The Royal Family Member That Spends An Astounding Amount Of Cash
Mar 08 2020
Despite the British tabloids' weird tendency to blame Meghan Markle for just about everything, there's at least one title that can't be dumped on her: that of the most expensive royal. Take travel, for example. According to the International Business Times, it was Prince Charles who spent the largest amount of money on travel from 2018 to 2019.

As you might expect, Prince Charles is quite the globe-trotter. The British royals are generally expected to participate in excursions abroad, given the countless engagements they have to take part in, and Charles is no exception. According to the Express, he spent nearly half of the family's travel budget from April 1st, 2018 through to March 31st, 2019. His own personal travel budget reportedly added up to £1.3 million. Joint airfare and rail costs for the heir to the throne and his wife, Camilla, totaled £1.33 million in that time period. Generally, Charles likes to keep his feet in the ground - when traveling, he apparently prefers to go by train, which reportedly costs about £20,000 per trip.

But the train isn't always an option. In 2019, Charles and Camilla became the first royals to visit Cuba for an official trip. To get there, they traveled on a Royal Air Force Voyager military plane, while their staff used regular, scheduled flights for the trip. In total, Charles and Camilla's tour of the Caribbean and Cuba cost £417,000.

So how do Prince Charles' travels stack up to the rest of the royal family? By comparison, Prince Harry and Meghan Markle's royal tour to New Zealand, Australia, Tonga, and Fiji cost £81,000. Prince William's historic trip to Jordan, Israel, and the West Bank reportedly cost about £74,000. That means Charles and Camilla's Caribbean and Cuba tour cost more than five times the amount of Harry and Meghan's trip.

According to a royal document cited by Newsweek, Queen Elizabeth's travels appear to be the cheapest of all. Most of the Queen's trips cost between £16,000 and £21,000. Her most pricey excursion was reportedly a train ride with Markle to visit the Storyhouse theatre and Chester Town Hall in June 2018. That trip cost £29,714. For what it's worth, Prince Charles and Camila's aforementioned excursion to the Caribbean and Cuba cost 14 times that amount.

So where does all that money come from? Well, according to Town and Country, royal visits are usually funded by British taxpayers through something called the Sovereign Grant - which is a sum of money granted to the monarch annually for official duties. From 2018 to 2019, that amount was £82.2 million, which is the U.S. equivalent of about $104 million.

Town and Country calculated that expense comes to £1.24 per person in the U.K - or around $1.58. This might seem particularly startling considering Queen Elizabeth and Prince Charles aren't even required to pay income taxes - but the truth is they actually choose to pay an amount equivalent to what their taxes would be. Prince Charles also gives money to Prince Harry and Prince William via his private estate, the Duchy of Cornwall. He reportedly gave his sons and their families £4.9m in 2018. However, now that the Duke and Duchess of Sussex plan to step back from royal duties and work to become financially independent, it's unclear how much financial support Charles will provide in the future.

But Charles doesn't just spend money - he makes it, too. The royal family is estimated to generate at least £2 billion of annual incremental revenue to the British market. Even his lavish travel expenses can be counted as money well spent. Speaking to the Express, a palace aide explained that there's a good reason why the Prince of Wales travels so much. They said:

"His overseas travel was at the behest of the Foreign Office, who realizes he is a terrific ambassador for Britain."

Basically, Charles isn't jet-setting around the world just because he feels like it. In fact, his presence abroad is practically demanded by the British government. Good excuse for a vacation, though, don't you think?

Watch the video to see how The Royal Family Member That Spends An Astounding Amount Of Cash.

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