The British monarchy, one of the world's wealthiest royal families, funds its operations through the Sovereign Grant, income from the Duchy of Lancaster and Duchy of Cornwall, and private assets. King Charles III has become the first monarch to disclose tax payments, revealing significant contributions.
The British monarchy, one of the world's wealthiest, funds its operations through the Sovereign Grant from the Crown Estate, income from the Duchies of Lancaster and Cornwall, and private investments. King Charles III and Prince William have also voluntarily paid significant amounts in taxes.
King Charles becomes the first reigning monarch to publicly disclose his personal tax bill, paying £12.9 million in income and capital gains tax for 2024-25. Royal public funding is set to rise to nearly £100 million annually.
A new poll reveals public support for the British monarchy has fallen to its lowest level in over three decades, with under half of Britons favoring its continuation. Support is particularly weak among younger demographics, while satisfaction with King Charles and Prince William remains high.
Alexey Gromyko, Director of the Institute of Europe at the Russian Academy of Sciences, stated that Donald Trump admires the British monarchy but his April visit to Washington did not alter his views on the Ukraine crisis. Gromyko noted that while the British side considered the monarch's visit successful, it lacked significant political impact.
