Is The Queen Rich? Let's Take A Look At How Much Does She Spend

According to the research of the Knot's 2017 Real Weddings Study, Meghan Markle and Prince Harry’s wedding costed around $45 million.

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The Queen and the royal family are very important for the British culture. Nevertheless, the amount of money they spend every year often becomes a topic of discussions.

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The royal family is funded by various sources. Some of them are private, others come from the taxpayers.

The amount can vary. For example, last year, the Queen got £6 million ($7,948,650) pay increase as a result of performance from the Crown Estates, one of the sources of funding.

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The biggest part comes from Crown Estates – £13.3 billion ($15.03 billion) worth portfolio of properties. Crown Estates can’t be sold by the royal family members, and funds go to the treasury.

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After that, a part of money from the treasury goes to the Queen. In 2018, this amount was 23%.

The last report of the Queen’s expenditure was made in 2017. Reportedly, £42 million ($47.46 million) were spent in 2016.

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So, the royal family is rather expensive. Do you think it is too much?

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