The British monarch has earned millions of pounds by leasing crown land to offshore wind farms, reports Financial Times.
The latest figures published by the Crown Estate, which manages a land and property portfolio on behalf of the monarchy, show that the monarch booked revenue of GBP 467.7 million in 2017, and the best performing investments stemmed from its GBP 1.4 billion energy, minerals and infrastructure portfolio. The portfolio has increased from GBP 1,124 billion the year prior and now corresponds to 11 percent of the monarchy's total assets.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.