With its noble status, the Royal family has a fortune of £ 360 million (US $ 470 million) - ranked 321 in the wealth ranking of the country of fog. This asset comes from many different sources of income
Queen Elizabeth II
Queen Elizabeth has three main sources of income: the Sovereign Grant, the Duchy of Lancaster estate, and private property.
Royal Pension is a sum of money provided by the British Government to cover travel, security, staff and maintenance fees for royal palaces. During the fiscal year 2016-2017, the Queen receives £ 42.8m ($ 58m) in tax relief from the Royal Assent. This amount has soared to £ 76.1m ($ 103m) in the fiscal year 2017-2018 as the Royal Family needs to remodel the Queen's Buckingham Palace.
It is known that the Royal Grants are due to the transfer of the Crown Estate - the entire estate and farm - to the government. This property is worth hundreds of millions of pounds a year and London will deduct 15-25% of the profits returned to the Queen.
In addition to the Royal Asset, the "Lancaster Territory" is also an important source of income for the Queen. It is a complex of commercial, agricultural, residential, ... dating back to 1265. In the financial year 2017-2018, the complex generated 19.2 million pounds ($ 26 million). The proceeds from the "Lancaster Territory" are often used by the Queen for public and private expenses, including royalties for official duties on behalf of the Queen.
In addition to the above two incomes, the Queen also has its own private properties, including Balmoral Castle (Scotland), Sandringham Estate in the east of England - both inherited from the father of the Queen King George IV of England. In addition to real estate, the Queen also owns a collection of precious stamps, many works of art, stock, ...
Her husband, Prince Philip - Duke of Edinburgh - also received a sum of £ 359,000 ($ 488,000) for his royal duties. Last year, after more than six decades of royal service, the Royal Family retired
Prince Charles and his children
Prince Charles and Lady Camilla - known officially as the Duchess of Wales and Duchess of Cornwall - also have different sources of income.
More than 90% of Crown Prince and Duchess's income comes from the "Duchy of Cornwall" real estate, which has been in existence since 1337 to give money to the successor of the throne. England. This is a combination of land in urban and rural areas, islands and rental properties in Wales and Cornwall. "Cornwall" earned £ 20.7m ($ 28m) for Crown Prince and Duchess. In addition, the two also received £ 1.3 million ($ 1.8 million) from the Queen's Royal Assent for travel, property costs and £ 461,000 ($ 627,000) from many. government agencies for the cost of traveling abroad, wages for soldiers accompanying family protection.
It is known that 50% of the Crown Prince's annual income is used to pay for royal business trips, 25% to pay taxes. The remaining 25 million pounds ($ 8.9 million) will go to Prince Charles's descendants, "unofficial" royal savings and royalties.
Both Prince William and Prince Harry both had private property inherited from their mother, the late Princess Diana of Wales.
Other members of the royal family
Currently, information on the income of other members of the Royal Family is still limited to the public. According to CNN, these members' income may come from Royal Assent and "Lancaster Territory" through public exposure on behalf of the Queen.
At present, the next generation of the Royal Family is expected to pursue self-development career - in short, is more independent than the previous generation. For example, the two daughters of Queen Elizabeth II, Princess Beatrice and Eugenie, the daughter of Prince Andrew, Duke of York, had full-time jobs in the business and the arts. However, both were also receiving some financial help from their father.