Get advice on achieving your financial goals and stay up to date on the day's top financial stories. The BBC is not responsible for the content of external sites. Yes, there are several royal families in India. King Juan Carlos is paid 292,752 euros (243,560) annually by the state, the royal accounts reveal. According to the monarchys official website, the royal family received 7.9 million ($8.8 million) from Spains budget in 2018. In others, the funding comes from a variety of sources, making a direct comparison difficult. The poorest royal family is that of Spain's King Felipe VI. The monarchy received 44.4 million ($49.2 million) in funding for 2020, according to its official website. The Zarzuela Palace is the residence and working offices of the reigning monarch of Spain (King Felipe VI), althogh the official residence of the Spanish royal family is the Royal Palace of Madrid. There are 44 countries in the world that have a royal family. In mid-2020, the Spanish royal family confirmed that Juan Carlos had gone into exile somewhere abroad. The family has a net worth of $20 million or around 15.3m. The Spanish monarch revealed Monday that he's worth around $2.8 million By Phil Boucher Published on April 26, 2022 02:18 PM King Felipe, Queen Elizabeth and Queen Letizia. The king of Norway married Queen Sonja in September 1968, and they reside in Oslo at the Royal Palace. The Kings parents, King Albert II and Queen Paola are retired, but still attend some events. Read about our approach to external linking. Refinancing Student Loans Isnt for Everyone Amid Supreme Court Decision Who Would Benefit? See: Check Your Pennies -- They Could Be Worth $200,000Find: Not too long ago, there were high hopes that millions of federal student loan borrowers would get up to $20,000 in debt canceled through the Biden administration's forgiveness plan. Queen Victoria was also a direct ancestor of both King Felipe VI and Queen Elizabeth II. He also oversees but does not own, his late mothers $42 billion portfolio, which includes investments as well as more art, jewels and palaces, per Forbes. ","acceptedAnswer": {"@type": "Answer","text": "It depends on a number of factors, including the size and wealth of the royal family in question, as well as their political and military power. The Spanish and British royal families are both descended from King Henry VIII's sister, Queen Margaret of Scotland. Being a member of the royal family of Spain, Sofia has lived a luxurious life with the attention of the media, the general public, and many more. The lump sum covers all expenses, including the maintenance of the royal residences. As her family was forced into Juan Carlos is a member of the Spanish royal family and politician who has a net worth of $50 million. The House of Saud has its origins in central Arabia in the 18th century and has since grown to become one of the most powerful and influential families in the world. Despite renouncing his personal inheritance, King Felipe still has an enormous net worth as sovereign of Spain, with business insiders suggest he has a net worth of around 16m. Spain's royal family have published their finances for the first time. AFP PHOTO / Steen Brogaard / SCANPIX DANMARK (Photo credit should read Steen Brogaard/AFP/Getty Images), relationship with convicted pedophile Jeffrey Epstein, Gabriella was born two minutes earlier than Jacques, documents published by the Luxembourg government. They are the Grand Duke Henri and his wife the Grand Duchess Marie Teresa, their son Prince Guillaume, the Grand Duke Heir of Luxembourg, and his wife Countess Stphanie de Lannoy, the Grand Duchess Heiress of Luxembourg. The royal family plays an important role in Danish society and is widely respected by the people of Denmark. The royal familys net worth includes private ownership of Solliden Palace, a summer home on the Baltic island of Oland. Crown Prince Felipe gets 146,376 euros. This list includes the names of each famous person in the Spanish Royal Family, along with information like where each person was born. King Felipe VI of Spain is a distant cousin of the Queen, as they both are descendants of Queen Victoria. It has been alleged that Juan Carlos has a collection of more than 50 cars. ","acceptedAnswer": {"@type": "Answer","text": "Yes, Greece has a royal family. She brings to GOBankingRates experience as a sports editor, business editor, religion editor, digital editor and more. ","acceptedAnswer": {"@type": "Answer","text": "The monarchy was fist abolished in 1873 by the First Spanish Republic, but it was restored in 1874. The Spanish royal family's combined net worth has been estimated to be as much as $2.3 billion. Discovery Company. The current Queen of Spain is Letizia Ortiz Rocasolano. The Palace Administration, including the Office of the Governor of the Royal Palaces and the Royal Collections, receives about $6.2 million annually. Prince Laurent, the Kings brother, is a full-time working royal. Source: Forbes, Western Europe 2014 (Wayne C. Thompson) King Felipe VI and Queen Letizia, Spain 7m The Deadly Death Adder, Australias Most Venomous Snake. The Swedish royal family is among the wealthiest in Europe. While the royal family has eight royal palaces and five country residences to choose from, they are owned by the government and managed by Spains National Heritage group. Zara Tindall, Princess Annes daughter, is a successful equestrian. Letizia Ortiz came from a middle-class family and worked as a journalist for ABC and EFE before becoming a news anchor at CNN+ and Televisin Espaola. She was born on September 15, 1972 in Oviedo, Asturias, Spain. The net worths of monarchs vary greatly by country, but the wealth of even the least well-healed is still many times more than what the average person will see in a lifetime. There is some evidence that suggests that the Japanese monarchy may date back even further than this, with possible roots in ancient shamanistic and animistic beliefs. Scroll through the images below to reveal full-time royals in each country. David is passionate about quality-focused journalism and has worked in the publishing industry for over 10 years. She bcame Queen when her husband, King Felipe VI, ascended to the throne on June 19, 2014. The Danish Civil List grants her about $705,000 per month for expenses to running the royal household, including staff, administration and properties, as well as her personal expenses. The main members of the royal family are King Carl XVI Gustaf, Queen Silvia and their children with families. Albert II and Charlene have two young children twins Princess Gabriella and Prince Jacques. Juan Carlos was born in Rome, Italy in January 1938. His Majesty King Harald V of Norway has held the throne since Jan. 17, 1991, and is one of the most powerful world leaders. Funds for the kings official duties are covered by the Court Administration and have a $7 million budget in 2022. Abdullah II became the king of Jordan when his father, King Hussein, passed away in February 1999. Germany has not had a royal family or monarch since the end of World War I. Exploring the Ethnographic Differences. Updated An additional amount of just over $200,000 per month is earmarked as an allowance for the queens children, Crown Prince Frederik and Prince Joachim. The King and his wife Queen Mathilde have four children who are still at school. That lack of wealth was quite unusual for a reigning King of a European country. According to the monarchys official website, the royal family received 7.9 million ($8.8 million) from Spains budget in 2018. Juan Carlos is a member of the House of Bourbon and was born to his father Infante Juan, Count of Barcelona and his mother Princess Maria de las Mercedes of Bourbon-Two Sicilies. Take Our Poll: Do You Think Student Loan Debt Should Be Forgiven? WebThe Spanish royal family, a branch of the House of Bourbon, is headed by King Felipe VI. According to Forbes, Queen Elizabeth II had an estimated net worth of $530 million as of 2016. As head of state, Felipe VI represents Spain at home and abroad; he is commander-in-chief of the Spanish Armed Forces; and he promulgates laws and grants pardons on the advice of the government. The budget for the current monarch of the Netherlands, King Willem-Alexander, was $48 million in 2022, the NL Times reported. In 2004, Felipe married TV news journalist Letizia Ortiz with whom he has two daughters, Leonor (his heir presumptive) and Sofa. When he's not writing or spending time with his family, David enjoys playing basketball and golfing. Her husband, King Felipe's net worth is approximately 16 million, business insiders suggested. King Philippe, back row, center, attends a Christmas Concert with other members of Belgiums royal family at the Royal Palace in Brussels, in December 2019. In accordance with the Spanish Constitution, as monarch, he is head of state and commander-in-chief of the Spanish Armed Forces with military rank of Captain General, and also plays a role in promoting relations with Spanish, Juan Carlos I (Spanish: [xwakalos]; Juan Carlos Alfonso Vctor Mara de Borbn y Borbn-Dos Sicilias, born 5 January 1938) is a member of the Spanish royal family who reigned as King of Spain, from 1975 until his abdication in 2014. 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