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> cant spend their wealth like billioaires What would they spend it on? Fancy houses? Private transport around the world? Lavish vacations? They get all of tho
by teachrdan 6y ago
> cant spend their wealth like billioaires
What would they spend it on? Fancy houses? Private transport around the world? Lavish vacations? They get all of those things for free already.
I suppose it wouldn't do for Prince Charles to buy a 200' yacht. But other than that, I'm not sure how much he, or any other royal, is suffering for not being able to spend their wealth like the rest of the 0.1%.
- Symbiote 6y agoThere was a royal yacht, although it was decommissioned in 1997 and the royal family didn't/don't seem interested in another. They also have (use of) a royal train. https://en.wikipedia.org/wiki/HMY_Britannia https://en.wikipedia.org/wiki/HMY_Britannia https://en.wikipedia.org/wiki/British_Royal_Train https://en.wikipedia.org/wiki/British_Royal_Train
- ben_w 6y agoOnce you get over about $10 million per family member, you can have essentially any house, holiday, or private transport you desire. Spending like billionaires means political power or privately funded moonshot projects.
- teachrdan 6y agoThe royal family doesn't need to spend money to have political power--the queen and other members of the royal family already lobby in secret to pass or scuttle laws to their benefit.[0] Perhaps they can't singlehandedly fund moonshot projects. But if that's the extent to which royals are hampered, then perhaps they have an alright deal after all, what with being born into a system where enjoy a lifestyle that would cost tens of millions to sustain for anyone else. 0. https://www.theguardian.com/uk-news/2021/feb/07/revealed-queen-lobbied-for-change-in-law-to-hide-her-private-wealth https://www.theguardian.com/uk-news/2021/feb/07/revealed-que...
- deleted 6y ago[deleted]