Buckingham Palace is one of the most iconic and recognizable buildings in the world. It is the official London residence of the British Monarch and has been the home of the British Royal Family since 1837. But who actually owns Buckingham Palace?
The answer is that Buckingham Palace is not privately owned by The Queen. It is owned by the Crown Estate, a collection of lands and holdings in the United Kingdom that are owned by the British Monarchy in trust for future generations. The Crown Estate is managed by the Crown Estate Commissioners, who are appointed by the Queen on the advice of the Prime Minister.
The Crown Estate is a public trust and the income generated from it is used to fund the public purse. This includes the upkeep of Buckingham Palace and other occupied Royal Palaces. The Queen does not receive any personal income from the Crown Estate and does not have any direct control over its management.
However, The Queen does privately own two properties, Balmoral Castle in Scotland and Sandringham House in Norfolk. These properties are not publicly funded and are used by the Royal Family for private leisure and recreation.
In conclusion, Buckingham Palace is not owned by The Queen, but is instead held in trust by the Crown Estate for future generations. The Queen does privately own two properties, Balmoral Castle and Sandringham House, which are not publicly funded.
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