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Royal history: British Royal Family's Financial Constraints


Jan. 21, 1936, London - The Royal Family which receives approximately $2.7 mn a year from Parliament is hard-pressed, reports The United Press. The amount is not enough to cover the cost of the Court and has to be subsidized by the Prince of Wales' Duchy of Cornwall and the King's own Duchy of Lancaster, which yields $285,000 a year.

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Here is detail of annual Civil list:

King

Privy Purse - $489,000
Household salaries - $559,000
House expenses - 858,000
Repairs and maintenance - 100,000
Royal bounty - 58500
unappropriated - 36,000

Royal Family
Duke of York - 119,000
Duke of Gloucester - 119000
Duke of Kent - 119000
Princess Royal - 28500

The Privy Purse however incurred deficit many times over.

1919 - $116,000
1920 - 218000
1921 - 257000

King George V eventually decided to cut his civil list by 260,000 a year when England hit a slump after the Depression. Image: Flickr

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