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  #381  
Old 10-23-2010, 09:01 PM
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This is taken from the UK's Daily Mail, the article is about the UK Royals finances but there is a small table with the official costs from other European countries. The figures come from research from somewhere else though i think.

UK £41.5million
Holland £33.8million
Norway £23.9million
Belgium £11.7million
Denmark £10.5million
Sweden £10.2million
Spain £7.4million
Luxembourg £7.2million



http://www.dailymail.co.uk/news/arti...ns-seabed.html
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  #382  
Old 10-31-2010, 04:44 AM
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Forbes 15 Richest Royals list

While were doing lists, here is the latest "Forbes' 15 Richest Royals"
Values are in US dollars.
Forbes

1. Thailand’s King Bhumibol Adulyadej is the world’s richest royal with his Crown Property Bureau reported to be worth $30bn.

2. The Sultan of Brunei, Haji Hassanal Bolkiah, is the 2nd richest with a fortune of $20bn.

3. Saudi Arabia’s King Abdullah bin Abul Aziz saw his fortune rise modestly last year to $18bn.

4. Sheikh Khalifa bin Zayed Al Nahayan, Ruler of Abu Dhabi and President of the UAE, has a wealth totalling $15bn.

5. Dubai’s Ruler Sheikh Mohammed bin Rashid Al Maktoum saw his wealth drop $7.5 billion in the aftermath of the Dubai World debt announcement. But his fortune of $4.5bn is still secures him 5th place.

6. HSH Prince Hans-Adam II von und zu Liechtenstein, the Reigning Prince of Liechtenstein, is reported to be worth $3.5bn.

7. King Mohammed IV of Morocco is one of the youngest monarchs on the list aged 46 and is said to be worth $2.5bn.

8. Qatar’s Sheikh Hamad bin Khalifa Al Thani is estimated to be worth $2.4bn.

9. 52 year-old HSH Prince Albert II of Monaco has a fortune estimated at $1bn.

10. Prince Karim, HH The Aga Khan IV, has an estimated wealth of $800m.

11. The Sultan of Oman, Qaboos bin Said, has a fortune of $700m.

12. Queen Elizabeth II is estimated to have a personal wealth of $450m.

13. Kuwait’s Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah is said to be worth $350m.

14. Queen Beatrix of the Netherlands is reported to be worth $200m.

15. King Mswati III of Swaziland is worth around $100m and at 42 is the youngest royal on the list.
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  #383  
Old 12-08-2010, 11:29 AM
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I believe there must be some wealth hide in the Switzerland bank
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  #384  
Old 09-27-2012, 10:36 PM
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The BRF isn't even the most expensive royal family in Europe. That honour goes to the Dutch.

Dutch royal family 'overtake Britain's as most expensive in Europe' - Telegraph
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  #385  
Old 09-28-2012, 03:27 AM
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Quote:
Originally Posted by Duke-of-Earl View Post
The BRF isn't even the most expensive royal family in Europe. That honour goes to the Dutch.

Dutch royal family 'overtake Britain's as most expensive in Europe' - Telegraph
That article is based on an annual report by a Belgian professor. What the article forgets to mention is that the professor himself says that his research isn't complete! Since a few years ALL costs of the Dutch RF are transparent and listed under 'royal house' on the budget. In f.e. Spain, the costs of the 'royal house' is much lower, but this is an artificial difference. Lots of costs are listed under different ministeries, f.e. the travels of the members of the RF are listed under the ministery of traffic, the security costs under the ministery of interior affairs, upkeep of palaces under the ministery of housing etc. That way the costs of 'royal house' is artificially low.

I do not believe that the Dutch monarchy is the cheapest one in Europe, but it is absolutely impossible that it is the most expensive one. Just the security costs for the Spanish and British RFs should be MUCH higher.
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  #386  
Old 05-05-2015, 04:51 PM
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It is often mentioned in the press that, considering private wealth only (i.e. excluding state/Crown-owned assets and other sources of public financing), the richest reigning families in Europe are from the smaller countries of Liechtenstein, Monaco and Luxembourg, followed then by the British and Dutch royal families. There has been some reporting also on the private wealth of the Swedish RF, but almost no reporting at all on the Danish, Belgian, Spanish and Norwegian royal houses.

I suppose that the British RF is collectively worth more than their Dutch counterparts, but not by a very large margin. Among the other European royal families (excluding the principalities and Luxembourg), I really have no idea of how they rank relatively to each other. Does anybody know ?
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  #387  
Old 05-10-2015, 02:40 PM
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Germany has a castle, several, etc. etc. but Thailand is the richest according to wiki, on Crown property, Brunei from oil and gas, Saudi Arabia on oil, Arab Emirates because of Investment in Abu Dhabi, in order mind you, Liechtenstein holdings in foundation, Qatar various empires, Monaco including casinos various enterprises, France various enterprises, Oman various enterprises, UK various assets, Kuwait various enterprises,Netherlands holding in oil and gas, a specific listed, Swaziland various enterprises. Top 15 on wiki. It has names, but why disclose?

Anyway Prince Charles got and paid back a twenty million dollar personal loan to rebuild a castle, open now, I think, to the public in Scotland, with benefactor help, so, really that stands out as a personal wealth no everyday regular person is going to achieve. Yet he didn't just do it for himself. People can also get married at the thing, do lunch and I think there is a bed and breakfast. See so these top 15, we are most likely all benefiting from oceans away in one way or another. That's what really counts, that royal wealth is a benefit to civilization in society, know what I mean. I couldn't fathom a twenty mil personal loan. lol. It'd take me like three lifetimes to pay back 2 mil.
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  #388  
Old 08-09-2015, 02:10 PM
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Quote:
A recent report from Standard & Poor’s shows that 40 percent of global sovereign debt belongs to monarchies. However, only 39 out of the 129 countries have a king or queen as head of state, estimated the agency.
The most indebted monarchy is Japan, led by Emperor Akihito. Tokyo owes more than $11 trillion, over 25 percent of the total debt.
Britain’s Queen Elizabeth II, who is also the head of state of more than a dozen nations within the Commonwealth, has the second-highest debt.
https://www.rt.com/business/311859-m...n-debt-rating/

Is having a monarchy better for your economy?

I hope that Japan will turn its economic situation around.
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  #389  
Old 08-09-2015, 02:38 PM
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Japan is an unique case. Almost all of the debt is owed to Japanese investors, that means: in Yens. That means that in principle the Japanese central bank can order the presses switched on and print billions of Yens to pay the debts. This in contrary to Greece, which has all of his debts in Euros or Dollars, to foreign creditors.

Japan was almost destroyed after WWII, has been hit by earthquakes, hurricanes, tsunamis and floodings. Especially the last one, with the nuclear diasaster aroud Fukushima has taken an enormous toll on the Japanese economy, to the extent that the Greek drama is just a little side-note in comparison with the enormous challenges.

The State Debt alone is not enough, you need the whole picture. In the Netherlands the pension funds alone have a capital of 1.100 billion Euro in cash which is more than the National Debt (800 billion). Add to this 450 billion Euro of savings on the Dutch bank accounts, then the Dutch National Debt is double covered by Dutch liquid cash savings. The image then becomes becomes more balanced and that is why the Netherlands have an AAA-rating, like Germany, Austria, Finland, etc.

Look at a normal private person: he has a debt of 200.000 Euro on his house (mortgage). At the same time the house is valued for 300.000 Euro. So looking to the debt alone is not enough. That counts for states also. France has an equally enormous debt like the United Kingdom. But where the United Kingdom has sold all the table silver, the state of France still owns enormous holdings in France Télécom, SNCF (railways), Air France, EDF (Electricity), Peugeot, Airbus, Gaz de France, etc. That is a major difference with the United Kingdom, which really has sold e-ve-ry-thing to foreign investors, even the energy companies, public transport firms or the car industry are foreign owned. Germany has the same policy as France. It has an enormous National Debt but also owns the most (in terms of capital worth) out of any European country in state owned assets, for an example it owns 20% of VW Group, Europe's biggest car manufacturer. And... the Bundesländer (the states of Germany, like Bavaria, Hannover, etc.) on their turn own major assets as well.
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  #390  
Old 09-04-2015, 08:38 PM
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Quote:
On September 9 Queen Elizabeth II will become the longest serving monarch in British history.

This milestone has already begun to reignite debates about the Monarchy's future and whether it is an asset or a drain on the British economy.

Now specialist brand and business valuation agency Brand Finance have sought to put a figure on the Monarchy's value to Britain's economy.

The firm found that the British Monarchy is worth about £57 billion and will make a net contribution to the economy this year of £1.16bn.
Read more: British Monarchy to contribute £1.16bn to UK's economy | Western Morning News
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  #391  
Old 01-01-2017, 07:36 PM
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Personal Wealth of Royal Houses

Is there information on the personal wealth of the heads of the royal houses or the families as a whole? If so, I'm curious as to how this wealth is generated given they receive a salary from their countries only and that they don't receive money for supporting specific companies, for example. I suppose some of it comes in the form of "personal gifts" which must indeed be very valuable in some cases.
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  #392  
Old 01-01-2017, 07:43 PM
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The BRF do not receive a salary at all. They receive income from four sources:

The Sovereign Grant which covers their official expenses and the maintenance of the occupied royal palaces.

The Duchy of Lancaster which provides a private income for the monarch of the day and was established for this purpose in the Middle Ages. The Queen uses this for her day to day expenses as well as the official expenses of the extended family - from Andrew down in the line of succession. She has also used this to establish trust funds for her children and grandchildren

The Duchy of Cornwall which provides a private income for the heir apparent to the throne and his family. When there is no heir apparent the money goes into the state treasury. Currently this income supports Charles, Camilla, William, Kate, George, Charlotte and Harry.

The private properties of the royal family and investments made from their private incomes e.g. Balmoral and Sandringham.

Over the course of several hundred years an amount of wealth will have accumulated and it isn't going anywhere due to the Sovereign to Sovereign Tax Free situation so when the Queen passes she will leave most, if not all, of her estate to Charles as then there will be no inheritance tax. Anything she leaves to anyone else will be subject to inheritance tax the same as everyone else.
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  #393  
Old 01-01-2017, 09:04 PM
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Quote:
Originally Posted by carlota View Post
Is there information on the personal wealth of the heads of the royal houses or the families as a whole? If so, I'm curious as to how this wealth is generated given they receive a salary from their countries only and that they don't receive money for supporting specific companies, for example. I suppose some of it comes in the form of "personal gifts" which must indeed be very valuable in some cases.
Information on the personal wealth of royal families is limited since it is mostly private in nature. In general terms though, in addition to the income they receive directly from the State or from public trusts (like the Sovereign Grant or the Duchies of Lancaster and Cornwall in the UK), royals, like everybody else, also earn income from assets that are privately owned by the family like real state, stocks, bonds, etc. Moreover, they also usually own personal items such as jewelry or art that add to their net worth.
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  #395  
Old 01-02-2017, 11:06 AM
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From my limited understanding, the royal families of the Gulf and south-east Asia, or the princely families of Liechtenstein and Monaco, are set apart from the other "normal" European royals in the sense that they still personally own a significant chunk of the Crown properties or holdings, making them billionaires or, sometimes, even multibillionaires. By contrast, most European royal families historically came to an arrangement under which they transferred most of the Crown holdings directly to the State or placed them under public trusts in exchange for the monarch no longer being personally responsible for paying for things like the civil government for example and the State basically promising to fund the royal household perpetually and granting the king a right of disposal over certain assets plus, sometimes, tax exemptions.

What is now counted as the "personal wealth" of most European royal families is, therefore, their residual private holdings that were not transferred to the State, or were acquired a posteriori and, in some cases, multiplied by sound investment. For families like the Windsors or the Orange-Nassaus, those private holdings are still extensive, i.e. in the multi-million dollar range, though nothing compared to the Gulf monarchs or the sovereign princes of the small European states . By contrast, the private wealth of royal families like those of Belgium, Norway, or Spain is fairly modest, although that is somewhat mitigated in practice by the fact that some of them, e.g. the Belgians, actually have a personal right of disposal over considerable assets under the arrangements I alluded to in the previous paragraph. The Swedish Bernadottes on the other hand are generally thought to be in between the British/Dutch and the Belgian/Norwegian/Spanish (maybe also Danish ?) RFs, with a middle-range personal net worth by European standards.
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  #396  
Old 01-02-2017, 11:26 AM
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Didn't the lichensteins sell some of their very valuable paintings in the sixties because they were almost bankrupt?
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  #397  
Old 01-02-2017, 11:40 AM
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Some things are difficult to put a price on until it's put up for sale. The Royal Philatelic Collection, one of the best private collection of stamps in the world, was inherited by the Queen from her father George VI and is valued between £10-£100 million.

The same with her private art collection. On the auction block it could be worth a lot of money.
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  #398  
Old 01-02-2017, 12:14 PM
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To paraphrase the late Duchess of Alba, during life generally seen as one of Spain's wealthiest persons: one can not take a Rembrandt under the arm to go to the supermarket. With other words: royals and nobles often are rich in properties and are relatively poor in cash.

A nice diamond parure or a painting by Rubens represent a serious value but the money comes only free when it is sold. And often such historical pieces are so connected with the patrimonium of a Royal House that a sale would cause an outrage in media: "The already stupendously rich royals are selling out national treasures!", easily overlooking that exactly this alleged wealth is stuck in these treasures...

Some Royal Houses have sold estates and properties and created investment portfolios. Not so interesting as a spectacular diamond necklace or a Flemish Master, but at least this generates revenues from dividends etc.

The Orange-Nassaus have placed all private properties which were considered "subservient to the execution of the royal dignity" into family foundations. With that move they suddenly "lost" the bulk of their wealth. In reality the family foundations give them ownership rights without being the legal owner. They have also sold estates and domains. Several Trusts have been created to ensure that the daughters of the late Queen Juliana, the sons of the former Queen Beatrix, and we may assume in the meantime also the daughters of King Willem-Alexander are/will be provided with financial support for the execution of their royal role. So cost-swallowing properties as Soestdijk Palace were sold and investment portfolios were created to feed these special Trusts. Sensitive planning and wise.
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  #399  
Old 01-02-2017, 12:34 PM
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Originally Posted by Frelinghighness View Post
Didn't the lichensteins sell some of their very valuable paintings in the sixties because they were almost bankrupt?
Yes the sold some of their paintings but in the meantime it is again different. they are even trying to buy new paintings. They also don't get Money from the State and Vaduz Castle where they live is owned by them and not the State.
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  #400  
Old 02-18-2017, 06:54 PM
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What are the richest noble families in each country?

In the Great Britain it is the duke of Westminster, in Spain it is the duke of Alba and in Germany it is the prince von Thurn und Taxis. What about other countries like France or Belgium?
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