The 10 Richest Royal Families In Europe

It’s reported that King Felipe’s wealth is relatively small compared to his European counterparts, with his net worth coming in around $7 million. Spain pays the royal family in a lump sum (around $7-$9 million each year) that is paid out in different amounts to the king, queen and other family members. King Felipe IV takes a yearly salary from the country of Spain, coming in at about $267,000. In 2015, he cut his own salary by 20% (a loss of about $66,000!) in an effort to be more transparent and to improve the image of the Spanish monarchy, who had previously been known for their very lavish purchases and lifestyle. King Felipe VI may not be the richest royal on this list, but he and wife, Queen Letizia do have a nice consolation prize: they have the biggest castle: the Palacio Real. This palace has 3,418 rooms-compare that to Buckingham palace, which has only 722 rooms! However, while they do have access to Palacio Real it is now mainly used for ceremonial functions so King Felipe VI and his wife actually live in the somewhat smaller Zarzuela Palace in Madrid.