This is how King Felipe VI life lives and spends his money: salary from the age of nine, collections of cars, boats, and palaces, and 2.5 million euros saved in his accounts.
If Ferdinand VII was the desired one, Philip was the prepared one.
Or, at least, that is how they have sold it all their lives. Son of King Juan Carlos I, he is the first Spanish monarch to have been Prince of Asturias since his great-grandfather, Alfonso XIII, and he grew up all his life with the conviction that someday, sooner rather than later, the crown would reach his hands.
It was fulfilled in 2014, when the abdication of the previous monarch due to the scandals of his private life paved the way for the heir, already become Felipe VI.
His fortune was estimated until now as one of the ten largest of all European royals. It is counted in cash, yes, but also in titles, palaces, enclosures, and cars, among others.
King Felipe VI life
In April this year, the Royal Household has given details about what the king's personal net worth looks like.
According to Europa Press, his assets amount to 2,573,392.80 euros. 300,000 euros are in art objects, antiques, and jewellery, while the remaining 2.2 million are deposits in checking account, savings account, or securities for their participation in funds.
This is all that is known. This is how Felipe lives and spends his fortune.
He was the first king to be born in Spain since his great-grandfather, Alfonso XIII, since his father was born in Rome (1938) and his grandfather (1913) never came to reign.
His real name is Felipe Juan Pablo Alfonso de Todos los Santos de Borbon y Grecia.
Juan Carlos, then Prince of Spain, had a firm hunch that his third child, after the Infantas Elena and Cristina, would be a boy. "I kept saying to myself: the third time is the charm!", would recount years later.
King Felipe VI life mother
But the one who spoiled him the most was his mother, Queen Sofia. According to the writer Juan Balansó, the historian most versed in Spanish royalty (Los diamantes de la corona, 1998), Felipe was spoiled until adolescence (Las coronas huecas, 2003).
It is the same school where his daughters Leonor and Sofia study. The last school year, equivalent to COU, he took at the Lakefield College School in Canada.
He also studied several subjects of Economic Sciences.
The private university, one of the top twenty in the United States, is also one of the most expensive in the country.
He was appointed Prince of Asturias on January 21, 1977, although he would not be sworn in as successor to the throne until January 30, 1986, the day he turned eighteen.
He received his military instruction — reduced - at the General Military Academy of Zaragoza, the Naval Military School of Marín and the General Air Academy of San Javier.
Until his proclamation as King, he held the ranks of lieutenant colonel of the General Corps of Arms of the Infantry Land Army, captain of a frigate of the General Corps of the Navy and lieutenant colonel of the General Corps of the Air Army. The Council of Ministers approved his promotion.
King Felipe VI life age
At the age of eighteen, in 1987, he completed his instruction as a marine guard on the Juan Sebastián Elcano training ship.
According to Article 65.1 of the Spanish Constitution, the King "receives from the State Budgets a global amount for the support of his Family and House and distributes it freely."
It was his second vehicle between 1986 and 1988, since a few months earlier his father had given him a custom-made Seat Ibiza 1.5.
Although he tends to use the previous passenger cars, the jewel in the crown — never better said — of his garage is a Mercedes-Maybach S600 Guard, "the safest car in the world", valued at 1.4 million euros.
The ceremony was the first state wedding in 50 years and was sold as an "investment" to give a good image of Spain after the September 11 attacks and contribute to Madrid's candidacy as an Olympic venue.
They were paid for by the Madrid City Council, governed at that time by Alberto Ruiz-Gallardón (PP).
King Felipe VI life and NATO
More than 20,000 Spanish police and two NATO AWACS (aircraft) guarded the event.
The two Spanish chefs took over the royal dinner with an innovative menu. The occasion earned Adrià to be considered not only "the best chef in the world", but one of the ten most influential people in the world that year, according to Time magazine. The wedding cake, made by Paco Torreblanca, weighed about 150 kilos, and measured more than two meters.
He was sworn into the position of head of state on June 19, 2014, before the Cortes Generales when Organic Law 13/2014, signed in the Official State Gazette, came into force.
In the General State Budgets of 2022, his remuneration amounted to almost 260,000 euros. His military salary is not exactly known.
In 2019, the family received 679,818 euros, almost 162,000 euros more, because the emeritus King Juan Carlos I also had an allowance.
One of the big questions of the parade is its cost. A figure that has been estimated for this year of just over 400,000 euros. To this amount we would have to add about 200,000 euros of the cost of the grandstands and the stands, which adds up to an amount of more than 600,000 euros. Last year's parade cost 669,480 euros, as confirmed by the government itself in a control session.
The best known is the Royal Palace of Madrid - also known as Palacio de Oriente-, which is listed as an official residence although the kings live in the Zarzuela.
Felipe also has the dependencies of El Escorial, El Pardo, Aranjuez, La Granja de San Ildefonso or La Almudaina, among many others.
In April this year, the Royal Household has given details about what the king's personal net worth looks like. According to Europa Press, his assets amount to 2,573,392.80 euros. 300,000 euros are in art objects, antiques, and jewellery, while the remaining 2.2 million are deposits in checking account, savings account, or securities for their participation in funds.
The Council of State commissioned the piece from Hernán Cortés Moreno, known as "the painter of the Transition".
# King Felipe VI life #
