
Originally Posted by
Sgt. Hartman
Seems like the queen should foot the bill. Read this:
How rich is Queen Elizabeth?
Her estimated personal fortune is around £350 million (US $525M).
The Duchy of Lancaster estate, a portfolio of land, property and
assets, is held in Trust for the Sovereign and worth around £348
million. She also owns properties privately that have never been
valued, including Sandringham House, Balmoral Castle reputedly
worth £160 million and the Castle of Mey. Her personal art collection
is worth at least £10 billion, and she owns personal jewellery
and a large stamp collection built up by her grandfather George
V. Buckingham Palace, Windsor Castle, the Crown Jewels and the
Royal Art Collection are held in trust for the nation. The Crown
Estate, the royal lands dating from 1066, are worth around £7.3
billion and generate £304 million (2008/9) in revenue a
year which is handed back to the Government as payment in return
for the £38.2 million per year (2009/10 down 7% from £41
million in 2008) cost of running the monarchy. This arrangement
dates from George III who gave up the right to the income in return
for the Civil List paid to members of the Royal Family. It has
been announced that this will be changed in 2013 to a Sovereign
Support Grant based on a percentage of the income from the Crown
Estate.