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by bemusedthrow75
1034 days ago
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No such point was made (regarding a royal family). Incidentally, the Royal Family themselves privately own 1/250th of the UK's land, and it is mostly not particularly valuable. Only about £15bn. As a proportion this is only four times what the richest private landowner (the Emmersons) in the USA owns of the USA. And the Emmersons have come by their share pretty quickly by comparison, wouldn't you say? The Duke of Westminster (not a member of the royal family) has a physically much smaller (private) estate that is worth more than half of the royal estate. What the royal family own privately should not be confused with what the "Crown" owns. The Crown estate is basically owned and operated by the state. |
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If anything, I feel like the speed (or how recently the land was acquired) is actually in the Emmersons favour here. A generation or two ago somebody got wildly successful, vs. land being inherited because your 30x great-grandfather was Henry VIII.