The Secrets and Riches of Meghan Markle and the Royal Family
Find out how Meghan Markle, the Queen, and the rest of the royal family make their money and what they spend it on!
Payroll Costs – $30 Million
Vogue
A considerable chunk of money from the Sovereign Grant goes straight to cover the payrolls costs. Just in 2018-2019, the royal Household spent 18.1 million British pounds on the salaries of their permanent staff. Furthermore, $3 million goes to pension contributions and another $1.8 million to National insurance.
Moreover, the royal family spends $300,000 on temporary staff. Another $3 million cover for the royals utility bills. What’s more, housekeeping and hospitality cost $2.5 million, and information technology about $3 million. If we sum up everything just mentioned, we’re talking about the staggering amount of $30 million annually!
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