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

Leo ⁠is the first pope in nearly five centuries to visit ​the wealthy ⁠Mediterranean enclave, which has the highest concentration of billionaires per capita in the world.
Albert II of Monaco greets Pope Leo XIV upon arrival in Monte Carlo, Monaco. Pope Leo XIV heads to the Mediterranean principality of Monaco on the French Riviera that is the pontiff's surprise pick for the first western European trip of his papacy.
Albert II of Monaco greets Pope Leo XIV upon arrival in Monte Carlo, Monaco. Pope Leo XIV heads to the Mediterranean principality of Monaco on the French Riviera that is the pontiff's surprise pick for the first western European trip of his papacy.Handout / AFP - Getty Images

MONACO — Pope Leo on Saturday made a day trip to Monaco, a tax-free microstate on the French ⁠Riviera known as a haven for billionaires and their luxury yachts, and urged its residents to share their wealth and help those in need.

"In God's eyes, nothing is received in vain!" the pope told crowds waving yellow flags under a brilliant sun. "Every good placed in our hands... bears an intrinsic need not to be held back, but to be shared, so that everyone's life may be better."

Leo ⁠is the first pope in nearly five centuries to visit ​the wealthy ⁠Mediterranean enclave. The Vatican said he wanted to show that small countries can make an outsized impact on the world stage.

He arrived after a 90-minute helicopter ride from the Vatican and met first with Prince ⁠Albert, Monaco's head of state and son of the late Hollywood star Grace Kelly.

The pope appeared to ​reiterate his ⁠message that the wealthy should help those less ‌fortunate in his official gift to Albert.

Pope Leo XIV aboard his helicopter flying past the coastline of Monaco before his arrival in Monte Carlo on March 28.
Pope Leo XIV aboard his helicopter flying past the coastline of Monaco before his arrival in Monte Carlo on March 28.HANDOUT / AFP - Getty Images

He gave the prince a colourful artwork created by the Vatican's mosaic studio, an image of St. Francis of Assisi, a 13th-century son of a prosperous Italian merchant who renounced his inheritance to ‌help the poor.

One Monaco resident among crowds greeting Leo outside Albert's official ‌residence said he hoped the pope would help bring people across the world together amid the ongoing Iran war.

"At the moment there is a lot of tension," said Jean Claude Haddad, 60. "He could reunite people... he brings people together."

Crowds relatively thin during Pope's visit

The second smallest state in the ⁠world after the Vatican, and one of the last countries with Catholicism as the state religion, Monaco has the highest concentration of billionaires per capita in the world.

In his speech at Albert's residence, Leo urged Monaco's residents to "put your prosperity at the service of law and justice".

Leo's events in Monaco were marked by all the usual protocol and pomp of a papal tour abroad. Crowds, however, were relatively thin. Few lined the streets as he toured the 0.8 square mile country in an open-air popemobile.

In a meeting with local Catholics, the pope appeared to praise Albert's decision last ‌year to veto a Monaco bill that would have legalized abortion, firmly opposed by the Church.

Pope Leo XIV speaks in front of the Church of Sainte-Devote in Monte Carlo, Monaco, on March 28.
Pope Leo XIV speaks in front of the Church of Sainte-Devote in Monte Carlo, Monaco, on March 28.Marco Bertorello / AFP - Getty Images

Leo urged ​the Catholics to continue speaking up "in defence of the human person", using Church terminology often invoked ‌to oppose abortion and the death penalty.

Albert's 2025 veto ⁠was largely symbolic, as abortion is a constitutional right in surrounding France.

Leo, the first U.S. pope, was ⁠elected in May to succeed the late Pope Francis as head of the 1.4-billion-member Church. His visit to Monaco is only his second outside Italy, ‌but opens what is expected to ​be a busy year of travel.

Leo, 70, is relatively ‌young and in good health for a pope. He will ​undertake an ambitious, four-country tour of Africa in April, and is also due to make a week-long visit to Spain in June.