Does the King charge too much?
¿Cobra demasiado el Rey?/Does the King charge too much?
Does the King charge too much?
The King receives a personal salary of 140,519 euros and 152,233 euros for representation expenses
The King receives a personal salary of 140,519 euros and 152,233 euros for representation expenses
The Royal House has released the account statements of the King and other members of the royal family. Given the fact that the King has a 292,752 euro salary, this raises the question of if it is too much compared to other public offices.
The former Prime Minister, José Luis Rodríguez Zapatero, received 78.185 euros gross in 2011. However, it is not the office with the highest pay in Spain. The president of Catalonia has a salary of 144,030 euros, the president of the Basque Country receives 100,696 euros and the president of Castilla La Mancha receives 96,123 euros.
Compared to the private sector, the salary of the King is far from the 10.2 million received by the CEO of Banco Santander in 2010.
The Royal Household's budget assignation was 8.4 million euros in 2010. The British monarchy has a budget of 52 million euros. Meanwhile, the royal family of Monaco receives 20 million a year. The Royal Household of Sweden receives a similar amount. One of the most austere monarchies is found in the Netherlands, which receives about 5 million euros.