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this post was submitted on 18 Jun 2024
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UKs richest family? But not the King? 🤔
Nope, not the King. He might have a lot of stuff, but quite a lot of that is basically unsellable. So his crown might be worth a gazillion, but parliament would probably interfere if he tried to sell it off. And it would be an issue what is actually his to sell and what is really owned by the state.
Much of it is owned by the Crown Estate. Which is technically owned by the current monarch, but it's not their personal property.
All sounds like a scam to me to prevent inheritance taxes scooping off a chunk every time one of them carks it.
All the revenue that the Crown Estate generates is given directly to the UK government to use, so they get plenty of tax from it already. ~$400 million in 2022 for example.
The british royal family are a bit like a church, Not that rich on paper but buffalo buffalo buffalo owning so many assets all over the world that if you did the legwork to put it all together they might turn out to be richer than the richest oligarchs.
I need a better linguist to ELI5 buffaloes
Or is this just bully bully bully
https://en.m.wikipedia.org/wiki/Buffalo_buffalo_Buffalo_buffalo_buffalo_buffalo_Buffalo_buffalo
As mentioned the sentence looks unrelated to bison and/or the city, leaving the interpretation to be 'bully intimidate bully' which sounds jank
Am I just overanalyzing a phrase meant to be a joke
The king is worth at around $700 million.