Chapter 1936： Richer royal family

Compared with the embarrassment of the royal family, the property that the royal family voluntarily gave up has been managed by the special agency "Royal Asset Management Bureau", but it has made a lot of money.

This huge industrial complex 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, as well as half of the land in the St. James area, and all the sea extending 12 nautical miles from the British coastline. Beds, countless farms, minerals, golf courses, jockey clubs, etc.

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

In this comparison, the queen is naturally psychologically imbalanced. It is understandable to propose a "salary increase". My assets have made money and they have been handed over to the country. Why is it my turn to pay me a salary but so stingy?

This is equivalent to a large landlord using his own land to join a larger comprehensive group, contributing a lot of profit every year, but at the end of the year dividends, the group always defaults and pays less under various names, and the big landlord can be happy That's strange.

As a result, Congress passed a bill in 2011 linking the Queen’s annual salary to the annual profit of the Royal Assets Administration, of which 15% belonged to the Queen. The bill came into effect in the fiscal year from 2013 to 2014. Simply count, the Queen is now It can earn more than 30 million pounds in income every year.

In addition to financial allocations, the Queen also has a stable source of "private money". This part of the "private money" mainly comes from one of the only two royal hereditary territories in the UK, the Duchy of Lancaster, which is exclusively reserved for the queen. It includes The investment portfolio of 45,000 acres of land, 75 rental farms, 8 castles and several other properties has a stable annual income of about 12 million pounds.

Another piece of the royal hereditary territory of Cornwall belongs to Crown 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 source is her private real estate and investment income, whether it is the duchy, Buckingham Palace, or Windsor Castle, including the priceless jewellery and royal art collections. These assets belong to the country and can be enjoyed by the royal family. Show it off, but have no right to sell it.

There are only two real estates that are truly privately owned by the Queen. One is the Balmeral Palace in Scotland, containing 50,000 acres of wasteland, woods, and farms; the other is Sandringham Manor in East England, covering an area of ​​20,000 Acres, located on the Norfolk coast, with beautiful scenery. Both estates were privately purchased by Queen Victoria more than 100 years ago. How to invest, operate, and spend is purely personal. There is no need to publicly report it. It must be passed here. Also made a lot.

Regardless of the Queen's income every year, it is properly more than 99% of the people in the world, but the family business is also expensive, and if a large family points to her to support her, this income is nothing.

This is also the reason why the queen herself is very stingy in the folk critics. It is said that once, Prince Charles was walking the dog in the garden and accidentally lost a dog leash. After the queen knew about it, she forced him to return to the garden and put the dog Get the rope back.

However, looking at the countries with the existing monarchy, the British royal family has a relatively comfortable life. This is mainly due to its strong family background, handing over the industry to specialized agencies, and collecting profits on its own. It should be said that it is truly dominant in financial management and has excellent skills. The standard of the royal family may only be Liechtenstein.

The family of the Duke of Liechtenstein is probably the only royal family in the world’s constitutional monarchy. The three princes perform their duties, the prince Yaloi is the regent, the second prince Philip is in charge of family financial affairs, and the third prince is in charge of agriculture.

If you want to know the wealth of the Liechtenstein family, look at the LGT Group. It was born out of LGT Bank established in 1920, which was later purchased by the royal family for most of the shares, and was completely taken over by the "Liechtenstein Foundation" decades later.

Today, LGT Group is a behemoth with total assets of more than 30 billion Swiss francs, with assets under management reaching 120 billion Swiss francs. It is the largest company in Liechtenstein and the world's largest private bank and asset management group wholly owned and managed by a family. .

With such a strong group as its backing, the Liechtenstein royal family does not levy taxes on its subjects. After all, there are too few citizens. It does not make much sense to not collect tax money, but it does not matter if taxes are not collected. It is also generous for ZF and Funded by Parliament.

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

In fact, the Liechtenstein royal family has more money than the British royal family, and even a direct member of the ducal family may be richer than the Queen of England. After all, in addition to the hundreds of millions of euros invested in their own bank, they Most of the assets are overseas, including land in Austria, many palaces and properties in Vienna, and a large number of real estate in the Czech Republic.

Speaking of it, the Liechtenstein royal family is still one of the few royal families that have not much contact with the British royal family. If you have to say it, it may only be related to the national anthem.

There is no need to listen carefully, but anyone with normal ears knows that the Liechtenstein national anthem "On the Young Rhine" is exactly the same as the British national anthem "Bless 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 their lyrics.

However, as time goes by, the countries that have adopted "usage doctrine" in the past gradually have their own national anthem, but Liechtenstein is unwilling to change the course. Maybe it is troublesome?

As one of the only two monarchies in the world named after the family’s surname, the other is the Kingdom of Saudi Arabia in AsiaThe origins of the Liechtenstein family go back to the 12th century AD. 900 years of history, it was an age of swords and shields, blood and fire. The Liechtenstein family had long been loyal to the Habsburg family of the Austrian emperor. It was a great nobility in Austria. In its heyday, there were more than 90 castles and manors in Europe. Many members of the Liechtenstein family hold important positions in the Habsburg regime and are one of the most trusted ministers of the Habsburg family.

Although the Prince of Liechtenstein had a high status and many fiefs, they did not directly belong to the emperor of the Shenra Empire, so they were not eligible to attend the Imperial Assembly.

The family has been searching for this until 1699, when John Adam, the Grand Duke of Liechtenstein, purchased the Schnelberg Manor, and then the nearby Vaduz County, and merged the two territories. In 1719, the Holy Roman Empire Emperor Charles VI gave this fief the name Liechtenstein.

The Liechtenstein family bought these two fiefs in order to gain a place in the Holy Roman Council. After their political goals were achieved, they did not care about this fief. They had never been there for more than 120 years and still lived there. Austria and Moravia, only occasionally visit the Principality with dignity.

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