The Royal House of Sweden increases its fortune by more than 2 million euros

It has been decades since the royal family of Sweden began to distinguish themselves as one of the most modern monarchies in all of Europe. The members of the different European royal houses are subject to their own rules; and the case of the Bernadotte family is undoubtedly one of the most exceptional in the entire continent. And that’s it, as far as the economic aspect is concerned; its members have the opportunity to reconcile their responsibilities in the palace with their activities in private companiesalthough it is recommended that they do not actively participate in the latter.

Their position as active members of Swedish royalties does not prevent the various members of the Bernadotte family from receiving the corresponding benefits each year generated by their companies outside the Crown. This allowed the Princes Victoria, Carlos Felipe and Magdalena of Sweden to contribute more than two and a half million euros for each of them this year. Far from being satisfied with the salary they receive annually for fulfilling their institutional obligations to the royal family; the children of King Carl XIV Gustaf and Queen Silvia of Sweden decided in 1989 to start their own company. Their activity in Gluonen provides them with an extra income every year compared to the real allowances, which are practically unattainable for most of their compatriots.

Far from being satisfied with this, the Swedish princes decided to erect gluonene, a family business they founded more than 30 years ago. the swedish newspaper to express published this week that each of the princes this year in total €2.6 million for their participation therein. between the three brothers they control 96% of the capital of this company; Meanwhile he has The other 4% is in the hands of their parents. While it is true that the Swedish royal family they have no problem investing in shares of different companies; The best part is that they don’t end up getting too involved in what their management has been. That is why Jan Lindman, who has been working for years as financial director of the Swedish royal family; he is the one who personally directs Gluonen.

In this way, they avoid any kind of misunderstanding that could associate them with peddling or revealing secrets. “Somehow they can access information that not everyone knows. We don’t want to explain ourselves, so they are unaware of our activity. It is better that they are not in the middleLindman assured, as they often all know in advance what changes the Scandinavian country is going to make in the legal field. If there’s anything undeniable, it’s undoubtedly the fact that the swedish royal family weighs heavily in the economy of the scandinavian country. In addition to attending important meetings and participating in several highly relevant trips, he also has have privileged information about companies of Swedish origin.

At the moment it seems that the family strategy works perfectly for them. The proof of this is the millionaire benefits they have now obtained due to the 2021 balance. According to information published by the newspaper to express; the results associated with this course seem to be going even better for the time being than last year; so Princes Victoria, Carlos Felipe and Magdalena can expect the same or perhaps better results by the end of 2022.

Company Glouons is currently valued at a total of 8.8 million euros; thanks to their various investments in Swedish companies whose names they prefer to keep anonymous. “It is not an active company, on the contrary. You never take money out of it, but leave it in the company, so you mainly invest in large Swedish companies that are listed on the stock exchange,” Lindman adds. From the Scandinavian country, it is rumored that some of the companies that the Swedish royalty invests in may be investor, Lundberg’s, latour, Nordea, SEB, SKF or getinge.

A special case is undoubtedly that of Chris O’Neill, the husband of Princess Madeleine of Sweden. The British businessman is a excellent businessman; and after his marriage to the Swedish princess he had to… relinquish his title of prince and join the royal family to continue his business activities. His company made the decision three years ago that Princess Madeleine made the decision to cross the Atlantic to… moving to live in Miami Together with her husband and the three children they have in common: Leonor, Nicolás and Adriana from Sweden.