Pope Leo visits billionaires' tax haven Monaco, urges wealthy to help needy - NBC News

Pope Leo visited Monaco, a principality known as a tax haven for the wealthy, where he called on billionaires and the affluent to assist those in need. The pontiff's trip to the Mediterranean microstate underscores the Vatican's ongoing emphasis on economic inequality and social responsibility, themes central to his papacy. By delivering this message in Monaco—home to some of the world's richest individuals and a jurisdiction with notably low tax rates—the Pope directly addressed his audience of global wealth holders. The visit reflects the Church's effort to influence financial elites on moral grounds regarding their obligations to vulnerable populations. This appeal aligns with the Pope's repeated calls for economic systems that prioritize human dignity over profit accumulation.