Scheel says, “On average, parish priests make between $25,000-$35,000 per year, depending on the diocese…” However, some believe that number is much smaller or even substantially larger. The pope especially enjoys these meetings with pilgrims. As the husband of Queen Elizabeth II, Prince Philip also receives money from the Sovereign Grant. Pope Benedict XVI's retirement package – the first the Vatican has offered in almost 600 years – is a sweet deal by the average American senior's standards. Most are held in the Paul VI Audience Hall, because there is more space and it is designed to facilitate contact with people. Motivated by “the desire for humility” and a simpler life, Celestine was pope for just over five months before formalizing the papal resignation process in order to abdicate his position . Masters Tournament purse 2020. Little Funds with Big Returns ... Flurries End but the Cold is Just Beginning. Pope Francis does have control over certain Vatican assets, though these do not apply to his net worth. The Pope doesn't actually earn income, but he manages the $300 million budget which goes to paying for all of the Pope's expenses: food, travel, the Papal apartments, among other things.A Pope usually stays Pope until his death. The pope does receive a traditional honorary payment of three bags containing gold, silver, and copper coins upon their death. All of this is a much better deal than Celestine V, the last pope to resign—back in December 1294—received. www.msn.com Some estimate his personal net worth to be near $25 to $28 million. The Vatican Bank, which has about $8 billion in assets, has often been at the center of scandal and corruption since it was founded in 1942. Each bag contains one coin for each year of their papacy, and is placed into their coffin – the only monetary compensation one receives for being pope. However, Pope Francis’ net worth is still substantial. 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