King of Spain announces net worth of nearly R14 million

King of Spain announces net worth of nearly R$14 million

King Felipe VI of Spain has a net worth of 2.57 million euros (about R$14 million), Casa Real first reported, highlighting the monarch’s efforts to “earn the respect and trust of citizens” for the institution.

“His Majesty the King, guided by the same spirit of service and civic engagement, today adds to his constitutional responsibility his personal decision to make public his inheritance, which totals €2,573,392.80,” the statement said on Monday afternoon (25) published note. by the royal house.

  • Juan Carlos I, King Emeritus of Spain, left the country on suspicion of corruption
  • The scandals that prompted the former King of Spain to leave the country he ruled for almost 40 years

Shortly thereafter, the government announced that the Council of Ministers would adopt a Royal Decree on Tuesday “reforming the structure and functioning of His Majesty the King’s House”. The new rule “will enhance transparency, accountability, efficiency and exemplaryness”, in line “with the principles that have guided the reign of SM Felipe VI from the beginning”.

First as Prince of Asturias and since 2014 as King of Spain following the abdication of his father Juan Carlos I Felipe has amassed a gross net worth of €4,275,796.94 before deductions and taxes.

The decision of Felipe VI, 54, comes after Spanish prosecutors released in early March the file of all investigations into King Emeritus Juan Carlos I, which led him to move to the United Arab Emirates in 2020, rocked by scandals.