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If you take a look at the families and organisations that have truly preserved vast sums of wealth for centuries, they hold a lot of diverse productive assets, in fact if the assets aren't productive they will be frittered away over time and not preserved.Take a look at the asset bases like the Crown Estate, it's a diverse mix of Farmland, real estate holdings, forestry assets, businesses, resources etc, it has being funding the English royal family for nearly 1000 years, through many wars, depressions, currencies etc etc It's currently estimates (conservatively) to be worth 7 Billion Pounds, and it throws off a few hundred million pounds in walking around money each year.The Royal family receive 15% of the income from the crown estate, they hand over the other 85% to the treasury.[MEDIA=youtube]id=cFMRblGHRTs;t=77[/MEDIA][MEDIA=youtube]dBv-EyYM69E[/MEDIA]
If you take a look at the families and organisations that have truly preserved vast sums of wealth for centuries, they hold a lot of diverse productive assets, in fact if the assets aren't productive they will be frittered away over time and not preserved.
Take a look at the asset bases like the Crown Estate, it's a diverse mix of Farmland, real estate holdings, forestry assets, businesses, resources etc, it has being funding the English royal family for nearly 1000 years, through many wars, depressions, currencies etc etc It's currently estimates (conservatively) to be worth 7 Billion Pounds, and it throws off a few hundred million pounds in walking around money each year.
The Royal family receive 15% of the income from the crown estate, they hand over the other 85% to the treasury.
[MEDIA=youtube]id=cFMRblGHRTs;t=77[/MEDIA]
[MEDIA=youtube]dBv-EyYM69E[/MEDIA]
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