King Frederik and Queen Mary ‘earned’ more than AUD$3 million last year for fulfilling their royal duties, according to a financial report published by the Danish Palace.
Of that enormous sum, AUD$498,359 was set aside as a direct ‘subsidy’ for then Crown Princess Mary.
Most of the couple’s joint income, paid by the state which also covers other ‘dependent’ members of the royal family, went towards their housing and staff costs.
They were left with just under AUD$640,000, which they could spend as they pleased on unofficial travel, clothing and other personal expenses.
Princess Mary is known as the frugal princess, but is also revered for her style and love of designer goods.
King Frederik and Queen Mary ‘earned’ more than $3 million last year for fulfilling their royal duties, according to a financial report published by the Danish palace
Although the couple’s income seems high, it is nothing compared to what they could take home in 2024.
If former Queen Margrethe’s 2023 grant of A$13 million, with a private grant of A$2.9 million, is anything to go by, then Queen Mary and her family are in for a huge “pay rise.”
The couple’s financial future has not yet been decided as the government plans to overhaul the royal family’s appanage system.
Queen Mary is known as the frugal princess, but doesn’t mind buying lots of designer threads, like this $3,000 Taller Marmo coat
She is pictured here in a $3,800 Zimmerman dress
New legislation will set out how much money the royal family will receive, and how it will be divided between money for subsistence and money they can use ‘as they wish’.
The ‘exact’ amount is not yet known, according to the Danish press, because the government has not yet considered the issue.
Unlike the British royal family, the Danish royal family is exempt from paying taxes.
The couple also have other sources of income and were caught renting their ‘secret’ Swiss ski lodge on AirBnB for up to $20,000 per week.