The 10 Richest Royal Families In Europe

June 1, 2018

Grand Duke Henri

LuxTimes

Monarch Grand Duke Henri is the Grand Duke of Luxembourg. He has been in power as the Grand Duke since 2000 when his father, Grand Duke Jean of Luxembourg, stepped down and passed stately duties on to his son. Since his rule began, the country has seen widespread economic growth. Many credit Henri with carrying out this feat by bringing the nation into the twenty-first century while still maintaining the small nation's rich history.

He is a very well educated man, even studying in the United States for a stint before officially graduating from the University of Geneva in 1980 with a political science degree that served him very well as ruler just two decades later. The biggest reason for the financial prosperity of the small European nation is they have very relaxed banking laws which means they are a magnet for very high net worth individuals to store their money without having to pay as much tax as in their home nation. It is estimated the monarch is worth more than three billion dollars in total. His wealth comes from both privates ownership in a variety of entities, as well as receiving an allowance from the government of up to 250,000 dollars as well as paying upwards of ten million dollars every single year to upkeep the home of the Grand Duke and allow him to perform his stately duties.

Continue reading to learn about perhaps the most famous royal family in the world.

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