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IIRC it's a significant source of income for the British Royal Family. They own a lot of land.
by jameskilton 7y ago
IIRC it's a significant source of income for the British Royal Family. They own a lot of land.
- ValentineC 7y agoUK land is technically "owned" by the Crown Estate [1], and revenue goes to the British government. The royal family get a percentage of this (called the Sovereign Grant [2]; née Civil List [3]). [1] https://www.thecrownestate.co.uk/en-gb/resources/faqs/ https://www.thecrownestate.co.uk/en-gb/resources/faqs/ [2] https://en.wikipedia.org/wiki/Sovereign_Grant_Act_2011 https://en.wikipedia.org/wiki/Sovereign_Grant_Act_2011 [3] https://en.wikipedia.org/wiki/Civil_list#United_Kingdom https://en.wikipedia.org/wiki/Civil_list#United_Kingdom