Criticism of Executive Salaries
Pope Leo XIV has spoken out against growing income inequality, highlighting the massive gap between executive compensation and worker pay. In his first media interview, the pontiff singled out Tesla’s trillion-dollar compensation package for Elon Musk, questioning the values behind such wealth.
“CEOs that 60 years ago might have been making four to six times more than workers are now making 600 times more,” he said. “If that is the only thing that has value anymore, then we’re in big trouble.”
A New Style of Leadership
Leo admitted that stepping into his role as pope has been a “huge learning curve,” describing himself as having to “jump in on the deep end of the pool very quickly.” His election on May 8 made him the first American to lead the Catholic Church in its 2,000-year history. Born in Chicago, he spent much of his adult life in Peru as a missionary and bishop before returning to the Vatican in 2023 under Pope Francis.
Since his election, Leo has emphasized continuity with Francis’ advocacy on social issues such as migration, poverty, and climate change, while introducing his own style of engagement. His approach has included candid remarks on inequality and public outreach on pressing global challenges.
Global Issues and Reflections
In the interview, Leo expressed hope for an end to the Russia-Ukraine war but lamented the weakened role of the United Nations in bringing nations together. He also reflected on his ties to Peru, noting that he would probably support the Peruvian national team in a World Cup match against the United States, while still considering himself deeply American.
Birthday at the Vatican
Leo marked his 70th birthday on Sunday, celebrated by crowds at St. Peter’s Square. Supporters held up banners wishing him well, while a band played a birthday song. Addressing the crowd from the balcony, he thanked his parents and those who had remembered him in their prayers, expressing gratitude for the good wishes.