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08-31-2021, 02:16 AM
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That may be true in Duchess of Alba case, but the Liechtenstein royal is not hurting on cashflow. The LGT bank which is owned 100% by the family, makes around 300 million CHF every year. Here is a news link. https://www.lgt.com/en/news/lgt-repo...flows-in-2020/
The family also owns winery, real estate, forestry, and wind farms. All of these businesses produce cash flow steadily. A New York Times article estimates that Prince Hans Adam spent 18 million a year on art. Here is the NYT article link.
https://www.nytimes.com/2004/06/28/a...-a-prince.html
Quote:
Originally Posted by Duc_et_Pair
The Fürst and his son the Erbprinz receive no income from the State but all their expenses are met. So their accomodation, representation, transportation, security, facilities, utilities and staff are paid for. The portrayal is "wow, that head of state does it all for free" but that is factually nonsense.
The billions of wealth attributed to the Fürst in popular media are also not the personal wealth but the fortune of the House, with the large art collection as main element.
To paraphrase the late Duchess of Alba: "Rich? Rich? I can not go to the supermarket with a Rembrandt under my arm" meaning that a family can be wealthy in assets but not necessarily in cashflow. The family Von und Zu Liechtenstein is quite extended and almost all of them work for their living. I can not think of any Liechtenstein Prince rolling their Euros or Swiss Francs in Monte-Carlo or Marbella.
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10-06-2021, 10:58 AM
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Imperial Majesty
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Join Date: Apr 2015
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Hereditary Prince Alois on behalf of Prince Hans-Adam awarded the Austrian National Council President Wolfgang Sobotka with the Grand Cross today in Vaduz
https://www.vaterland.li/storage/ima...qgj_6Xh0R0.jpg
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11-01-2021, 04:08 AM
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Commoner
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Join Date: Apr 2021
Location: Copenhagen, Denmark
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Does anyone have any news about Princely family of liechtenstein? I mean especially about children of Prince Alois and Princess Sophie. Thanks
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11-01-2021, 04:32 AM
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Majesty
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Join Date: Dec 2013
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 Prince Joseph Wenzel was in his aunt Princess Tatiana of Liechtenstein's wedding party.
http://www.gettyimages.com/license/535831658
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11-01-2021, 06:23 AM
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Imperial Majesty
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11-02-2021, 05:52 AM
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Imperial Majesty
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11-02-2021, 04:26 PM
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Administrator
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Hereditary Prince Alois continued attending the COP26 in Glasgow today, November 2:
** Pic 1 ** Pic 2 **
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12-17-2021, 12:40 PM
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Imperial Majesty
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Hereditary Prince Couple honored former Prime Minister Adrian Hasler and former Government Councilor Mauro Pedrazzini for their special services to the State of Liechtenstein.
https://www.volksblatt.li/nachrichte...rstliche-orden
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12-23-2021, 09:11 PM
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Majesty
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My blogs about monarchies
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01-17-2022, 02:02 PM
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Hereditary Prince Alois and Hereditary Princess Sophie, President of the Liechtenstein Red Cross, met with the President of the International Committee of the Red Cross (ICRC) Peter Maurer at Vaduz Castle today, January 17. Hereditary Princess Sophie and Peter Maurer afterwards attended the launch of the new ICRC Climate and Environment Transition Fund:
** Pic 1 ** Pic 2 ** Pic 3 **
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01-27-2022, 11:05 AM
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Imperial Majesty
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Prince Alois attended today 27 January at the Opening of the state parliament
https://www.vaterland.li/fotogalerie...e14760,2222204
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01-31-2022, 10:46 AM
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02-16-2022, 09:37 AM
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US Ambassador Scott Miller was received by Hereditary Prince Alois in Vaduz today, February 16:
** Pic **
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02-17-2022, 02:06 AM
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Imperial Majesty
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Hereditary Prince Alois received Günther Fritz, long-serving President of the Patriotic Union and former Editor-in-Chief of the Liechtenstein Fatherland, on 16 Febraury at Vaduz Castle to awarded him with the Commander's Cross of the Princely Liechtenstein Order of Merit for his special services to the country of Liechtenstein
https://www.volksblatt.li/nachrichte...verdienstorden
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02-18-2022, 01:47 AM
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Imperial Majesty
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03-14-2022, 07:28 PM
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"Hereditary Princess Sophie of Liechtenstein granted Radio Liechtenstein an interview in which she talked about the country’s response to the Ukrainian crisis" (..)
https://royalcentral.co.uk/europe/he...-funds-173712/
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03-20-2022, 11:06 PM
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Dr Craig Prescott, a constitutional lawyer, claims that Prince Joseph Wenzel is participating in government meetings.
"The Prince of Liechtenstein, Hans-Adam II, has already brought his grandson — not the heir, but the heir but one — into “meetings with ministers”. Dr Prescott explained that Prince Hans-Adam’s “more active role in politics” plays a role in the earlier preparations of his heirs.
He said: “I was thinking of Liechtenstein actually because I spoke with Prince Hans-Adam and Prince Alois [Hans-Adam’s son] of Liechtenstein a few weeks ago, and it’s interesting there because obviously the Prince of Liechtenstein has a much more active role in politics.
“They were already bringing, not the heir, but the heir but one, into meetings with ministers, because Prince Alois is exercising most of the functions on behalf of the reigning prince, and his son is already in meetings with ministers occasionally and he’s 26."
https://www.express.co.uk/news/royal...yal-family-spt
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