Bankers’ best guesses about the Vatican’s wealth put it at $10 billion to $15 billion. Of this wealth, Italian stockholdings alone run to $1.6 billion, 15% of the value of listed shares on the Italian market. The Vatican has big investments in banking, insurance, chemicals, steel, construction, real estate.
Who is the leader of the Protestant Church?
Martin Luther, often called the father of Protestantism, fundamentally changed the Christian world through his force of will and new ideas. He tried passionately to reform the Catholic Church.