Gossip Cop has confronted all manner of reports about the royal family’s finances. Most of these stories concern Meghan Markle and Prince Harry, but one tabloid is now claiming that Queen Elizabeth herself has gone broke. Were this story true, it would have consequences we couldn’t even fathom, so let’s investigate.
Most of this article is spent running down the various homes the Queen lives in. There’s Buckingham Palace, which is “undergoing a ten-year renovation costing a bankrupting $47.7 million a year.” Then there’s the Scottish castle, Balmoral, which “costs $4 million a year in upkeep.” Throw in Brexit causing a loss on Sandringham House in England and the never-profitable racing stables, and one could only conclude “the Queen is house poor.
It feels weird to even have to say this but if the Queen of England owes the bank money, it’s safe to say she’s good for it. Forbes put her fortune somewhere in between $500 million and $1.5 billion, were she to start and whatnot. Parliament would likely never allow the queen to ever go broke anyway as it would irreparably damage the country's reputation.This Tabloid Has No Royal Insight Whatsoeverloves publishing stories about how little cash the royals have. It claimed Prince Harry, weeks away from scoring a multi-million dollar production deal,
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