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Why Is Pope Leo XIV in Monaco and What Did He Say to the World's Billionaires?


Published: Mar 29, 2026 07:16 AM EDT

Pope Leo XIV made history on Saturday, March 28, becoming the first pope in nearly five centuries to visit Monaco - the tiny, tax-free principality on the French Riviera known as one of the wealthiest places on earth.

And he did not come to celebrate the wealth. He came to challenge it.

Why Monaco?

The choice surprised many. Monaco is the world's second-smallest sovereign state after Vatican City, with a population of just 39,000 - roughly one in three of whom is a millionaire. No pope of the modern era had ever set foot there, despite it being one of the few countries in Europe where Catholicism remains the official state religion and its ties with the Holy See stretching back centuries.

Pope Leo XIV accepted the personal invitation of Prince Albert II and Archbishop Dominique-Marie David. The Vatican said the visit was meant to show that small nations can make an outsized impact on the world stage - and that the Church's social teaching is as relevant inside a billionaire's playground as anywhere else.

What did he say?

Standing on the balcony of the Prince's Palace before thousands of residents waving Vatican and Monegasque flags, Pope Leo did not mince words. He condemned what he described as the widening chasms between the poor and the rich, calling them "unjust configurations of power" and "structures of sin."

He urged Monaco's residents - many of whom hold significant influence in global finance and economics - to put their prosperity at the service of law and justice, warning against the logic of power and oppression that he said is "harming the world and jeopardizing peace."

"In God's eyes, nothing is received in vain," he told the crowds. "Every good placed in our hands bears an intrinsic need not to be held back, but to be shared."

He also reaffirmed the Church's opposition to abortion and euthanasia at an open-air Mass at Louis II Stadium, and praised Monaco's long-standing protections for human life - in an apparent nod to Prince Albert II's 2025 veto of a bill that would have legalized abortion in the principality.

A message beyond Monaco

For believers around the world, the papal message carried weight far beyond the French Riviera. Pope Leo called for a faith that is not routine but prophetic - one that raises real questions about justice, solidarity, and what it means to use privilege for the good of others. It is a challenge rooted in the Gospel's consistent call to care for the poor, the marginalized, and the forgotten.

Leo arrived by helicopter from Rome and returned the same evening after a packed nine-hour schedule - but the message he left behind was anything but small.