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Pope Leo XIV, in First Interview, Decries Extreme CEO Pay and Questions UN’s Effectiveness

The first U.S.-born pope used a birthday-timed interview to tie outsized executive compensation to social fracture.

Overview

  • Leo cited reports that Elon Musk could become the first trillionaire under a proposed Tesla compensation plan, warning that elevating wealth as the chief value signals deeper societal trouble.
  • He said chief executives once earned four to six times a worker’s pay but now receive roughly 600 times more, pointing to widening inequality as a driver of polarization.
  • The pope said he faces a huge learning curve as a global statesman, describing being thrust onto the world stage and needing to “jump in on the deep end” quickly.
  • He argued the United Nations has lost its ability to convene effective multilateral solutions, saying the body is struggling to bring nations together on major issues.
  • Excerpts from the July sit-down with Elise Ann Allen were published by Crux and El Comercio to mark his 70th birthday, with the fuller interview due in a biography out in Spanish on Sept. 18 as some industry voices challenge how the Tesla pay example is framed.