Queen Elizabeth's income rises

June 28, 2013 01:57

Queen Elizabeth will see her income rise from 36.1 million to 37.89 million (nearly $58 million) in 2014 due to an increase in profits of the Crown Estate fund from which she is paid, the Sovereign Grant said.

The grant, which provides the monarch's spending as Head of State, is calculated as a percentage of profits from the estate, which includes properties such as Windsor Park.

The estate is now valued at 8.1 billion after announcing profits of 252.6 million on Thursday.

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