Interesting fact: What kind of money does the British royal family make?

With its noble status, the British Royal Family has assets worth up to £ 360 million (equivalent to $ 470 million) - ranking 321 in the wealth ranking of the country of fog . This fortune comes from many different sources of income.

 

From left to right: Prince William (above), Princess Kate, Prince Philip (bottom), Queen Elizabeth II (middle), Prince Harry (upper), fiance Meghan Markle (upper), Duchess Camilla (below) and Prince Charles (below).(Photo: CNN).

Queen Elizabeth has three main sources of income: Sovereign Grant, 'Lancaster Land' ( Duchy of Lancaster) and real estate, personal investment.

Royal Subsidies are money provided by the British government to pay for travel, security, staff and royal palace maintenance fees. During the 2016-2017 fiscal year, the Queen received £ 42.8 million (US $ 58 million) tax-free from the Royal Pension. This amount soared to £ 76.1 million (US $ 103 million) in the 2017-2018 fiscal year due to the Royal Family's need to remodel the Queen's Buckingham Palace.

It is known that the Royal family has a subsidy thanks to the transfer of Crown Estate - all real estate and farms - to the government. The real estate division generates hundreds of millions of pounds a year and London will deduct 15-25% of its return to the Queen each year.

In addition to the Royal Pension, the real estate of 'Lancaster Territory' is also an important source of income for the Queen. This is a combination of commerce, agriculture, housing, . from 1265. In the 2017-2018 fiscal year, this complex has brought 19.2 million pounds (equivalent to 26 million USD). The proceeds from the 'Land of Lancaster' are often used by the Queen for public and private expenses, including the cost of royal members to perform official duties on behalf of the Queen.

In parallel with the above two incomes, the Queen also has her own personal properties including the Balmoral Castle (Scotland), the Sandringham estate in the east of England - both inherited from the female father. Hoang is the King of England George VI. In addition to real estate, the Queen also owns a collection of precious stamps, many works of art, securities, .

The Queen's husband, Prince Philip - Duke of Edinburgh - also received £ 359,000 ($ 488,000) for his royal duties. Last year, after more than six decades of royal service, the Royal Highness retired.

Prince Charles and his children

Prince Charles - Prince of Wales and Camilla - Duchess of Cornwall.(Photo: The Sun).

Prince Charles and his wife Camilla - known as the official Prince of Wales and Duchess of Cornwall - also have various sources of income.

According to CNN, more than 90% of the Prince and Duchess's income comes from the Duchy of Cornwall ' personal property ' from the 1337 to bring money back to his successor to the throne. England. This is a complex of land in urban and rural areas, islands and rental housing in Wales and Cornwall. In the 2017-2018 fiscal year, 'Cornwall Territory' collected £ 20.7 million ($ 28 million) for the Crown Prince and the Duchess. In addition, both received £ 1.3 million ($ 1.8 million) from the Queen's Royal Pension for travel, property costs and £ 461,000 (equivalent to $ 627,000) from many Government agencies give the cost of traveling abroad, wages for soldiers to follow the family.

It is known that the 50% annual income of the Crown Prince and the Duchess is used to pay for royal business trips, 25% to pay taxes. The remaining 25%, worth £ 6.6 million (US $ 8.9 million), will go to Prince Charles's descendants, 'unofficial' expenses and royal savings.

On Prince William and Prince Harry, both have their own fortune inherited from their mother, the Princess Diana of Wales.

Other members of the royal family

The two princesses Beatrice (left) and Eugenie all have their own full-time jobs.(Photo: Express).

Currently, information about the income of other members of the British Royal Family is still limited to the public. According to CNN, the income of these members may come from the Royal Pension and 'Lancaster Territory' through public contact on behalf of the Queen.

Currently, the next generation of the British Royal Family is expected to pursue its own career - in short, more independent than previous generations. For example, Queen Elizabeth II's granddaughters, Princess Beatrice and Eugenie, the daughter of Prince Andrew, Duke of York, all have full-time jobs in the business and art circles. However, both also received some financial support from their father.

The ancient imperial family was the name of the princess's husband, the son-in-law of the king. After the name of the code became more popular for this title / title, the imperial family became the name of the princess husband, who later became the queen.