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LIFESTYLE

Buckingham Palace on the ropes: no longer cover up the latest news about Charles III

An uncomfortable truth comes to light and puts Charles III and his family in a difficult position, generating doubts and internal tensions

Monarchies worldwide draw great attention, expectations, and also criticism. The decisions they make, both public and private, are often the subject of debate and constant scrutiny. In this context, the actions and lifestyle of their main figures directly influence public perception and institutional reputation.

Royal families face the ongoing challenge of keeping an image of tradition and modernity, while knowing they're being analyzed at every moment. This delicate balance can be affected when news arises that questions their commitment to values like austerity. The question of the moment is whether King Charles III is applying the value of restraint during his reign.

King Charles III and Queen Camilla pose in front of two framed portraits depicting a man and a woman dressed in formal and elegant attire.
Charles III and Camilla with the portraits delivered just recently | Europa Press

Charles III: his assets and the expenses that spark controversy

Recent reports indicate that Charles III may have considerably increased his personal assets, reaching figures ranging from 760 million to 2.3 billion euros. Although the financial transparency of the royal family is limited, these estimates have an impact. Not only is his fortune under analysis, but also his personal expenses, which sometimes stand out to the public.

Among the most notable expenses is the cost of his coronation, estimated at 85 million euros. Tina Brown, a journalist specializing in royal matters, recounted an episode in which the king asked to have the entire bedrooms moved in advance for his stay with Camilla. He also owns a collection of 60 suits costing 6,500 euros ($7,100) each and more than 200 handmade jerseys, each costing 1,500 euros ($1,630).

An elderly man in a top hat and gray suit walks on grass while holding an umbrella, surrounded by elegantly dressed people.
Charles III has a collection of 60 suits, each priced at €6,500 | Instagram, @theroyalfamily

Buckingham Palace: the royal budget that cries out for austerity

The upkeep of the royal residences also represents a considerable expense. The daily food is described as extremely lavish and the number of staff required to attend to the properties is high. Due to these factors, the budget of the British Crown increased by 23 million euros last year, sparking debates about responsibility in the use of public funds.

Many citizens are calling for a more austere and prudent approach in the management of state resources. For Buckingham Palace, keeping the image of moderation is vital to keep public trust. These recent expenses and revelations put the monarchy in a complicated moment, where tradition and social demands seem to clash.

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