How the British royal family hides its wealth from public scrutiny
Ahead of the coronation of King Charles III, the Guardian’s Cost of the crown series exposes the entrenched secrecy around the royal family’s money and wealth
by David Pegg and Paul Lewis
May 6, 2023 - 17:38
May 24, 2023 - 06:29
How the British royal family hides its wealth from public scrutiny
ow much money will the coronation ofKing Charles IIIcost the British public? What tax rate will our new king pay on his private income? How many engagements did “working royals” such as the Dukes of Gloucester and Kent attend over the last five years? How much were they paid? How much rent do Princesses Beatrice and Eugenie, who are not working royals, pay for residences in royal palaces?In recent weeks, the Guardian has posed all of these questions to Buckingham Palace. The responses boil down to “ask someone else”, “work it out for yourself”, or simply “you have no right to know”. We beg to differ.
Obituaries of Queen Elizabeth II uniformly applauded her calm stewardship of the realm, or her supposed non-interference in British politics. None mentioned another hallmark of her reign: entrenched secrecy, which has given rise to a culture in which the British people are deprived of the most basic information about the monarchy.