The Guardian has just revealed that Carlos III has a net worth of £1,800m. 2000 million euros That would give him more than enough to pay for the ceremony. He could celebrate his coronation almost 20 times with his estate.
His wealth is multiple assets. For starters, you can allocation of public money: last year it was 97 million euros. Completely excessive when compared, say, with the King of Spain. Felipe VI, receives 270 thousand euros annually. The total appropriation of the British Royal House is 100 million. For Casa del Rey here in Spain, 8.4 million.
In the UK, the money a monarch receives depends on how they manage their estate. Depends on how the year goes The Crown Estate, a type of public company run by the Crown. he have Goods worth 17,000 million euros He is the owner in the UK. Run racetracks, farms, estates or expensive offices in central London. Of all the benefits that the company has, Carlos III takes 25% from his personal pocket. Last year they won close to 400 million and won close to 100.
Being a prince, he also made millions thanks “Grand Duchy of Cornwall”, a money-making machine. He has administered the Duchy for 65 years. It is a conglomerate that sells products under the “Duchy Originals” brand on British supermarket shelves. The last year It produced 47 million euros in benefits. Now that the duchy is in the possession of his son, Prince William.
But Carlos III inherited another duchy: Lancaster. Another giant holding company. Forbes estimates that it has 746 million euros. The monarch reports about 30 million euros in interest each year. The duchy actually belonged to the legacy of his mother, Isabelle II. In addition, he did not pay Euro taxes for this inheritance because he is in the UK The crown does not pay succession. Among the properties he inherited from Queen Elizabeth II was Balmoral Palace or Sandringham Castle.
But one cannot analyze Carlos III’s finances without recalling his impressive appearance in the “Paradise Papers”. As that investigation revealed, Carlos III had invested millions in Company registered in Bermuda In the name of a friend. At the time it was said that Carlos III had no involvement in the decision to make this investment.
“Creator. Devoted pop culture specialist. Certified web fanatic. Unapologetic coffee lover.”