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on November 1, 2025, 5:58 pm
*** In 2025-26, the Sovereign Grant (taxpayers money) increased to £132.1m per year.
*** That included £51.8 million for the Sovereign Grant and £34.5 million towards the modernisation of Buckingham Palace.
*** The Crown Estate had assets worth £15 BILLION in 2023-24, with billions of pounds worth of properties in London, including Regent Street, as well as nearly half the land along the coast of England, Wales and Northern Ireland.
*** The King also receives money from a private estate called the Duchy of Lancaster. It covers more than 18,000 hectares of land in areas such as Lancashire and Yorkshire, as well as property in central London.
*** At the end of March 2025, it was worth £679m and had made £24.4m in annual profits.
*** The title of Duke of Cornwall (currently the Prince of Wales) benefits from the Duchy of Cornwall. It covers land in south-west England. In the year to the end of March 2025 it had assets worth £1.1 BILLION and had made annual profits of £22.9m.
** The monarch also owns the royal palaces and part of the Royal Collection of art. The King also privately owns properties such as Balmoral and Sandringham.
*** In addition, some Royal Family members have private art, jewellery and stamp collections which they can sell or use to generate income as they wish.
*** The late queen's funeral in 2022 cost the taxpayer
an estimated £162 milliom.
*** The Coronation of the King cost taxpayers £72m, including £22m for policing.
Republic, a group campaigning for an elected head of state,
claims that the total cost of the monarchy to the British taxpayer is about £510 million per year.
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