For starters, how does the Royal Family make money and where does it come from? Who pays for the Royal Family and their operations? The Royal family makes money through public and private resources. The Sovereign GrantRunning Buckingham Palace costs a lot of money and the maintenance cost is paid for by this grant. “We intend to step back as ‘senior’ members of the Royal Family and work to become financially independent, while continuing to fully support Her Majesty The Queen,” the announcement posted to Instagram stated.

Source: CNN September 17, 2022 07:07 UTC