I'm a Danish taxpayer and you need not be concerned on my behalf.
The DRF own very little land and bricks. Most of their investments and fortune is, I understand, in shares and art. Especially King Frederik has build up a modern art collection that may be worth something.
So even though most of their expenses are covered by the apanage, and the includes their "salary" the DRF is by no means super rich.
Quite a number of years ago I read an estimation that the DRF fortune was around 50 million DKK.
So if we say the combined fortune of QMII and the Regent Couple is around 10 million €, I don't think I'm way off target.
So they are rich but not
very rich, and a lot of their assets cannot be sold just like that or cannot easily be converted to cash.
Around 20 years ago it was estimated that you could live a comfortable middle-class life without having to work, if you had a disposable fortune of around 5 million DKK. I think a contemporary estimation would be around 1 million €.
- Just to put things into perspective.
A Rolex in my eyes is an investment. And considering that Christian has PET officers near him 24/7 it would be fairly safe for him to flash that watch most of time, should he want to.
Should he decide to sell, it won't diminish the price that it belonged to a senior royal.
A Prada. There is no way in this world I would wear a shirt that expensive, even if I could afford it. It's incomprehensible to me. Anyway, my fellow Jutlanders would roll me in tar and feather and ship me off to Copenhagen as a punishment for being silly, if I ever did that.
But Christian is 18 and many of his friends belongs to the riches families in DK. The Ahlefelts, the LEGO family, the Danfoss family and so on. So a Prada in those circles would probably hardly raise an eyebrow. And when you are young you may want to show off and impress.
And again, graduation from high school is a
big thing in DK!
It's hardly different from people buying an expensive wedding dress for their big day, only to wear it once.