Spyke

Replies

world

Comment on

The Pedo Catholic Church Sex Victims to get 800 million

Reply in thread

$615,384.62, but likely low all things considered.

The Catholic Church is worth >= $73 billion USD, so this payout was (rounding up) 1.1% of total wealth. On the road now but I’ll add some more to this comment later today.

Edit: Some edits to the above. Didn’t really account for lawyer fees, so subtracting 33% (low end estimate) I’d get $430,769.23. Still a pretty substantial payout, but them lawyers do be taking a sizable chunk.

Kinda hard to gauge the economic cost of sexual assault, but from some US workplace stats in 2024 it looks like:

  • average loss per workplace injury: $1,120
  • average loss per medically consulted injury: $48,000
  • average loss per death: $1,540,000

Note that deaths include lost future wages too, over a much larger timeframe than non-fatal injuries.

So adolescent sexual assault slots in between medical injuries and deaths, but roughly 9 times as financially devastating as a physical injury. Also somewhat crazy that the original ask by the claimants was $2B, which would have been 70% of a death’s payout per victim.

You reached the end