Chapter 1936 The Richer Royal Family

Compared with the embarrassment of the royal family, the properties that the royal family voluntarily gave up have made a lot of money through the management of the "Royal Asset Management Bureau", a specialized agency.

This huge industrial group includes Buckingham Palace, Windsor Castle, London's famous commercial street Regent Street, more than a dozen large commercial centers and office buildings all over the country, half of the land in the St. James area, and all the sea extending 12 nautical miles from the British coastline. Beds, countless farms, mines, golf courses, horse racing and more.

The total assets add up to more than 10 billion pounds, and the investment income handed over to the national treasury by the Royal Assets Administration is nearly 300 million pounds.

After such a comparison, the Queen is naturally mentally unbalanced, and it is understandable that she proposes a "salary increase". I have made money from my assets and handed them over to the country. Why is it my turn to pay me a salary but she is so stingy?

This is equivalent to a large landowner using his own land to join a larger comprehensive group. He contributes a lot of profits every year. However, when paying dividends at the end of the year, the group always defaults on payment and pays less in various names. The big landowner can be happy. That's weird.

As a result, Congress passed a bill in 2011 that linked the Queen's annual salary to the annual profits of the Royal Assets Administration, 15% of which belongs to the Queen. The bill officially came into effect in the fiscal year 2013 to 2014. After a simple calculation, the Queen is now Annual income of more than 30 million pounds.

In addition to financial allocations, the Queen also has a stable source of "private money". This part of "private money" mainly comes from one of the only two royal hereditary territories in the UK, the Queen's exclusive Dukedom of Lancaster, which includes A portfolio of 45,000 acres of land, 75 rental farms, eight castles and several other properties generates a steady annual income of around £12 million.

Another royal hereditary territory, Cornwall, belongs to Prince Charles, and its investment income is higher than that of the Queen, reaching 19 million pounds.

The third part of the Queen's income comes from her private real estate and investment income. Whether it is the duchy, Buckingham Palace or Windsor Castle, including priceless jewelry and royal art collections, these assets belong to the state and the royal family can enjoy them. Show it off, but have no right to sell it.

There are only two properties that are truly privately owned by the Queen. One is Balmoral Palace in Scotland, which contains 50,000 acres of wilderness, woods, and farms; the other is Sandringham Manor in East England, which covers an area of ​​20,000 acres. Acres, located on the seaside of Norfolk, with stunning scenery. Both estates were privately purchased by Queen Victoria more than 100 years ago. How to invest, operate, and spend is purely personal privacy and does not need to be reported publicly. It is passed to *** ***He must have made a lot of money here.

Although the Queen earns a lot of money every year, which is much higher than 99% of the people in the world, her family has a big business and a big expense. If she supports a large family, this little income is nothing.

This is also the reason why the queen of folk customs is very stingy.

It is said that once, Prince Charles accidentally lost a dog leash while walking his dog in the garden. When the Queen found out, she forced him to go back to the garden and retrieve the leash.

However, looking at the existing monarchy countries, the British royal family is living a relatively comfortable life. This is mainly due to its strong family background. It leaves the industry to specialized agencies to take care of it and reaps the profits itself. To say that it truly takes the lead in financial management and has superb skills The only royal family of this caliber is Liechtenstein.

The Duke of Liechtenstein is probably the only "self-reliant" royal family among the constitutional monarchies in the world. The three princes each perform their own duties. The eldest prince Aloi is the regent, the second prince Philip is responsible for the family's financial affairs, and the third prince is in charge of agriculture.

If you want to know the wealth of the Liechtenstein family, just look at the LGT Group. It was born out of the LGT Bank established in 1920. Later, the royal family purchased a majority of the shares, and decades later it was completely taken over by the "Grand Duke of Liechtenstein Foundation".

Today, LGT Group is a behemoth with total assets of more than 30 billion Swiss francs, and assets under management reaching 120 billion Swiss francs. It is the largest enterprise in Liechtenstein and the largest private banking and asset management group in the world that is entirely owned and managed by families. .

With such a strong group as its backer, the Liechtenstein royal family does not tax its subjects. After all, there are too few citizens, so it does not matter whether the tax is collected or not, but it is fine if it does not collect taxes. It also generously provides government and Parliament funded.

In order to keep the behemoth of LGT, every member of the Duke family must learn financial knowledge and even go outside for internships.

In fact, in terms of paper wealth, the Liechtenstein royal family is richer than the British royal family. Even a direct member of the Duke's family may be richer than the Queen of England. After all, in addition to the hundreds of millions of euros in investments in their own banks, they Most of the assets are overseas, including land in Austria, numerous palaces and properties in Vienna, and a large number of properties in the Czech Republic.

Speaking of which, the Liechtenstein royal family is still one of the few royal families that has not much contact with the British royal family. If I have to say it, maybe only the national anthem has some connection.

No need to listen carefully, anyone with normal ears will know that Liechtenstein’s national anthem “On the Young Rhine” is exactly the same as the British national anthem “God Save the Queen”.

Yes, the tunes of the two national anthems are exactly the same, but they use different lyrics. In fact, in the early years, more than one country "borrowed" the national anthem from the British and then changed its own lyrics.

However, with the passage of time, the countries that had adopted the "borrowing doctrine" in the early days gradually had their own national anthem, but Liechtenstein was unwilling to change its tune. Maybe it was too troublesome?

It is one of the only two monarchies in the world named after a family, the other being the Asian Kingdom of Saudi Arabia.

The origin of the Liechtenstein family can be traced back to the 12th century AD, which is 900 years old. It was an era of swords and shields, blood and fire. The Liechtenstein family has long been loyal to the Habsburg family of the Austrian emperor and is the great power of Austria. At its peak, the aristocracy had more than 90 castles and manors in Europe. Many members of the Liechtenstein family held important positions in the Habsburg regime and were one of the most trusted ministers of the Habsburg family.

Although the Princes of Liechtenstein had a high status and numerous fiefdoms, they did not have territories directly belonging to the Emperor of the Holy Ra Empire, so they were not eligible to attend the Imperial Parliament.

The family had been searching for this until 1699, when John Adam, Archduke of Liechtenstein, purchased the Schnelleberg estate, and then purchased the nearby county of Vaduz and merged the two territories. In 1719, the Holy Roman Empire Emperor Charles VI named this fiefdom Liechtenstein.

The Liechtenstein family purchased these two fiefs in order to gain a seat in the Holy Roman Parliament. After the political goal was achieved, they did not care about this fief. They have not been there at all for more than 120 years and still live there. Austria and Moravia only occasionally visit the principality in a condescending manner.

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