The Royal Family will open its books on Thursday to show how the Queen spent her money last year.
, a property business owned by the monarch but run independently.The Crown Estate is controlled by a management board whose main duty is to maintain and enhance the value of the property "for the benefit of the nation's finances".
It is not the private property of the Queen - it merely belongs to the monarch for the duration of their reign. This means the Queen can't sell the Crown Estate or keep the revenue for herself.The Crown Estate was originally the name for lands owned by the monarch - it datesIn 1760, King George III reached an agreement with the government to surrender his income from the Crown Estate.
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