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Royal Watch

  • Thread starter Thread starter Miajahar
  • Start date Start date
I wonder where the King of Swaziland gets his money from?

Do they have mines over there?
I should Google.
 
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So Wiils and Kate got to meet Charlene at last :)
 
Hell, the Queen is having SUCH a good time for this Jubilee :D

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Her Airforce spells out her initials over Windsor Castle :D

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Her Royal family got dressed up as her Royal Armed Forces

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Then the REAL armed forces marched through the back garden

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I'm glad she's having a good time, cause I don't think she'll be having another one!

It IS all very spectacular.
I would love to have seen it all.
 
According to wiki it's mainly old family money and lots of good investments, I think they have a long history of not spreading their wealth around.

Wealth
Mswati has been criticized for his lifestyle, especially by the media[7]. Following criticism of his purchase of luxury cars, including a $500,000 DaimlerChrysler's flagship Maybach 62 luxury automobile, he banned the photography of his vehicles.[8] According to the former CEO of the Office of the king, the purchases were personally funded and the king of Swaziland earns a high salary as Head of State, has investments within and outside the country and owns an unspecified amount of shares in different companies within Swaziland[citation needed].

According to the Forbes 2009 list of the World's Richest Royals, king Mswati is worth a reported $200 Million USD.[9] This does not include a sum of about $10 Billion USD that his father king Sobhuza II put in trust for the Swazi nation during his reign, in which Mswati III is the trustee.[citation needed]

In January 2004 the Times of Swaziland reported that the king requested his government to spend about $15-million to redecorate three main palaces and build others for each of his 11 wives.[10] The Prime Minister's Office issued a press statement saying the article in the Times of Swaziland was "reckless and untrue" and that the proposal was for the construction of 5 State Houses, not Palaces, and the cost was only E19.9 million.[11] Later that year the go-ahead was given to build five new palaces at a cost of more than $4-million out of public funds.[12]

In August 2008, Swazi scouts marched through the capital protesting against the cost of a shopping spree taken abroad by nine of the King's thirteen wives. The demonstration was organized by Positive Living, a non-governmental organization for Swazi women living with AIDS.[13]
 
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