The Royal Forums Coat of Arms


Join The Royal Forums Today
Reply
 
Thread Tools Search this Thread Display Modes
 
  #81  
Old 12-14-2014, 05:51 PM
Heir Presumptive
 
Join Date: Apr 2006
Location: England, United Kingdom
Posts: 2,055
I'm doubtful of the Almanach de Gotha estimates as they openly state they include for QEII the Royal Collection and palaces. Most other estimates agree these are not her private property so don't reflect her wealth as a person. Maybe as Head of State the Grand Duke is worth £3billion but as a family I doubt they have that much private wealth.
__________________

Reply With Quote
  #82  
Old 12-14-2014, 06:21 PM
SydneyLux's Avatar
Nobility
 
Join Date: May 2013
Location: Somewhere, Germany
Posts: 289
Quote:
Originally Posted by Duc_et_Pair View Post
It seems the Grand Duke pays for 90 staff out of his private assets.
He is not. The court employs about 100 people, 10 of them are state workers detached to work for the Grand Duke and directly paid by the state. The other 90 are employed by the court and thus paid for by the Grand Duke with the money given to him by the state. Next year, he will receive 9.8 million euros with 8.1 million euros going into the salaries of the people working for the court. He, however, does use private money to fullfill all of his representative duties.

If you look more detailed into the estimations of the wealth of the Grand Ducal Family, you will see that many of them simply can't be true as they still list the Grand Ducal Palace and Berg Castle at the property of the Family even though they have been owned by the state for decades. Also, being wealthy and owning a lot of property does not equal having a lot of money laying around.
__________________

Reply With Quote
  #83  
Old 12-15-2014, 07:20 PM
Heir Presumptive
 
Join Date: Apr 2006
Location: England, United Kingdom
Posts: 2,055
I suspect somewhat that the Grand Ducal Family are, rather like most Royal Families very rich in assets but not in actual cash. Hence, perhaps, the attempt to auction of some of the late Grand Duchess' belongings. I read somewhere that whilst the main auction was stopped due to the outcry actually many of the less well known items were later sold off more discreetly anyway.
Reply With Quote
  #84  
Old 12-16-2014, 03:50 PM
SydneyLux's Avatar
Nobility
 
Join Date: May 2013
Location: Somewhere, Germany
Posts: 289
Quote:
Originally Posted by tommy100 View Post
I read somewhere that whilst the main auction was stopped due to the outcry actually many of the less well known items were later sold off more discreetly anyway.
Exactly. See the following links for more details:

Luxarazzi : Luxarazzi 101: 2007 Amsterdam Auction of Grand Duchess Joséphine-Charlotte's Jewellery
Luxarazzi : Luxarazzi 101: 2008 Geneva Auction of Grand Duchess Joséphine-Charlotte's Jewellery
Luxarazzi : Luxarazzi 101: 2009 Geneva Auction of Grand Duchess Joséphine-Charlotte's Jewellery
Reply With Quote
  #85  
Old 04-27-2018, 01:34 PM
Blog Real's Avatar
Heir Presumptive
 
Join Date: Jan 2013
Location: Lisboa, Portugal
Posts: 2,430
Anyone know if the Grand Duchy of Luxembourg has private business and has a great fortune?
__________________
Acclamation Manuel II of Portugal: 6 May 1908
Reply With Quote
  #86  
Old 04-27-2018, 02:27 PM
Duc_et_Pair's Avatar
Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 8,707
Quote:
Originally Posted by Blog Real View Post
Anyone know if the Grand Duchy of Luxembourg has private business and has a great fortune?
I don't think so. The fortune of Grand-Duchess Charlotte was distributed by her many children, amongst them Grand-Duke Jean.

Grand-Duke Jean has many children, amongst them Grand-Duke Henri.

Grand-Duke Henri has many children.

Etc. So the wealth will water down.
__________________

Reply With Quote
Reply

Tags
inheritance, luxembourg, luxembourg royals, wealth


Currently Active Users Viewing This Thread: 1 (0 members and 1 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
Luxembourg Grand Ducal Family Picture Thread, Part 1 hillary_nugent Grand Ducal Family of Luxembourg 147 11-16-2018 06:46 AM
General Information and Questions about the Luxembourg Grand Ducal Family Athena Grand Ducal Family of Luxembourg 250 12-20-2017 02:19 AM
Websites for the Luxembourg Grand Ducal Family Jacqueline Grand Ducal Family of Luxembourg 38 11-28-2017 03:54 PM
Luxembourg Grand Ducal Family, Current Events Part 4 (Oct. 2006 - Sept. 2017) suturegeisha Current Events Archive 537 09-22-2017 02:23 AM




Popular Tags
bavaria;house;chef;luitpold;ludwig british royal family camilla charles china clothes countess of wessex crown princess victoria current events danish royal family de belgique denmark duchess of cornwall duchess of sussex duke of cambridge duke of edinburgh emma fashion felipe and letizia forum gordon harry and meghan hasnat khan head of the house interesting facts jacobite juan carlos king felipe king felipe vi lineage meghan markle member norwegian royal family patron plantagenets porphyria prince charles prince harry prince harry of wales princenapoleon princess princess anne princess beatrice princess diana princess eugenie princess of belgium public image pyrmont queen elisabeth queen letizia queen maxima relationship remarriage royal royal ancestry royal ancestry; oscar and sophia royal family royal geneology royal wedding rumania sarah duchess of york state visit sweden tom bower tradition viscount severn wedding wedding of prince harry windsor castle ww1



Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -4. The time now is 03:08 PM.

Social Knowledge Networks

eXTReMe Tracker
Powered by vBulletin
Copyright ©2000 - 2018
Jelsoft Enterprises