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KINGS AND THEIR INCOMES.

According to reliable reports, the ■war has brought about a decided drainution in the income of the Kaiser. The tearing up of the little “scrap of paper" has already cost him perm tally £3,000.000. Wilhelm, however, has still a respectable fortune left, if a recent calculation by Herr Martin, an authorty on German rich people is correct. Wilhelm was supposed to be worth £7,000,000, but Herr Martin has pointed out, that a trifle of roughly, £ Id .000,000, the valuation of the Kaiser'.: forest lands and forms has been overlooked. This brings up the Royal esare to a total of £20,000,000. The Raiser, however, has never been

the richest monarch in the world. This hoiiou: belongs to the Czar, w ? ho on his accession c.-me into the Romanoff private estate, yielding about £2,000,000 a yea". Beyond that, his -salary amounts to another two millions, besides lr.rry profitable investment abroad. There are small expenses to be deducted, such as some £500,090 a yar. to Grand Dukes and Duchesses l-ut vhw everything is taken into ace net the C-ar's income is far ahead of that of the Turkish Sultan with his million and a half, or our own King, wlio is the poovt-:: in pelf and palaces of all *he Old World potentates. A State gra/\t of £1,500,000, added to his other revenues, brings the Czar's income lip to £8,000,000 a year. Out of this he has at least £5.000,000 a year for his private use.

King George receives £470,000 per annum from the State, but little than a fourth of this goes into the privy purse. It would be naturally impossible for our King to live in a manner befitting his rank on an income of £120,000 or so, but there are miscellaneous revenues from invested funds and other private sources which help to swell the privy purse. The Emperor of Austria, who is also King of Hungary draws two salaries amounting to £62,500 each. The King of Italy receives £750,000 a year, but has to make allowances to several members of the Royal Family out of it. King Alfonso has an allowance of £357,500, a sum which is his own to spend as he pleases. Belgium's King receives about £175,000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TAIDT19151117.2.8

Bibliographic details

Taihape Daily Times, Volume 7, Issue 338, 17 November 1915, Page 3

Word Count
373

KINGS AND THEIR INCOMES. Taihape Daily Times, Volume 7, Issue 338, 17 November 1915, Page 3

KINGS AND THEIR INCOMES. Taihape Daily Times, Volume 7, Issue 338, 17 November 1915, Page 3

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