RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Corrupt Queen has a £13 billion property empire -- here are the 11 most spectacular assets she owns Sat Sep 09, 2017 12:19 am | |
| Sometimes it pays to be a monarch.
The English Monarchy holds a huge amount of historic property in the UK, which is managed by the Crown Estate.
The Crown Estate announced in June that it returned a record £328.8 million to the Treasury in 2016 as the value of the overall estate rose to an astonishing £13.1 billion.
Under current arrangements, the Queen receives 25% of the Crown Estate's revenues in the form of a Sovereign Grant, which is used to fund her official work and the upkeep of her residences.
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