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Investigative Reports

Pope Leo criticizes excessive, Musk-style company pay packages

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Last updated: September 14, 2025 4:11 pm
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Pope Leo criticizes excessive, Musk-style company pay packages
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That is AI generated summarization, which can have errors. For context, at all times seek advice from the complete article.

Pope Leo XIV, in his first media interview, tells Catholic information web site Crux that CEOs at the moment are making ‘600 instances extra’

VATICAN CITY – Pope Leo XIV criticized company pay packages that provide executives a lot larger salaries than their staff in excerpts from his first media interview launched on Sunday, September 14, citing Tesla’s current $1 trillion compensation plan for CEO Elon Musk.

Leo, initially from Chicago, additionally spoke concerning the United Nations, his a long time working as a missionary in Peru, how he has been adapting to the function of Pope, and his hopes for peace within the bloody, three-year battle between Ukraine and Russia.

He has proven a extra reserved model than his predecessor Pope Francis, who usually gave interviews, and prefers to talk from ready texts. Sunday’s excerpts have been launched on the Catholic information web site Crux.

“CEOs that 60 years in the past might need been making 4 to 6 instances greater than what the employees are receiving… 600 instances extra (now),” Leo stated within the interview, carried out on the finish of July for a coming biography.

“Yesterday (there was) the information that Elon Musk goes to be the primary trillionaire on the earth,” he stated. “What does that imply and what’s that about? If that’s the solely factor that has worth anymore, then we’re in large hassle.”

Leo, elected the primary US pope by the world’s cardinals in Could to switch Francis, criticized the UN as not having the ability to foster efficient multilateral diplomacy.

“The United Nations must be the place the place many… points are handled,” stated Leo. “Sadly, it appears to be usually acknowledged that the United Nations, at the least at this second in time, has misplaced its capability to carry folks collectively on multilateral points.”

On changing into pope, Leo stated he felt extra ready at first to guide the world’s 1.4 billion Catholics on religious issues however much less ready to play a significant function on the worldwide diplomatic stage.

“The completely new side to this job is being thrown onto the extent of world chief,” stated the Pope. “I’m studying lots and feeling very challenged, however not overwhelmed. On that one I needed to bounce in on the deep finish of the pool in a short time.” – Rappler.com

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