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The True Cost of the Royal Family Explained

The True Cost of the Royal Family Explained

CGP Grey
1 HN recommenders · discussed 2013–2022
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About this video

CGP Grey breaks down what the British Royal Family costs the UK versus what it brings in, including income from royal-owned land. He concludes the government nets a profit from the arrangement.

Why it appears in the archive

HN commenters cite it in monarchy debates as the explainer claiming the royals make money for the UK, with some disputing it.

AI-generated summary and labels from the source dataset; verify important details against the video. Source & credits.

From the Hacker News discussion

TamDenholm · 2013-04 · rec

Pretty interesting and i agree with all the points. One thing about the monarchy is the argument that they cost a lot. CGP Grey did a video explaining the true cost of the monarchy. [VIDEO] Also, check out his channel, he does loads of amazing videos. [LINK]

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Accacin · 2014-06 · reference

I'm not sure that I agree. If you look at this video ( [VIDEO] ) you'll see just how much money they make for the UK. I'm also quite sure that most of the Royal Family do more work than most people do.

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rtkwe · 2014-06 · reference

The monarchy actually saves the country money over all from just first layer income given to the country... [VIDEO]

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marquis · 2014-06 · reference

For what it's worth, the UK government currently makes a healthy profit from the Royal Family. [LINK] In video form: [VIDEO]

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jmkni · 2015-05 · reference

There's a popular CGP Grey video which claims the opposite, ie that the monarchy is a money spinner for the UK, and not just because of tourism Are you saying this is incorrect? - [VIDEO]

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GarrisonPrime · 2019-11 · reference

The True Cost of the Royal Family Explained, video by CGP Grey: [VIDEO] too long; didn't watch: The royal family likely contributes quite significantly to the popularity of the UK tourism industry, which brings in FAR more money to the country than the institution costs to maintain, even considering all the royal salaries to pay, the palaces to maintain, public events to produce, security, etc. They also lease out a great amount of land to the country - to the wide benefit of the entire populace - for pennies of what it would cost the nation to purchase such land and resources outright.

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yunruse · 2019-11 · reference

It’s a good tourist attraction, to be entirely fair, it’s just that the extended royal family quickly descends into situations like these. You could also make the argument that profits from royal-owned land – which is handed over to Parliament in return for a fixed salary – saves each UK citizen over £2 in taxes per year [1]. [1] [VIDEO]

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throwaway_2047 · 2021-02 · reference

According to [VIDEO] , the royal family brings in 160M pound from land property with a maintenance cost of 40M pound, and an additional 7000M pound from tourism

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