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I was wondering if the British govt helps fund the payroll of the royal family or if they are all surviving on their royal savings passed down through generations or what?

2007-01-20 05:42:55 · 13 answers · asked by Andy 3 in Society & Culture Royalty

13 answers

Prince Charles is the Duke of Cornwall, therefore all the taxes of Cornwall go to him, which is around $18,000,000 a year. Not alot, I know, but he's already got aout $250-300,000,000 tucked away in the bank.

Both William and Harry inherited around $25,000,000 a piece from Princess Diana when she died.

The Queen is worth an estimated $6,000,000,000 (6 Billion) US dollars. This does not include jewels or palaces.

2007-01-20 11:37:16 · answer #1 · answered by AdamKadmon 7 · 0 0

Interesting viewpoint. It seems excessive to me as well, but to dismantle all the art and architecture for the sake of it after it has been there for many years (and pulls in the tourists, as you said) seems like change for the sake of it. I think if you investigate it deeply you will see that the senior members of the royal family really do a good job, work longer hours than most people, and are unrecognised. Prince Andrew, for example, is labelled a good-time playboy by the tabloids in the UK, and yet spends most of his time flying the world promoting British Industry. I've read about the funding of the civil list (the 'wages' that allow the royals to live and entertain foreign leaders, etc.) and per person per year it comes out as cheaper than a President. If you want to see where real taxpayers' money is wasted, it's worth looking at the billions of pounds wasted by the government every year on spin, focus groups and advisors. It is really criminal.

2016-05-24 01:06:08 · answer #2 · answered by Susan 4 · 0 0

In addition to whatever private wealth they have, the Monarch receives an income from the revenues of the Duchy of Lancaster and the Prince of Wales from the Duchy of Cornwall.

The taxpayer's money that so many people speak of is actually an arrangement made a couple of centuries ago whereby Crown lands were turned over to the government in exchange for an annuity. It turned out to be a dumb move by King George III because the amount of revenue the Crown Estates brings to the government is far greater than what money is given to support the monarchy.

2007-01-20 21:50:14 · answer #3 · answered by castle h 6 · 0 0

Oh I'm sure they have a very NICE Bank account for the whole Lot of the Royal Family!!! However, they are paid by the TAX-PAYERS, $$$$$$$$$ chaching!!!! That's why Taxes are so high in England!! To support the Monarchy, and all their staff members!!! Sad, but true!!!

2007-01-20 05:55:31 · answer #4 · answered by Hmg♥Brd 6 · 2 0

It's true that they get the majority of the money from the taxpayers and in no way do i support them. The person however that suggested that this is the reason why taxes are so high is talking crap as it is an extremely small amount and taxes aren't that high in comparison to many other European countries.

2007-01-20 13:55:22 · answer #5 · answered by Jack R 1 · 1 0

I think they get money from tax payers but I could be wrong about that. Like every year, a person pays such and such amount and that goes right to the royal family.

2007-01-20 05:47:53 · answer #6 · answered by Laura 5 · 1 0

Basically from the tax payers and plus there's lots of saved money and inheritance from multiple old British monarchs.

2007-01-20 05:59:21 · answer #7 · answered by Anonymous · 0 1

the tax payers. And they voted to keep the royal family. Beyond me, I would tell them to get jobs

2007-01-20 05:52:52 · answer #8 · answered by Anonymous · 2 1

They have investments and the british people support them too.

2007-01-20 06:29:57 · answer #9 · answered by harrypotterisgreat 2 · 0 0

They own a chain of laundromats in Liverpool.

2007-01-20 05:51:08 · answer #10 · answered by Anonymous · 1 1

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