Pope's attacks on capitalism ruffle one wealthy donor
Fears that benefactors may shy away from further donations
- Eric Marrapodi for CNN Belief Blog
- January 2, 2014
At least one wealthy donor in New York City is skittish about Pope Francis' comments about capitalism.
Ken Langone, the billionaire Roman Catholic who helped found Home Depot, told CNBC he has heard grumbling about the Pope's comments about the wealthy. Langone is helping to run the New York Archdiocese's $180 million fundraising effort to restore St. Patrick's Cathedral in Manhattan.
The billionaire investor and philanthropist, who gave $200 million to New York University's medical center in 2008, told CNBC an anonymous seven-figure donor felt slighted by the pope's recent comments.
Langone has not been shy about sharing those opinions with New York Archbishop Cardinal Timothy Dolan, telling him, "you get more with honey than with vinegar."
Dolan told the financial network in an interview on Monday he has heard from Langone that one wealthy donor got the "sense that the Pope is less than enthusiastic about us."
The Archbishop said he explained to Langone, "'Well, Ken, that would be a misunderstanding of the Holy Father's message. The Pope loves poor people. He also loves rich people.' ... So I said, 'Ken, thanks for bringing it to my attention. We've gotta correct to make sure this gentleman understands the Holy Father's message properly.'"
In his first apostolic exhortation, "The Joy of the Gospel," the Pope took on capitalism. He criticized an "idolatry of money" and "the inequality that spawns violence."
Full Story: Are rich Catholics mad at the Pope?
Source: CNN Belief Blog