So,how does the royal family actually earn money?
As King George VI put it, they are “not a family, we’re a firm.”
In 2021,Forbesestimated that the royal family is worth a whopping $28 billion.
Here are some of the signs the royal family is losing money.
However, since the pandemic, tourism numbers have yet to reach the heights they once were.
Lord Chamberlain Earl Peel wrote an email to the royal staff thatThe Sunobtained.
Many projects have been halted and all but essential expenditure has been suspended."
England is struggling economically right now, with the cost of living soaring and household income dipping.
However, they would be millions upon millions out of pocket.
As rich as they may be, their only true wealth comes from their personal assets and estates.
All royal art and crown jewels are official royal residences and are passed down within the scope of successors.
Morgan said, “This is the biggest policing operation that United Kingdom policing has ever undertaken.
World leaders from around the globe were in attendance, so extra security was needed for the somber event.
“In one year in 1992, the marriages of three of her children really collapsed.
This all sounded great, considering the government would be footing the bill.
Flash forward to March 2023, and all of these cheaper, cost-effective plans have gone out the window.
For reference, Queen Elizabeth II’s coronation in 1953 cost 1.5 million.
But … it will be a massive boost to tourism.
Hotels are already being booked out for the coronation weekend.”
Shortly thereafter, she stripped Prince Andrew of his military titles and patronages.
They need to hear no more.”
This is especially true when it comes to their expenditures.
The government spent 400,000 to venture to keep these memos quiet.
This is questionable, seeing as how the public is behind the royal family’s funds.
