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King Charles III promised to follow the late Queen's "selfless duty" in his first address to both Houses of Parliament as monarch. The King said Parliament was the "living and breathing...
- 9 min
- 3.3M
- BBC News
- The Royal Family’S Private Assets
- Payments from The Public
- The Royal Family’S Opaque Finances
The private income streams include the Duchy of Lancester and the Duchy of Cornwall—both portfolios of land, property, and assets. Known under the umbrella term Privy Purse, the Duchy of Lancaster is a stream of income that privately belongs to the British sovereign. It consists of more than 45,668 acres held in trust. The estate, mostly situated i...
The Sovereign Grant is the only publicly funded portion of the royal family’s wealth. It is calculated as 15% of the revenue generated by The Crown Estate, a £14.3 billion ($18.3 billion) real estate businessin the U.K. whose profits benefit the U.K.’s finance ministry, and therefore the public. Last year, the Sovereign Grant to the Royal Family wa...
When addressing the institution’s finances, the royal family’s website states, “The monarchy has sometimes been described as an expensive institution, with royal finances shrouded in confusion and secrecy. In reality, the royal household is committed to ensuring that public money is spent as wisely and efficiently as possible, and to making royal f...
King Charles III’s personal wealth is a closely-held secret, much like his mother before him, Queen Elizabeth II. A successful business owner, the monarch al...
- 5 min
- 77.2K
- The Wall Street Journal
May 4, 2023 · ) Still, at the time of his death in 1972, the Duke of Windsor (as he became known) left behind a fortune worth nearly $2.5 million—$18 million today—including a villa in Paris.
Prince Charles' fictional accession to the throne following the Queen's death. When he refuses to sign a controversial bill into law, political chaos ensues: a constitutional crisis, street riots and a tank in front of Buckingham Palace.
May 6, 2023 · King Charles' net worth has soared to about $2.3 billion, according to The Guardian, which said it worked with 12 experts to undertake the first "comprehensive audit" of the king's assets,...
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Sep 9, 2022 · King Charles III made his first public address from Buckingham Palace as British monarch following the death of Queen Elizabeth II, vowing to share his mother’s “promise of lifelong...
- 9 min
- 963.5K
- NBC News
