Finances of the British royal family
UK monarchy's income and spending / From Wikipedia, the free encyclopedia
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The finances of the British royal family come from a number of sources. The British government supports the monarch and some of his family financially[1] by means of the Sovereign Grant, which is intended to meet the costs of the sovereign's official expenditures.[2] This includes the costs of the upkeep of the various royal residences, staffing, travel and state visits, public engagements, and official entertainment.[3] Other sources of income include revenues from the Duchies of Lancaster and Cornwall, income from assets of other trusts, income from private investments, and a parliamentary annuity.
The Keeper of the Privy Purse is Head of the Privy Purse and Treasurer's Office and has overall responsibility for the management of the sovereign's financial affairs.[4]