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Royally Expensive: The Cost of Maintaining the British Royal Lifestyle

The Fascinating Lifestyle of the British Royal Family

The British royal family is a living embodiment of opulence and elegance. Having been around for centuries, this family has amassed a vast wealth of riches, which they flaunt with pride, and their luxurious lifestyles are the envy of many.

However, despite their seemingly otherworldly existence, there are aspects of their lives that are very relatable to regular people. In this article, we will explore the lifestyle of the British royal family and highlight some similarities they share with us commoners.

Opulence and Elegance

The British royal family is known for its opulent lifestyle, and it’s no surprise when you consider the estimated net worth of this family. Queen Elizabeth II alone has a net worth of over $440 million, while the rest of the family members are worth hundreds of millions of dollars as well.

This wealth is primarily derived from the family’s extensive estates, investments, and businesses. Their royal residences are also a testament to their extravagant lifestyle.

The most notable and significant of these residences is Buckingham Palace, located in London. This is the official residence of the monarch where she carries out state business and hosts ceremonial events.

The palace, which has 775 rooms, has an impressive collection of artwork, antique furniture, and priceless ornaments. Another famous royal residence is Windsor Castle, the largest inhabited castle in the world, where the family typically spends their weekends and holidays.

The royal family’s opulent lifestyle extends to their wardrobe as well. The Queen is known for her bright and bold outfits, whereas the younger generations opt for designer clothes from luxury brands like Givenchy, Ralph & Russo, and Alexander McQueen.

They are also known for their exquisite jewelry collection, which includes massive diamonds and precious stones. While this luxurious lifestyle sets them apart, there are also similarities between the royal family and the common people.

Similarities to Regular People

Despite their opulent lifestyle, the royal family also shares some similarities with regular people. For instance, they have bills to pay just like the rest of us.

The maintenance of their many estates and properties requires significant financial investments. In 2020 alone, the Queen had to finance the renovations of Buckingham Palace with approximately $500 million, which drew criticism from some members of the public.

The royal family also enjoys dining out and going on holidays, just like the rest of us. Members of the family are known to frequent high-end restaurants like The Ritz or have pub lunches with friends.

They are also known to take luxury vacations to exotic locations like the Caribbean, Africa, and even Antarctica. Moreover, the family, like regular people, also has to maintain their physical fitness.

The Queen, who turned 95 years old in April 2021, is known for her love of horses and horse racing. She also exercises regularly and is often spotted walking her dogs in the palace gardens.

Another similarity is their charitable work. The royal family is known for their philanthropic endeavors and have raised millions for various charities over the years.

Their charitable work includes causes like animal welfare, mental health, and conservation.

Royal Fashion

The British royal family’s fashion choices have always been a topic of interest. The younger generation, in particular, has often made headlines for their fashion-forward choices.

Kate Middleton, the Duchess of Cambridge, is known for her impeccable style, with her choice of outfits often selling out within hours. Meghan Markle, now the Duchess of Sussex, has also been a fashion icon since her engagement to Prince Harry.

Her Givenchy wedding dress and the Ralph & Russo gown she wore for her engagement photo shoot made waves in the fashion world. Prince Harry’s fashion choices are also noteworthy, as he is known for his love of designer brands and custom-made suits.

He is often spotted wearing suits from luxury brands like Gucci, Burberry, and Tom Ford.

Conclusion

In conclusion, the British royal family’s opulent lifestyle is well-documented, but the similarities they share with regular people are often overlooked. The family has bills to pay, enjoys dining out and going on holidays, maintains their physical fitness, and contributes to various charitable causes.

Moreover, they make fashion statements that often set new trends. All in all, the family’s lifestyle is one that is fascinating, and it goes without saying that they are an integral part of British culture and history.

The British royal family is known for their opulent lifestyle, and cars are one of the many ways they display their wealth and status to the world. The family’s love for luxury vehicles is evidenced by their impressive collections, with some models being rare, vintage, and priceless.

Here, we’ll take a closer look at two of the family’s most notable cars and who owns them. Prince Philip’s Aston Martin Lagonda

Prince Philip, the Duke of Edinburgh, was known for his love of cars, and the Aston Martin Lagonda was one of his prized possessions.

He was gifted the Lagonda in 1954 by David Brown, the then-owner of Aston Martin. It was a custom-made car, and only 25 units were manufactured.

The Lagonda was the first car in the world to have an advanced digital dashboard that was ahead of its time. The dashboard featured an electronic instrument panel with an LCD screen instead of traditional dials, which was revolutionary in the 1950s.

The car’s interior was also designed with the utmost craftsmanship, with leather seats, lambswool carpets, and hand-carved wooden dashboard. The car was predominantly used by the prince for racing and attending royal events.

It is estimated to be worth around 350,000 and is considered to be one of the rarest cars in the world. King Charles III’s Aston Martin Volante DB6 MKII

King Charles III, the heir to the British throne, is known for his love of classic cars, and the Aston Martin Volante DB6 MKII is one of his favorites.

The car was custom-made for him in 1969, and it is one of only 38 cars ever built. The car has undergone a complete restoration to ensure that it remains in pristine condition for many years to come.

The Volante DB6 MKII is a high-performance vehicle, fitted with a 4.0-liter engine that produces a top speed of 150mph. The car’s interior is equally impressive, with plush leather seats, a wood dashboard, and a state-of-the-art sound system.

King Charles III also gifted his son Prince William an Aston Martin DB6 MKII Volante for his wedding in 2011. The car, which was also custom-made, was converted to run on bioethanol fuel to reduce carbon emissions.

The Aston Martin was used to drive the newlyweds to Clarence House after their wedding at Westminster Abbey.

Attending Private School

The British royal family has a long-standing tradition of sending their children to private schools rather than state-funded institutions. Prince William and Prince Harry attended the prestigious Eton College, one of the most exclusive private schools in the world.

Now, Prince William’s children, Prince George and Princess Charlotte, attend Thomas’s Battersea School, a co-educational independent school in London. Thomas’s Battersea School, which has a tuition fee of around 20,000 per year, has a robust academic curriculum that encompasses subjects like languages, arts, and music.

The school puts emphasis not only on academic excellence but also on character education and personal development. It is known for its diverse community, which includes children from different backgrounds.

Tuition Costs

The cost of tuition at private schools is a significant expense for the British royal family, and Prince George’s tuition at Lamrook School serves as a testament to this. The school is located in the heart of the Berkshire countryside and has a tuition fee of around 18,000 per year.

Prince George’s attendance at Lamrook School made headlines back in 2017, as it was the first time that a British royal family member had attended a private school at such a young age. The decision to send Prince George to Lamrook was made, in part, to provide him with a more normal upbringing and to ensure that he was not over-protected.

The school had to make special arrangements to accommodate Prince George’s security requirements, which included adding security cameras and fences around the school’s perimeter. However, despite the added security measures, the school strives to provide Prince George with an unremarkable school experience.

Conclusion

The British royal family’s love for luxury cars and private education is well-known. Prince Philip’s Aston Martin Lagonda and King Charles III’s Aston Martin Volante DB6 MKII are rare and valuable cars that showcase the family’s love of classic cars.

The family’s preference for private schools over state-funded institutions is a tradition that spans generations and underscores the importance they place on education. Despite the high costs associated with private schooling, the family continues to prioritize their children’s education while balancing their royal duties and public appearances.

The British royal family has a long list of official duties and charitable activities that they perform in the public eye. These duties and charity work require significant financial resources to accomplish.

In this section, we will examine the expenses related to these obligations and the private income of King Charles, who is responsible for some of them.

Expenses Related to Duties

The British royal family’s duties and charitable activities require significant resources to maintain. The family’s official duties include attending various ceremonial events, meeting with foreign dignitaries, and hosting charitable events.

These activities require a significant amount of funding that comes from the family’s private income and the sovereign grant. The sovereign grant is an annual payment by the government to the Queen, which is used to fund her official duties and expenses.

The grant is funded by the revenue generated through the Crown Estate, a collection of properties and investments owned by the Queen. In 2020, the sovereign grant was 82.4 million.

The British royal family also has a charitable arm, the Royal Foundation, which supports various charitable causes like mental health, sports, and conservation. The foundation is funded through donations, fundraising events, and proceeds from the royal family’s private estates.

In 2020, the Royal Foundation received 8.4 million in donations.

Private Income from The Duchy of Cornwall

King Charles, the heir to the throne, has a unique source of private income that supports his official and charitable activities, known as The Duchy of Cornwall. The Duchy is essentially a collection of properties, land, and commercial assets that generate income for the Prince of Wales.

The Duchy has been in existence since the 14th century and has been passed down to the eldest living son of the British monarch since 1337. The Duchy generates a significant amount of income each year, which supports not only King Charles’s official duties but also charitable activities.

The Prince is not required to pay income tax on the Duchy’s revenues, but he does voluntarily pay income tax on his personal income from other sources. The Duchy’s primary commercial activities include agriculture, property management, and retail.

The portfolio includes hundreds of properties across England and Wales, including farms, forests, and historic buildings. The Duchy also has an extensive property development portfolio, which includes commercial, residential, and mixed-use developments.

Lavish Gifts for Loved Ones

Prince Harry and his wife Meghan Markle are known for their love of luxury and expensive gifts. They have often made headlines for their extravagant presents to each other and their friends.

Here are some examples of lavish gifts they have given and received.

Lavish Gifts for Meghan

Prince Harry has been known to spoil his wife with expensive gifts on special occasions. On their first wedding anniversary, he gifted her a bespoke eternity ring with diamonds, emeralds, and sapphires.

The ring is said to have cost around 20,000. On another occasion, he gifted her a rare and expensive Cartier Tank Francaise watch worth 17,800.

Meghan has also received lavish gifts from her friends. Her close friend Serena Williams reportedly spent over 430,000 on Meghan’s baby shower in New York City.

The shower was held at The Mark Hotel, and the cost reportedly included Meghan’s travel expenses and a personal security detail. Gifts for “Important Person”

Prince Harry is also known to be generous when it comes to buying gifts for important people in his life.

In 2019, he purchased a Van Donna art piece for his wife, which was part of a set of two pieces. The piece was priced at around 8,000 and featured the phrase “Everybody Needs Somebody To Love” in bold letters.

The second art piece, which also had the phrase “Everybody Needs Somebody To Love,” had a price tag of 14,000, and Prince Harry reportedly purchased it for a friend. The friend’s identity has not been disclosed.

Conclusion

The British royal family’s official duties and charitable activities require significant financial resources to accomplish. These financial resources come from various sources, including the sovereign grant, private income from estates like The Duchy of Cornwall, and charitable donations.

While some members of the family, like Prince Harry and Meghan Markle, are known for their love of lavish gifts, there are also instances where gifts are given to important people in their lives. Overall, the family’s commitment to their official duties and charitable activities underscores their dedication to serving the British people and supporting important causes.

The British royal family is one of the most well-known families in the world, and as such, their personal lives often come under public scrutiny. Some aspects that garner public attention include childbirth, housing, utilities, and housekeeping expenses.

In this section, we’ll take a closer look at the costs associated with each of these topics.

Giving Birth in the Lindo Wing

Kate Middleton, the Duchess of Cambridge, has given birth to all three of her children in the Lindo Wing of St. Mary’s Hospital in London. The Lindo Wing has long been the preferred maternity ward for members of the royal family, with both Princess Diana and Princess Anne giving birth there.

The Lindo Wing is a private maternity ward that offers a range of services, including private suites, catering, and 24-hour care. The rooms in the Lindo Wing are equipped with amenities like en-suite bathrooms, satellite TV, and WiFi. The suites are also furnished with comfortable armchairs, sofas, and refrigerators.

The cost of giving birth in the Lindo Wing can vary significantly, depending on the length of stay and any additional services required. The basic package costs around 5,000, which includes a one-night stay in a private suite with standard amenities.

However, additional services like extended stays, consultations with medical specialists, and a private chef can increase the cost to 10,000 or more.

Suite Costs

The cost of a suite at the Lindo Wing is just one of the many expenses associated with childbirth. In addition to the cost of the suite, there are also charges for medical services, which can add up quickly if complications arise during childbirth.

For example, in 2020, an Australian woman gave birth to premature twins in the Lindo Wing, and her entire medical bill was 153,000. The costs included consultations with a specialist neonatologist, pediatrician, and obstetrician.

Residences Maintenance Costs

The British royal family owns a vast number of properties across the United Kingdom, and maintaining these properties requires significant financial resources. Queen Elizabeth, for example, owns several residences, including Buckingham Palace, Windsor Castle, and the Sandringham Estate.

The Queen’s residences require constant maintenance and repair, which can add up to millions of pounds each year. In 2017, the British government granted an additional 10 million to the Royal Household for repair and maintenance works at Buckingham Palace.

The properties themselves are considered to be historic and priceless, which means that their upkeep and preservation require specialized skills. The royal family often employs specialist contractors and tradespeople to work on these properties, adding to the cost of maintenance.

Sovereign Grant

The British government provides funding to the royal family through the sovereign grant, which is derived from the Crown Estate’s revenue. The Crown Estate includes properties, land, and commercial assets that generate income for the government.

The sovereign grant is used to finance the royal family’s official duties and expenses, including travel, security, and property maintenance. In 2020, the grant was worth 82.4 million, an increase of 8% over the previous year.

The sovereign grant is reviewed every five years to ensure that it is appropriate and reflects the changing needs of the royal family. The grant’s future is also

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