5/29/2012

British royal family is worth $70bn - study


THE British royal family is worth a staggering £44.5 billion ($70 billion) - and brings in a further £26.4 billion to the UK's economy, a major study claimed.

The total value includes £18.1 billion of assets, such as the Crown Jewels, the art in the Royal Collection, palaces and the Crown Estate.

Brand Finance also valued the Royal Warrant system - which allows about 800 firms, including cereal giant Weetabix and major retail chain John Lewis, to get the monarch's seal of approval - at £4 billion.

In terms of their benefit to the UK's bank balance, the queen and her relatives are said to bring in £500 million a year in extra tourism. That figure was said to be worth £16 billion as an "intangible asset in perpetuity".

The total intangible income generated by the royals was calculated at £34 billion, but this was offset by £7.6 billion in costs, including £3 billion on security.

This year's Diamond Jubilee was also said to bring "significant" economic benefits - despite the extra public holidays.

The consultancy firm's report stated, "Novelty mugs and tea towels aside, the value of what is essentially free publicity for the United Kingdom, when considered in the long term, is enormous."  (THE SUN)

2 comments:

  1. I believe the Queen over the years in her vesture has by her own earned efforts and thought ,is worth 300 BILLIONS.WORKINGCLASS IN BRITIAN ONLY PAYS TAXES FOR WHAT REASONS? WELL THEY HAVE TO HAVE SCHOOLS,PROGRAMS TO OCCUPY THEM FOR A PURPOSE OF GETTING A JOB.OR A NEW BIRTH OF INDEPENDENT WEALTH BY THIER OWN EARNED efforts.WELL ALL IN BRITIAN WEALTHY AND POOR PAY taxes ON THIER HOME AND SO FORTH.HERES THE THING TAXES COULD BE THAT MUCH IN BRITIAN TO PAY THE ROYAL FAMILY INCOME.BASE ON THE FACT OF PUBLIC SCHOOL LAYPEOPLE GO TOO,COST OF TRANSIT TRAINS TO BE MADE TO GET PEOPLE TO WORK AND SOFORTH.PUBLIC ISSUES TO HELP THE LAYPERSON GET THE FINANUAL HELP THEY NEED TO ASSET IN THIER LIFE.SO WHERE IS THE TAXES BEING SUPPORT.BECAUSE BRITIAN IS VERY MODERATE AND COMPASSION.BRITIAN has hardworking laypeople but in the taxes wouldn't cover the parliament pay,or other issues,prime minister income and farming industries to make food for britain and sell to the world market..The meaning is this american pays taxes but the people are ilrealsit to cost of buildings,jobs to employ,building for ediucation in one state,let alone for 51 states or 49 .Wealthy in america pays taxes as much as 1.5 million for 4 working factories to keeping working not including thier mansions.The charties the wealthy give is near the amount said the workingclass pays in taxes to make society run ,only they get it back every years in refund checks, which what was taking out during the course of the year.So how is it lay people pay....For workingclass and laypeople pay for wealthy and royals they would be geting a refund check of the money taken out during thier work year ..The royals don't get refund checks like america.

    ReplyDelete
  2. For britian i mean someone is using the people's hardship for it own purpose and throwing off the world leaders to sin in society..Because when royals get jobs and take thier income an parlay it to a fortune.All the while paying taxes.That something they did own.Yeah they can buy that exspensive gown and car because they work for it and paid taxes.

    ReplyDelete

Grace A Comment!