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-   -   Wealth of the Luxembourg Grand Ducal Family (http://www.theroyalforums.com/forums/f69/wealth-of-the-luxembourg-grand-ducal-family-19216.html)

hillary_nugent 08-31-2004 04:18 AM

Wealth of the Luxembourg Grand Ducal Family
 
Are they very wealthy compared to other Royal house or is their wealth just like any ordinary citizen which i doubt...? ^__^

carlota 08-31-2004 04:33 AM

they are the 2nd wealthiest royalty after liechtenstein. jean of luxembourg is also the second in the rank of wealthiest royals.

gaggleofcrazypeople 08-31-2004 08:16 PM

Quote:

Originally Posted by carlota
they are the 2nd wealthiest royalty after liechtenstein. jean of luxembourg is also the second in the rank of wealthiest royals.

Really? I never really thought of them as very wealth. Although, they do live in a rich country...

hillary_nugent 09-01-2004 03:26 AM

Quote:

Originally Posted by gaggleofcrazypeople
Really? I never really thought of them as very wealth. Although, they do live in a rich country...

Same here...i never considered them very wealthy...they don't seem so 'grandly' as the English royals...Does Luxembourg have a very strong economy or something? why are they so wealthy apart form inheritence...?

carlota 09-01-2004 12:13 PM

i have also thought that. as it's a tiny country i thought they were one of the poorest. however, statistics surprised me.
luxembourg has surely a strong economic. it's mostly based in its iron and coal. there lots of powerful european banks there... i have an uncle who works for a company of mine expotation often goes to luxembourg. :) i remember him talking to my mum and me about one of it's most important banks, which has a really stunning architectural design... he was talking about it for nearly 20 minutes... at that time i didn't know it was the country of the grand nassaus (i didn't know it was a gran duchy even), maybe that's why i didn't pay too much attention. :)

gaggleofcrazypeople 09-01-2004 07:15 PM

Aren't they now really into human resources now?

carlota 09-01-2004 08:25 PM

not really sure about it...

gaggleofcrazypeople 09-02-2004 07:19 PM

For all their wealth, they certainly are down to earth.

hillary_nugent 01-08-2005 08:56 AM

Wealth of the Grand Ducal Family
 
I wish i could reply Prince Guillaume or one of the other princes hahahaha...isn't PRince Guillaume worth $200 million...imagine what shopping with him would be like!!! *drools*

KatieLouise 01-08-2005 09:03 AM

By himself?!!! I read 90 million somewhere. Phew! But now for something completely different... has anyone seen any pics of cutie baby Jean (Guillaume and Sibilla's fourth child?) since his Baptism?

KatieLouise 01-08-2005 09:16 AM

Actually, I tell a lie - I read it was 900 million! That's insane. It was in a women's magazine so I'd like to know their source.

hillary_nugent 01-08-2005 09:25 AM

Golly are you serious? 900 million?!?! From what? Inheritance? golly...imagine the worth of the family combine..5 billion-ish...?

KatieLouise 01-08-2005 09:35 AM

I don't know whether that could seriously be his personal wealth, which is what was suggested - when did he have time to earn that? Maybe they meant he stands to inherit that much, which seems much more feasible. :)

destiny 07-04-2005 02:56 PM

The Last Will and Testament of Josephine
 
I was wondeing while surfing the net about the wealth of the reigning royal families of Europe. It was mentioned that the Luxembourg family is the second richest on the list. And Grand Duke Jean wealth valued at some 2 billion dollars.

Does anyone have any ideas on what was lefted for who by Josephine Charlotte?.It would be very interesting to know, what that handsome Crown Prince Guillaume must be worth?.:D

P.S. do you think he is worth more than Prince William?:confused:

delineate 07-04-2005 07:15 PM

Did you happen to be reading the TIME Europe article? That's the only one I've seen with a list of Europe's richest royals. I think the total family fortune is somewhere around $4 billion, but I have no way of knowing who that's divided among (Does every member of the family have a share, or just the Grand Dukes and their spouses/kids?) or who inherits what.


If the article I mentioned isn't the one you're referring to, or if anybody else is interested here's the link: http://www.time.com/time/europe/maga...hy/riches.html

drimal 07-05-2005 09:20 AM

The following informations are from magazine Revue:

In the national budget the civil list of the Grand Duke (Jean) is mentionned with 33,7 millions of ancient Luxembourgish francs (0,85 million Euro). The "Maison du Grand Duc" (House of the Grand Duke) is spending the biggest amount on the personnel and the servants.

In the year 2000 for example the "Maison du Grand Duc" costed 228.482.000 LUF( Luxembourgish francs) (5.663.920 Euro).

The treasury paid 15.156.000 LUF (375.707 Euro) of representation money in the year 1999 to the Grand Ducal court. In addition the court received 3.799.000.000 LUF (94.174.000 Euro) of representation money for the Hereditary Grand Duke. 165.642.000 LUF ( 4.106.158 Euro) were coming off the treasury for the payment of the servants.

Furthermore the Grand Ducal court got 4.277.000.000 LUF (106.024.060 Euro) of public servants payments . Eventually the state is paying 5.705.000.000 LUF (141.423.256 Euro) to the Grand Ducal court for its use and its maintenance of the buildings.

It is really overwhelming what large amounts of money are circulating every year among the state and the sovereigns of Luxembourg.:eek:

BMC 07-05-2005 09:30 AM

Yes it is a lot of money. But this money is used to pay for official events, etc. not for the personal use of the GD & his family, correct?

destiny 07-05-2005 09:30 AM

the last will and testament of Josephine
 
Drimal,

Is there some way you ca translate euros into dollars I donot understand the currency.

Aslo,is it true that this family is the second richest in Europe?. If so that would make CP Guillaume and his brothers very wealthy bachelors,right?

suturegeisha 07-05-2005 01:35 PM

Quote:

Originally Posted by destiny
Drimal,

Is there some way you ca translate euros into dollars I donot understand the currency.

Aslo,is it true that this family is the second richest in Europe?. If so that would make CP Guillaume and his brothers very wealthy bachelors,right?

Euros were created to compete with the dollar, so they are roughly the same value.
I did a quick conversion on XE and they have the following rate as of 1:33 PM Eastern US Time:
1.00 Euro=1.19132 US dollars.
Here's the site if you'd like to convert the amounts that Drimal was so kind to post.

legnavirginia2006 07-06-2005 12:03 PM

Oh mY god that is a lot of money for such a small country. Wow!!!! I am impresed.


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