![]() To keep the wolf from the door, the Kents have had to auction off furniture, jewelry, and other heirlooms, as well as dispose of their beloved country estates. The queen’s first cousins Prince Edward, the Duke of Kent, and his younger brother, Prince Michael of Kent. But there were still bills to pay and appearances to keep up, and this could be done only with some private support from the Queen. After their father, Prince George, died in action during World War II, their mother received no public funding, and both brothers initially earned a living in the army, which did little to bolster their financial fortunes. The Queen’s first cousins Prince Edward, the Duke of Kent (36th in line), and his younger brother, Prince Michael of Kent (47th in line), have long been regarded as the poor relations of the family. So, even though Harry and Meghan having a new baby initially has no immediate impact on allowances, it does mean that there will ultimately be one more royal competing for attention and access to the family coffers.Īnother part of the Windsor household has seen its stock fall in a more literal manner. Even if Charles opts to keep the status quo, his rapidly growing crew of grandchildren will require housing, security, and education. The issue turned into a public row, and Prince Andrew took the unusual step of issuing a blunt statement clarifying that his wish was simply for his daughters to be “modern, working young women."īoth sisters hold regular jobs, which is probably for the best, as their chances of joining the ranks of working royals look slim. Getty ImagesĪ few years ago it was widely reported that they were seeking formal roles their father, according to one palace insider, was lobbying for them to receive allowances and public money. The Queen’s granddaughters, Princesses Beatrice and Eugenie, are considered non-working royals and therefore do not receive any public money. ![]() The daughters of Prince Andrew (the Queen’s middle son and seventh in line) and Sarah Ferguson, the Duchess of York, benefit from a trust fund bequeathed by their great-grandmother, but because they currently perform no official royal duties they receive no public money. Those in jeopardy include Harry’s and William’s limelight-loving cousins the Princesses Beatrice and Eugenie ( eighth and ninth in line, respectively). He has already hinted at a desire to have just half a dozen working royals, a setup that would inevitably disadvantage relatives further down the line of succession. The current system of allowances has been relatively stable in recent years, but those dependent on royal financial support-and those hoping to get some-will have to pray for continued generosity from Prince Charles when he becomes monarch. In 2017–’18 the grant paid for some $6.5 million in royal travel and related costs, while most of the rest went toward paying staff and repairing crumbling palaces. That money is allocated by the royal household with government oversight. Working royals who receive a private allowance from the Queen or the Prince do get some public money for themselves and their families as well, since a portion of their expenses are covered by the taxpayer-funded Sovereign Grant, which is currently around $110 million a year. ![]() But in response to criticism of their featherbedded existences (in the ’70s one Labour MP famously called Princess Margaret “this expensive kept woman”), in 1992 the queen agreed to pay most of their expenses out of her own pocket.ĪS WORKING ROYALS, THE QUEEN’S CHILDREN, PRINCE Andrew (far left), Prince Edward, AND PRINCEss Anne (with her husband Timothy Laurence) ARE PAID personally BY THE QUEEN. ![]() Until recent times these family members were funded by the taxpayer. The Queen also bankrolls several family members, including her children Andrew, Anne, and Edward, as well as the Dukes of Gloucester and Kent, who, like William and Harry, are official working royals. The Queen’s Duchy of Lancaster properties, mainly in the northwest, earn another $25 million or so, which she uses to pay for her own private needs, like running Balmoral and her horse racing ventures. Charles’s Duchy of Cornwall, a portfolio of properties concentrated in southwest England, provides him with some $25 million a year, around $7 million of which goes to William and Harry for performing their royal duties. Both the Queen and Prince Charles possess large semiprivate ancestral landholdings that serve as wellsprings of their wealth. ![]() She was only 10th among titled landowners. Senior members of the British Royal family pose at Buckingham Palace. ![]()
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