86 min listen
7. Secrets of the Royal Family's Money
7. Secrets of the Royal Family's Money
ratings:
Length:
50 minutes
Released:
Jun 14, 2023
Format:
Podcast episode
Description
The much-awaited UK Coronation episode featuring of King Charles III and Queen Camilla is not really about the Coronation (although we do dish on the details). It's about the Royal Family's heaping mass of wealth and their long history of hiding it, while demanding their subjects generously fund their lifestyles. Unbeknownst to many, the most sophisticated "legal" financial arrangements in the world take place on tax shelters that answer to the British Crown. Here's what we know about how the Royal Family makes its money, takes its money, and how they conceal it from the public by creating tax havens to serve themselves and the world's wealthiest people, multinational corporations and other royal families. Why should we care? Because these networks are enriching themselves while assiduously exploiting you. Show notes: https://www.thedailyupside.com/new-king-old-money/ https://www.independent.co.uk/news/uk/politics/paradise-papers-queen-offshore-investments-royal-family-duchy-lancaster-estate-millions-tax-avoidance-a8039636.html https://www.thedailyupside.com/uk-king-warned-of-damage-caused-by-his-tax-havens/ https://www.theguardian.com/uk-news/2023/apr/05/how-the-british-royal-family-hides-its-wealth-from-public-scrutiny https://www.institutionalinvestor.com/article/b1qwpnk6j1zv70/The-Heiress-the-Queen-and-the-Trillion-Dollar-Tax-Shelter
Released:
Jun 14, 2023
Format:
Podcast episode
Titles in the series (7)
The Island of Jersey – No, It’s Not New Jersey !: Leah gets ready to head back to the island of Jersey – a $2 trillion UK tax shelter off the coast of France – but she has some reservations after it tried to ban her from entering for committing acts of journalism. Co-host Reggie gets her to open... by Column C, with Leah McGrath Goodman