The Royal Wedding and the Bank Account

Geoff geoffbannister123 at btinternet.com
Wed Apr 13 19:47:39 UTC 2011



--- In HPFGU-OTChatter at yahoogroups.com, "justcarol67" <justcarol67 at ...> wrote:
>
> Geoff wrote:
> > The Queen, and the Prince of Wales, both also have the income from property associated with two Royal Duchies (the Queen is Duke of  Lancaster which generates about £10 million, the Prince of Wales is Duke of Cornwall which generates about £15 million). Overall though the Crown is a real money spinner for Britain - in a sense they pay an income tax rate of about 80%!)
> 
> Carol responds:
> 
> The queen is a duke? How does that work? I know that it's possible to be a duchess in your own right and not just as the wife of a duke. If the British assign the male title to women who hold a title in their own right, then logically, she should be king, not queen, of England.
> 
> Wouldn't they also have income from Prince Philip's duchy of Edinburgh? (I don't know about his connections with the Greek and Danish royal families or even whether those families--or kingdoms--still exist.)

Geoff:
With respect, the opening remarks of Carol's have been wrongly attributed to me. 
They were part of the excellent outline posted by Shaun Hately.

A few further comments. Prince Philip's title is an honorary one and produces no 
income. He renounced his Greek and Danish titles and allegiance to Greece in the 
year he married Princess Elizabeth (1947). He is on record as having said that he 
considers himself to be Danish (although he is a naturalised British subject).

With reference to the Queen as a Duke, I quote from a source dealing with these 
matters: "The Sovereign is styled as Duke of Lancaster, regardless of gender, 
although it is an honorary title and a royal style. The Dukedom became extinct 
after Henry VI as the original charter restricted it to 'heirs male'. Despite this, 
George V approved the ongoing use of the title."







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