The Knights Templar: Wealthy Catholic Military Order The Knights Templar, a Catholic military order formed in the 12th century, amassed significant wealth and power. They played a crucial role in the Crusades, serving as protectors of Christian pilgrims traveling to the Holy Land. Known for their distinctive white mantles adorned with red crosses, the Templars established a vast network of castles, fortifications, and trading posts across Europe and the Middle East. Their financial success was linked to savvy banking practices, including the issuance of letters of credit, which made them a trusted financial institution. However, their wealth and influence eventually led to their downfall, as they became targets of jealousy and greed. In 1312, Pope Clement V disbanded the order, and many of its members were arrested and executed. The Templars’ legacy lives on, as their legend continues to captivate historians and conspiracy theorists alike.