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Lauraine
LauraineThe primary source of income for the British royals is the Sovereign Grant, which is provided by the UK government. The Sovereign Grant is funded by taxpayer money and is intended to support the official duties and functions of the monarch and other members of the royal family in carrying out their public responsibilities.
Additionally, the royal family also generates income from the Duchy of Lancaster and the Duchy of Cornwall. These are private estates that provide income to the monarch (Duchy of Lancaster) and the heir apparent (Duchy of Cornwall). The income from these estates is used to fund the private activities and expenses of the royal family members.
It’s worth noting that the British royal family is not permitted to engage in commercial activities for personal gain, and they must adhere to strict guidelines regarding their public and private finances.
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The primary source of income for the British royals is the Sovereign Grant, which is provided by the UK government. The Sovereign Grant is funded by taxpayer money and is intended to support the official duties and functions of the monarch and other members of the royal family in carrying out their public responsibilities.
Additionally, the royal family also generates income from the Duchy of Lancaster and the Duchy of Cornwall. These are private estates that provide income to the monarch (Duchy of Lancaster) and the heir apparent (Duchy of Cornwall). The income from these estates is used to fund the private activities and expenses of the royal family members.
It’s worth noting that the British royal family is not permitted to engage in commercial activities for personal gain, and they must adhere to strict guidelines regarding their public and private finances.