It is a truth universally acknowledged that the British royal family is filthy rich. But while their private net worths are extreme (King Charles III alone is worth $750 million), it’s nothing compared to the net worth of the Crown itself, aka Monarchy PLC, an entity that exists independently from the royals but also couldn’t exist without them. As King George VI once said, the royals are “not a family, we’re a firm.”
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Still confused? Basically, the Firm includes the royals themselves but also the well-oiled private and public machine that encompasses them. As the New York Times explains, the
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