Friday Fact: How does Queen Elizabeth II obtain her finances?

30 Sep 2022

The Queen, or members of the Royal Household who represent Her Majesty in public and private, receives funding from three sources:

What Is Sovereign Grant?

It establishes a single grant to support the monarch In the Queen’s official duties, allowing The Queen to carry out her responsibilities as head of state.
It covers the general operating expenses of Her Majesty’s official household, such as official receptions, investitures, and garden parties, as well as the costs of central personnel.
It funds the maintenance of the British Royal Palaces as well as the price of travel for official royal duties including ceremonial openings and other royal visits.
In exchange for public support, The Queen surrenders the revenue from The Crown Estate to the government.

What Is Privy Purse?

The Privy Purse is the British Sovereign’s private income, mostly from the Duchy of Lancaster.
It is a collection of property and other assets owned by the royal family for many years. It is made up of residential, commercial, and agricultural properties.
This amount assists with expenses that the Sovereign Grant does not cover.

Where does The Queen’s personal wealth come from?

The Queen’s personal wealth is coming from several sources Including real estate, jewels, art collections, and investments.
The Queen also has her own personal Income that Is based on inheritance. For Example, Her Majesty owns the Sandringham Estates and Balmoral Estates that were both inherited from her father.

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