2025

The Vatican’s financial investments and assets rose to a net worth of approximately $3 billion (2.686 billion euros) in 2025.

According to the annual report released on July 31 by the Administration of the Patrimony of the Apostolic See (APSA), the profit increased by $102 million (89 million euros) compared with 2024. The profit was also mainly due to the revaluation of physical gold, the increase in the value of real estate, and the positive valuation of financial securities.

Speaking to Vatican Media , APSA President Archbishop Giordano Piccinotti said that comparing profits in 2024 and 2025 should be done with caution, as 2025 was marked by extraordinary income from the reorganization of financial flows, a situation he described as unrepeatable.

“APSA’s purpose is not to generate an annual profit, but rather to preserve and strengthen the patrimony entrusted to it,” he stated.

A profit driven by real estate According to the 2025 report, real estate management was APSA’s main economic driver that year, with a profit of $51 million (44.5 million euros), an improvement of $10.8 million (9.4 million euros) over the $40.3 million (35.1 million euros) recorded in 2024.…