WLBjork wrote:[quote="cthia" Last night my English wife was discussing England with some of her American friends. She mentioned the net worth of the Queen to be upwards of half a billion dollars — apart from the numerous benefits she enjoys from the Crown. I had no idea. She also stated that she receives a government stipend of ~ $13M yearly. What!?
Has textev given the net worth of Elizabeth Winton? And what she receives as a stipend? I wonder if she forgoes the allotment in time of war. Or disaster, like now.I researched it because I couldn't believe it.About Queen Elizabeth II
Queen Elizabeth II of the United Kingdom, 86, has a personal net worth of $550 million. The queen’s wealth comes from property holdings including Balmoral Castle in the Scottish Highlands, stud farms, a fruit farm and marine land throughout the U.K.; extensive art and fine jewelry; and one of the world’s largest stamp collections built by her grandfather. Not included are those assets belonging to the Crown Estate, which she gets to enjoy as Queen, such as $10 billion worth of real estate, Buckingham Palace (estimated to be worth another $5 billion), the Royal Art collection, and unmarked swans on stretches of the Thames. The Crown has claimed ownership of these birds since the 12th century when swan meat was considered a delicacy; they are no longer eaten.
The Queen also receives an annual government stipend of $12.9 million. Because most of her wealth is tied to her position and not hers personally – in otherwords, she could never sell the royal assets. The queen’s Diamond Jubilee in 2012 marks her 60 years on the throne, with celebrations throughout her realms.
That $13m? Comes from the profits on enterprises once owned by the Crown, and used for the running of Government. As such the royal family only get a relatively small percentage of this value back.
Further more, I suspect you'd be surprised how frugal Her Majesty is - in some ways anyway. My personal favourite story is the one where she had a Crown Prince (of Saudi Arabia) nervous as *she* drove him around her estate.
There's a lot of complaint that Prince Charles doesn't pay corporation tax on some of his businesses. What the complainants tend not to realise is that he pays (voluntarily) the amount of tax that would be charged if this was personal income, which means he effectively contributes more to the Government than he needs to.[/quote]
It wasn't so much that the Saudi Prince was nervous about a female driving him around it was her driving technique which was influenced heavily by her training as a ambulance driver during WWII. It was rumored that a SAS sergeant who was trained in escape and evasive driving said she drove like a off-road rally driver with personal sense of invincibility.