The Royal Forums Coat of Arms


Join The Royal Forums Today
Reply
 
Thread Tools Search this Thread Display Modes
 
  #1881  
Old 08-21-2017, 10:17 PM
Heir Apparent
 
Join Date: Dec 2010
Location: Philadelphia, United States
Posts: 4,990
Quote:
Originally Posted by Rudolph View Post
He sold his home in 2007 for Ģ15 million, Ģ3 million over the asking price.

That was somewhat dodgy though, wasn't it?
The place was rather derelict so why did someone pay that much?
__________________

Reply With Quote
  #1882  
Old 08-21-2017, 10:19 PM
Countessmeout's Avatar
Imperial Majesty
 
Join Date: Sep 2011
Location: alberta, Canada
Posts: 11,037
Quote:
Originally Posted by Pranter View Post
IIRC weren't the Queen's children left a decent amount of money etc from the QM?


LaRae

Yes it was reported about 3 million pounds each. The girls also have money from when the family home was sold. The girls could live lavishly off the interest of their trust funds without eating into actual assets.
__________________

Reply With Quote
  #1883  
Old 08-21-2017, 10:35 PM
Pranter's Avatar
Imperial Majesty
 
Join Date: Nov 2011
Location: Midwest, United States
Posts: 11,686
Thanks Countessmeout that's what I thought...couldn't imagine they wouldn't be set up well...and will inherit more after Andy passes.

LaRae
Reply With Quote
  #1884  
Old 08-22-2017, 12:23 AM
Heir Presumptive
 
Join Date: Nov 2014
Posts: 2,984
Quote:
Originally Posted by Mirabel View Post
That was somewhat dodgy though, wasn't it?

The place was rather derelict so why did someone pay that much?


Why indeed !! Anything Andrew or Sarah do money wise is a ... how and why and just a bit dodgy
Reply With Quote
  #1885  
Old 08-22-2017, 02:59 AM
Duc_et_Pair's Avatar
Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 9,818
Quote:
Originally Posted by Pranter View Post
IIRC weren't the Queen's children left a decent amount of money etc from the QM?


LaRae
No, the entire estate of the late Queen Elizabeth went to her only surviving child, Queen Elizabeth II.

Source

The estate was rich in properties but was poor in cash, as the Queen Mother left substantial debts. So I donīt see where the working capital should have come from to leave "a decent amount of" money to her six grandchildren (The Prince of Wales, The Princess Royal, The Duke of York, The Earl of Wessex, The (then) Viscount Linley and Lady Sarah).
Reply With Quote
  #1886  
Old 08-22-2017, 03:04 AM
Majesty
 
Join Date: Aug 2014
Location: Melbourne, Australia
Posts: 6,938
I believe there have been many many rumours over the years about some sources of Andrew's wealth, (and Sarah's borrowings), some of which might be worth the media looking into. It's been said that, at least during Andrew's trade envoy days, he networked and made many valuable friendships with wealthy foreigners.
Reply With Quote
  #1887  
Old 08-22-2017, 03:29 AM
Heir Presumptive
 
Join Date: Dec 2010
Location: Waterford, United States
Posts: 2,649
Quote:
Originally Posted by Duc_et_Pair View Post
No, the entire estate of the late Queen Elizabeth went to her only surviving child, Queen Elizabeth II.

Source

The estate was rich in properties but was poor in cash, as the Queen Mother left substantial debts. So I donīt see where the working capital should have come from to leave "a decent amount of" money to her six grandchildren (The Prince of Wales, The Princess Royal, The Duke of York, The Earl of Wessex, The (then) Viscount Linley and Lady Sarah).
According to the article linked, the QM set aside money in trust funds for her grandchildren in 1994.
__________________
"If you look for the bad in people expecting to find it, you surely will.”

Abraham Lincoln
Reply With Quote
  #1888  
Old 08-22-2017, 05:52 AM
muriel's Avatar
Majesty
 
Join Date: Jun 2007
Location: London / Guildford, United Kingdom
Posts: 9,063
Quote:
Originally Posted by Duc_et_Pair View Post
No, the entire estate of the late Queen Elizabeth went to her only surviving child, Queen Elizabeth II.

Source

The estate was rich in properties but was poor in cash, as the Queen Mother left substantial debts. So I donīt see where the working capital should have come from to leave "a decent amount of" money to her six grandchildren (The Prince of Wales, The Princess Royal, The Duke of York, The Earl of Wessex, The (then) Viscount Linley and Lady Sarah).
The monies left to grand children and other family members were probably given to trusts long before she died, so would not have been part of her estate
Reply With Quote
  #1889  
Old 08-22-2017, 06:14 AM
Heir Apparent
 
Join Date: Apr 2016
Location: London, United Kingdom
Posts: 4,595
Quote:
Originally Posted by Mirabel View Post
Charles and William may end up supporting the girls anyway.
I don't know if they can be described as trust-fund heiresses; they did have trust funds at one point, but Fergie had access to them (who thought that was a good idea?)

There might not be anything left.
I doubt if Sarah was a trustee so she could only have access to the income and then only if the trustees/girls agreed surely?
I understood that the dvorce settlement gave money directly to the girls in trust funds and gave Sarah very little. Probably because she's known to be so bad with money it was best to set it up directly for the children.
Its possible that if they wind up in financial problems, Charles and Will may have to support them at some stage out of family loyalty, but I think C is trying to minimise the chances of that happening. He wants to keep unnecessary people away from "doing royal duties" so that he can try and avoid having to support them.. If they "work as royals" he may end up wit havng to pay for thtem later on, as the queen has had to do with the Kents. and I thik he also wants to avoid a situation where there are lots and lots of royals working because that way if one of them gets into trouble or causes a scandal he has some distance from tehm.
Reply With Quote
  #1890  
Old 08-22-2017, 07:50 AM
Duc_et_Pair's Avatar
Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 9,818
Quote:
Originally Posted by ladongas View Post
According to the article linked, the QM set aside money in trust funds for her grandchildren in 1994.
Yes, I have seen that, but they inherited nothing from the late Queen Elizabeth, as was the assumption: her entire estate went to her only surviving child. When trust funds were created for her grandchildren, we may assume she made no difference in the children of her daughter Elizabeth or the children of her daughter Margaret. I can not peek in the purse of Andrew or Edward or David or Sarah but none of them appear very wealthy to me. My feeling says that they are well-off, have the luck to have been provided great housing and use of services from the Court but would they all be multi-millionaires, to say something?
Reply With Quote
  #1891  
Old 08-23-2017, 07:47 AM
JessRulz's Avatar
Administrator
Blog Editor
Royal Blogger
 
Join Date: Nov 2005
Location: Melbourne, Australia
Posts: 8,356
A number of posts discussing the Queen Mother's inheritance and trust funds have been moved to the Royal Wealth and Finances thread. Please continue any wealth/finances discussion there.
__________________
**TRF Rules and FAQ**
Reply With Quote
  #1892  
Old 09-20-2017, 04:05 PM
Aristocracy
 
Join Date: May 2017
Location: Berlin, Germany
Posts: 193
With William's third child on the way, any chance of these two having any sort of royal duties is over. They are simply expendable in the grand scheme of the Monarchy and should settle for quiet lives away from the public eye.
Reply With Quote
  #1893  
Old 12-28-2017, 08:16 PM
Nobility
 
Join Date: Jan 2012
Location: Balmoral, United Kingdom
Posts: 493
Quote:
Originally Posted by Kronprinz View Post
With William's third child on the way, any chance of these two having any sort of royal duties is over. They are simply expendable in the grand scheme of the Monarchy and should settle for quiet lives away from the public eye.
I completely agree with this.

They are now completely unnecessary when it comes to royal duties. There is little point in either of them continuing to be princesses at all.
Reply With Quote
  #1894  
Old 12-28-2017, 08:46 PM
Osipi's Avatar
Imperial Majesty
 
Join Date: Jul 2008
Location: On the west side of North up from Back, United States
Posts: 14,450
They will always be princesses just because of who they were born to. That's not going to go away. They are, however, most likely to remain as private citizens that just happen to have the Queen as their grandmother.
__________________
No law can be sacred to me but that of my nature. Good and bad are but names very readily transferable to that or this; the only right is what is after my constitution, the only wrong what is against it.

~~~Ralph Waldo Emerson~~~
Reply With Quote
  #1895  
Old 12-28-2017, 08:58 PM
Aristocracy
 
Join Date: May 2017
Location: Berlin, Germany
Posts: 193
Quote:
Originally Posted by royal-blue View Post
I completely agree with this.

They are now completely unnecessary when it comes to royal duties. There is little point in either of them continuing to be princesses at all.
They can continue to be princesses, they simply will have no roles or participation in the inner workings of the Monarchy.

Being HRH is both a blessing and a curse to them. On one hand, they get all the privileges of being members of the Royal Family, staying at Royal Lodge, parties in NY and holidays in Thailand at the Queen's expense, etc. On the other hand, they can never truly lead private lives like Peter and Zara.

And it will only get worse once Charles becomes King. They'll be even more irrelevant then.

By the time they die, their position might be similar to that of Princess Beatrice, Queen Victoria's youngest daughter, when she died in 1944. So far removed from the core RF that nobody can remember what sort of relationship they would have with the monarch.
Reply With Quote
  #1896  
Old 12-28-2017, 09:00 PM
Countessmeout's Avatar
Imperial Majesty
 
Join Date: Sep 2011
Location: alberta, Canada
Posts: 11,037
They are born princesses and will remain princesses. What they do now is as a private citizen. Like anyone born to wealth, they can choose to focus on charity work and not have a job as Beatrice is doing. Eugenie has a full time job. The events they attend are the same as Zara, or even further down like the kids of the Dukes of Kent and Gloucester. Who are even further from the throne.

There may come a day where they will be needed. The reality is that the Gloucesters and Kents are retiring off.And it will be a good thirty years or close before even George is ready to take on any duties. William and Harry will have a heavy load to carry, as their aunts and uncles slow down as well.

Considering they get no public funding at all, I don't get why people complain. They are private citizens. What do people expect them to do, join a convent and never be seen???
Reply With Quote
  #1897  
Old 12-28-2017, 09:13 PM
Osipi's Avatar
Imperial Majesty
 
Join Date: Jul 2008
Location: On the west side of North up from Back, United States
Posts: 14,450
Quote:
Originally Posted by Kronprinz View Post
Being HRH is both a blessing and a curse to them. On one hand, they get all the privileges of being members of the Royal Family, staying at Royal Lodge, parties in NY and holidays in Thailand at the Queen's expense, etc. On the other hand, they can never truly lead private lives like Peter and Zara.
They can stay at Royal Lodge for the reason being that their father has a lease on the property. As far as I know, nothing in the two York princesses' lives are ever at the Queen's expense. Their father, Andrew, pays out of pocket for their security. How they finance whatever they do, is their own private business.

They, however, are very unlikely to have to live paycheck to paycheck to make ends meet. They have things such as trust funds and its possible that a lot of their holidays are cheaper than most because they've been invited by friends. For example, if a friend just happens to be Holly Branson Andrews, cheap flight via Virgin could be possible because Holly's dad owns the business. Stay at Necker Island for free as Holly's dad owns the place. Cruise the Mediterranean cheap because friends own a yacht. That kind of thing.
__________________
No law can be sacred to me but that of my nature. Good and bad are but names very readily transferable to that or this; the only right is what is after my constitution, the only wrong what is against it.

~~~Ralph Waldo Emerson~~~
Reply With Quote
  #1898  
Old 12-28-2017, 09:22 PM
Countessmeout's Avatar
Imperial Majesty
 
Join Date: Sep 2011
Location: alberta, Canada
Posts: 11,037
Exactly, they stay at Royal lodge because it is their father's home. He paid a lease on the home. They also pay rent on their apartment they have in SJP. Or at least their father does. None of this money comes from the queen or from tax payers. And if it came from the queen, comes from her own money and would be hers to complain about no one else's.

The York girls fund their life the same way their cousins do, through trust funds. They have substantial trust funds like the Wales boys do.

And as Osipi pointed out, many of their holidays are practically free if not. They spend a lot of time with their friends the Bransons at their private homes, and I doubt Richard and his kids charge them. They also go to Switzerland where they own a home.

Many of the so called 'vacations' are not vacations anyways. When they are pictured 'dining out in NY with a designer' Beatrice was there presenting an award for the UN. When Eugenie was 'partying in Miami', she was there for a big art event being hosted by her gallery.
Reply With Quote
  #1899  
Old 01-03-2018, 06:32 PM
XeniaCasaraghi's Avatar
Heir Apparent
 
Join Date: May 2011
Location: Texas, United States
Posts: 3,674
Why are people trying to sideline B&E at this particular point. One day they may not be needed but I don't think George and Charlotte should be grouped into that streamline royalty when they may not be doing royal duties for another 2 decades; and if they are anything like the or father and mother they won't be full time until they are in their 30's. I'm not saying B&E are valuable commodities, just that people need to stop acting like WnK have already produced 3 working royals.
Reply With Quote
  #1900  
Old 01-03-2018, 06:48 PM
M. Payton's Avatar
Royal Highness
 
Join Date: May 2017
Location: USA, United States
Posts: 1,851

Now your comment had me in stitches because one of those hard working royals is not even born yet...........and the other two are still babies in a sense....hard working now, yes they are hard working at growing up and learning to walk and talk and what, shaking hands, cutting ribbons already..... Ah, if only we could really see the future here.....what would Princess Charlotte be wearing tonight?
And how many children do Eugenie and Beatrice have to carry out royal duties?
__________________

Reply With Quote
Reply

Tags
career, education, princess beatrice, princess eugenie, royal duties, social life, styles and titles


Currently Active Users Viewing This Thread: 2 (0 members and 2 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Princesses Beatrice and Eugenie Picture Thread: All Years Warren The Duke of York, Sarah Duchess of York, and Family 97 09-27-2015 11:09 AM
Duties, Roles and Royal Training of the Princes JOY! British Royals 214 02-20-2013 08:07 PM
Beatrice and Eugenie: Baby/Childhood Pictures Martine The Duke of York, Sarah Duchess of York, and Family 133 03-04-2006 12:25 AM




Popular Tags
althorp archie mountbatten-windsor aristocracy armenia bangladesh belgian royal family birthday celebration castles charles of wales crown prince hussein crown prince hussein's future wife current events cypher danish royalty denmark diana princess of wales duchess of sussex duke & duchess of cambridge; duke of cambridge duke of sussex dutch dutch royal family family search felipe vi foundation friendly city future genealogy general news germany hamdan bin mohammed hill house of bourbon house of saxe-coburg and gotha israel king salman languages lithuanian castles meghan markle memoir mohammed vi monaco christening monaco history monarchism netflix nobel 2019 norway history official visit prince charles prince harry prince of wales princess margaret royal children royal tour russian imperial family saudi arabia south africa spain spanish history spencer family state visit state visit to denmark sweden swedish royal family swedish royalty thai royal family tracts trump united kingdom working royals; full-time royals; part-time royals;


All times are GMT -4. The time now is 03:22 AM.

Social Knowledge Networks

eXTReMe Tracker
Powered by vBulletin
Copyright ©2000 - 2020
Jelsoft Enterprises
×