Osipi
Member - in Memoriam
- Joined
- Jul 2, 2008
- Messages
- 17,268
- City
- On the west side of North up from Back
- Country
- United States
Another point to make about the renovations that have been already done for the Cambridge's residences is that it wasn't solely done just for William and Kate. Its also insurance that the properties will be up to date and there for in the future. With KP, the needed renovation of the building itself was paid for by the Sovereign grant but the interior redecorating were paid for by Will and Kate themselves (with possible help from Charles).
I think its also important to state that places like Buckingham Palace, Windsor castle and Kensington Palace and such where royals have residences are not their own nor are they the property of the royal family themselves and therefore cannot be sold. The monarch does hold Balmoral and Sandringham as her own personal property but it is also slated to be passed from monarch to monarch. As a rule, the royal family owns very little property. Anne does own Gatcombe Park and Charles has properties in Romania but that is about it.
Besides inheriting money from his mother, Harry also has a holding in the trust fund that was set up by the Queen Mother for her great grandchildren estimated at 19 million at the time. That has to be a substantial chunk to add to a bank account.
https://www.theguardian.com/uk/2002/apr/03/queenmother.monarchy2
I think its also important to state that places like Buckingham Palace, Windsor castle and Kensington Palace and such where royals have residences are not their own nor are they the property of the royal family themselves and therefore cannot be sold. The monarch does hold Balmoral and Sandringham as her own personal property but it is also slated to be passed from monarch to monarch. As a rule, the royal family owns very little property. Anne does own Gatcombe Park and Charles has properties in Romania but that is about it.
Besides inheriting money from his mother, Harry also has a holding in the trust fund that was set up by the Queen Mother for her great grandchildren estimated at 19 million at the time. That has to be a substantial chunk to add to a bank account.
https://www.theguardian.com/uk/2002/apr/03/queenmother.monarchy2