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  #381  
Old 10-23-2010, 08:01 PM
Nobility
 
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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, 03:44 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, 10:29 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, 09:36 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, 02:27 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, 03:51 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, 01:40 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, 01:10 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, 01:38 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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