Andrew Hill

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Queen Elizabeth II: inside the royal finances

Elizabeth II was one of the world’s wealthiest individuals, with property holdings ranging from central London prime real estate to farmland across the country, but her ability to profit from, let alone sell, many of the assets over which she presided was limited.

Her father, King George VI, nicknamed the royal family “the Firm” and one former adviser to the family described the Queen as “very much the non-executive chair” when it came to business and financial affairs. But the Queen was unlike any chair of a conventional company, and her power to act like a normal company director, entrepreneur or investor was highly constrained by legislation and tradition.…  Seguir leyendo »