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A Firm without its queen: How the Royal Family runs its finances As the UK mourns the death of Queen Elizabeth II, we delve into the finances of the British monarchy and what could change. With assets from castles and sporting grounds to jewels and art, the Royal Family is estimated to have more than €20 billion in personal wealth. Does the monarchy costs more to British taxpayers than it brings in? Kate Moody discusses this and more with Dr Laura Clancy, a lecturer at Lancaster University and author of "Running the Family Firm: How the Monarchy Manages Its Image and Our Money".