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Queen down to her last million due to courtiers’ overspending, report finds (Elizabeth II)
Daily Telegraph (UK) ^ | 12:01AM GMT 28 Jan 2014 | Steven Swinford

Posted on 01/28/2014 12:48:23 AM PST by Olog-hai

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To: canuck_conservative

I belive that the royals signed all of their “royal” assets over to the state in return for an annual stipend. It’s a big stipend.


21 posted on 01/28/2014 4:13:51 AM PST by Vermont Lt (If you want to keep your dignity, you can keep it. Period........ Just kidding, you can't keep it.)
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To: Cheapskate

22 posted on 01/28/2014 4:16:06 AM PST by Carriage Hill (Peace is that brief glorious moment in history, when everybody stands around reloading.)
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To: hearthwench

Just yesterday she was advertising for someone to fill her bath and serve tea. Yes, it’s true. $23,000 a year or less if you lived in.


23 posted on 01/28/2014 4:26:15 AM PST by bgill
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To: Telepathic Intruder

Could we get Her Royal Highness to use the last million of her family’s dollars to finance two days of Imelda Michelle’s endless taxpayer-funded vacation-time? Sort of as a lend-lease?


24 posted on 01/28/2014 4:47:52 AM PST by golux
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To: 2ndDivisionVet
Sounds like Downton Abbey. 

Except they'll be marrying younger family members off to rich Chinese heirs and heiresses to save the palace.

25 posted on 01/28/2014 4:50:44 AM PST by KarlInOhio (Republican amnesty supporters don't care whether their own homes are called mansions or haciendas.)
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To: Olog-hai

Oh I just hate it when that happens..


26 posted on 01/28/2014 5:08:42 AM PST by Tennessee Nana
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To: DemforBush
Interesting. I'm wondering what those sources of income are? I'd assumed that the royals mostly got their money from the Civil List via Parliament.

They are, basically, talking about the Civil List. It was restructured a few years ago to be more closely linked to how much money is garnered from the Crown Estate by the Treasury, and that meant a big jump because the Crown Estate is currently generating money at an impressive rate - but if the profits of the Crown Estate declines, it will reduce accordingly.

Besides that, the Queen receives revenue profits from the Duchy of Lancaster - these are generally used to pay the expenses of the other members of the Royal Family (only the Queen and the Duke of Edinburgh receive civil list payments, and the Prince of Wales (entitled to the revenues of the Duchy of Cornwall) is the only other member of the family to get money from being royal - the Queen has to pay for everybody else and the Duchy of Lancaster revenues have generally been used for this).

27 posted on 01/28/2014 5:10:13 AM PST by naturalman1975 ("America was under attack. Australia was immediately there to help." - John Winston Howard)
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To: DemforBush

I seriously doubt thats her personal worth. Its prolly just the money she gets from the govt to run the monarchy.


28 posted on 01/28/2014 6:37:49 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: naturalman1975

Ahh, that explains it then. Thank you!


29 posted on 01/28/2014 6:20:05 PM PST by DemforBush (A Repo Man is *always* intense.)
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