The British royal family is getting PAID!!!
In 2025, the amount of money that King Charles and his crew are set to receive from the UK Treasury will grow substantially, according to reports. This coming April, per People and others, the British public purse will hand over more than $165 million (or about £132 million) to the royal fam through the Sovereign Grant. That grant is the laid-out annual amount the UK Treasury must pay to the royal family — and it’s always a big number.
However!!! This year, not only is that an insane amount of money on its own, but it also marks a $56 million increase from last year’s payday!!!
That’s a HUGE pay raise — just a little more than 33 percent, in fact! And it’s coming with a lot of concern from British taxpayers and other observers who are worried about the UK’s financial situation.
Speaking to Town & Country, Republic CEO Graham Smith slammed the huge pay raise for King Charles, Prince William, and the rest of the royal fam:
“This is public money, all of this money comes from the government, at a time when the government is not able to properly fund schools, hospitals, police. It is scandalous. Not only should it not be going up at all, it should be going down.”
FYI, back in 2024, the palace announced that much of the money sent their way via the Sovereign Grant would go towards the ongoing renovations happening at Buckingham Palace. Those renovations are expected to be completed in 2027. And obviously, Buckingham Palace is one of the most notable tourist destinations in the world, so we get that it’s extremely important for the royal family and the UK’s economy.
But still… this is a hell of a pay raise for a monarchy that’s already loaded to the gills with cash. Ya know?!