Inside ‘The Firm’: How The Royal Family's $28 Billion Money Machine Really Works

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Royal Family now on shaky ground

Beyond the extended family, the House of Windsor has thousands of employees around the world. Buckingham Palace alone employs some 1,200 people—even if they aren't always paid a Queen's ransom to work there. An entry-level IT specialist can make upwards of $40,000 as well as benefits at Buckingham Palace, according to a recent job listing on an official palace portal.

In the fiscal year ending March 31, 2020, the Crown Estate pulled in more than $700 million, with more than $475 million in profits. The royal family receives 25% of the Crown Estate income, which is also known as the Sovereign Grant, and the remaining 75% goes to the British Treasury.

last year. Of that, $7.3 million funded the Prince’s 132 personal staffers, $6.75 million went to taxes and $4.4 million was dedicated to charitable activities, including the Prince’s Trust, Charles’ charity to help unemployed youth. A good portion of this income has also been used to support his sons. Prince William and Prince Harry received a combined $7.8 million last year to support their own operations, but as Harry suggested in the Oprah interview, that is no longer the case for him.

The Duke and Duchess of Cambridge don't receive any money from their influence, however. Now 38, William receives an annual income from the Duchy of Cornwall to cover his family’s private expenses. In the fiscal year ending March 2020, the prince received a portion of nearly $8 million, which he had to share with Prince Harry and Meghan Markle before they announced they were stepping away from their royal duties.

 

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I think this will add to a great season of the 'crown'

RACIST

The Crown 👑; is it life imitating art or Vice versa

P Charles looks like he is ready to be roasted in the oven

Looks like they both could use some fiber in the diet (pass the mushy peas please)

No they aren't. They're well supported and loved by the people who matter.

Why

The world is in global pandemic,economic ressesion.People are losing their family members,jobs and businesses,and here we are talking about a family dispute...

Ban dangerous evil sky news australia! It's evil it's divider and it's disgrace to news chennal names. Also it's openly nonstop saying against current usa president joe biden.

both gold and diamond looks better on black skin.

They should shake and fall please. Anything built on racism and racist values has no place in this future.

Odchodzi w zapomnienie

Your article is written in the millennial vein of influencers. Of Queen and Country...

Love the chairs from Africa😊

I fear this will be too much of a burden to bear for Harry . oprah should have not aired that without knowing what context the question about skin colour. Will Oprah have blood on her hands? Did Meghan even care too think of the mental anguish this would cause her husband?

I need a class on the royal family because I have no clue who is who. All I know is that you aren’t allowed to touch the queen right?

scandal

Cancel culture hitting the Royal Family?

Lol

Fake news is on shaky ground.

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