British Queen Will Get Income Boost From Duchy Of Lancaster Estate
The British royal family has received a boost in income from its Duchy of Lancaster Estate. “The royal household will receive 16 million pounds ($34 million) this year, up 18 per cent from the previous year, according to accounts released by the duchy.” Currently the net operating income of the royal estate is the highest it has ever been. The estates strong performance has spread across all of the portfolios. Ownership of land, property, and investments is one of the many sources of income for the British royal family.
See Queen Elizabeth II to receive 18 per cent income boost from Duchy of Lancaster Estate, ABC, July 24, 2015.
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