It seems that the British royal family is not the richest royal family in Europe, as the members of a small but powerful nation hold that title.
It is about the royal family of Luxembourg, who have a fortune of $4 billion dollars, a wealth amassed by their current monarch, Grand Duke Henri of Luxembourg.
The British royal family, although far from being poor, relies on a multimillion-dollar annual sovereign grant, which does not compare to the one received by the Luxembourg royalty.
The Luxembourg royal family is the wealthiest royal family in Europe
With a net worth of $4 billion dollars, the Grand Duke’s assets consist of an impressive real estate portfolio, with acres and acres of land and private properties, as well as unique jewelry.
From sovereign grant, the Luxembourg royalty receives $11 million dollars to help cover personnel expenses, official commitments, travel, and the organization of State visits. Meanwhile, King Charles and his family have received a total of $111 million dollars over the past three years.
The palace is located in the center of the city of Luxembourg and is open to the public during the summer months. The proceeds from each visit are allocated to the charitable works of Henri and his wife, Maria Teresa, Grand Duchess of Luxembourg.
Enrique and Maria Teresa’s main residence is Berg Castle, located in the small town of Colmar-Berg. Like the Grand Ducal Palace, the gardens of Berg Castle are open to the public on Luxembourg’s National Day, celebrated every June 23rd.
Although the Luxembourg royal family holds the title of the richest royal family in Europe, their fortune pales in comparison to that of King Vajiralongkorn of Thailand, who has an astonishing net worth of $43 billion dollars, mostly built through private investments, earning him the title of the wealthiest royal family in the world.