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The Royal Family Gets £86M A Year From The British People. Are They Worth It? | True Cost

fighting in mud training for hours and going years without seeing a family this is kushti a traditional form of Indian wrestling left his rural Hometown when he was 15. to join this Academy in kolapur today he lives and trains at the century-old gangavesh talim this sport is a way out of poverty for many farming families in just over a decade Mali has become one of the top fighters here earning up to four thousand dollars from one competition but India has shifted to favor wrestling on the mat over mud and the tradition that goes back 2500 years is dwindling so what does it take to be one of India's mud wrestlers and how is this traditional sport still standing becoming a cushty fighter is all about discipline Maui wakes up at 3 55 am every day he starts his training sessions at dawn with some of the other 200 wrestlers who live here they use their own and each other's body weight to build strength is they train six days a week often undercoach vishwash Mali has been working with him since he joined the academy vishwas has trained over a thousand kids and he doesn't go easy on them foreign -up by preparing the dirt floor clearway stones and smooth it out the dirt is mixed with turmeric lemon and salt to help wrestlers injuries heal faster swapped out every couple of years and sent to smaller Italians many see the red soil as sacred because without it they wouldn't have a career before a match Maui warms up his joints with oil and starts planning Studio wrestlers cover themselves in dirt at the start of each match to create more friction between their bodies foreign this is just practice so there's no winner or loser but Maui still gives it his all ah the goal is to pin the opponent's shoulders to the soil they use moves similar to other forms of wrestling like locks and throws Molly and his opponent reapply the soil as they sweat to get a better grip [Music] with their feet planted in the dirt wrestlers move slowly a real match can last as long as one hour by the end they're soaked in mud din years Mali isn't done for the day when the practice match is over mud wrestling has roots that date back to at least the 5th Century BC it evolved out of an ancient form of Indian wrestling mixed with Persian martial arts the sport thrived in kolapor at the turn of the 20th century the district's ruler shahu Maharaj was a fan of the art and built talims all over the region including this one but mud fighting saw shift about 15 years ago when India started prioritizing map wrestling the government wanted its athletes to compete internationally so many talims had to adapt and started investing in maths including this one is but here they still practice in the traditional mud pits because they believe it makes them better wrestlers on the mat too foreign [Music] still draw crowds in kolapur and they always open with a ceremony playing traditional Indian horns and drums [Music] the cash prizes for this tournament depend on how much money the dangal organizers were able to raise from local fans young wrestlers take home just a small part of the pool sometimes around a dollar per win but older more experienced Fighters can walk away with up to a thousand dollars that's why low income families often send their kids to live at tallims hoping they'll get good enough to make a living Fighters also live and train for free but there's little comfort most of them sleep in shared dorms that can fit up to 50 people at a time and with packed schedules every day they rarely get the chance to visit home Mali has gone up to four years without seeing his family yoga but the wrestlers find family in each other competition Maui's dedication has paid off he says he earns up to 55 000 in a four-month season it would take a typical farming family over 35 years to make that much getting to that level takes a lot of time and practice which is why kids start Young yes some of the youngest are here for just the summer so the talim is especially crowded this time of year but during the height of the pandemic it looked completely different wrestlers couldn't make any money for two years when competition stopped [Music] um wrestlers are responsible for their own food and expenses and those costs can add up especially with the diets they have to maintain foreign eggs but today is Saturday so they're making vegetarian doll s Maui is now a veteran at this time mentoring the younger wrestlers but he still remembers his first day here foreign now he's treated like a celebrity um Molly hopes to keep wrestling for another decade and he believes the ancient tradition of kushti isn't going anywhere [Music] [Music] foreign

By Vlad CiobanuPublished 3 years ago 3 min read

The cost and worth of the British royal family is a topic of debate and subjective judgment. On one hand, critics argue that the royal family is an outdated institution that incurs significant costs to the UK government and lacks transparency. They question whether the benefits they provide, such as tourism and economic value, outweigh the expenses. On the other hand, supporters argue that the royal family brings in billions of pounds through tourism, boosts the economy, and represents tradition and stability.

Financially, the royal family does receive an annual income from the UK government known as the Sovereign Grant, which amounted to over £86 million in 2021. This grant covers various expenses, including palace maintenance, staff wages, and royal travel. Additionally, the crown estate, a large portfolio of land and properties, generates revenue through tourism and other business ventures. However, these earnings are paid to the government, not to the royals themselves.

The royal family also possesses considerable private wealth. For example, the king owns the Duchy of Lancaster, which encompasses land and property across the country. Prince Charles receives income directly from the Duchy of Cornwall. Combined, these private holdings provide the royals with a private income of over £40 million per year.

Estimating the overall cost of the royal family is challenging, as it involves expenses beyond the Sovereign Grant, such as security costs for royal events. Some estimates suggest that the total cost to the British people ranges from £300 million to £500 million per year.

In terms of their worth, supporters argue that the monarchy contributes to the UK's economy and global image. The royal family's events and ceremonies attract tourists, generate revenue, and promote British businesses. According to Brand Finance, the monarchy creates wealth worth approximately £800 million per year, and their endorsement benefits numerous businesses. They estimate that the monarchy generates about £2 billion in total economic value, resulting in a net gain of around £1.5 billion for the UK after subtracting the costs.

Critics, such as the Republic campaign, contend that the economic benefits attributed to the royal family are overstated. They argue that tourists would still visit the UK without the monarchy and that an elected head of state would provide a more democratic and accountable leadership.

Ultimately, opinions on the cost and worth of the royal family vary, and the decision to maintain or abolish the monarchy involves complex considerations of tradition, stability, economics, and democratic principles.

Yes, the British royal family is indeed wealthy, and they possess significant assets such as land properties, castles, and valuable items like the Faberge eggs, crown jewels, and rare stamp collections. However, estimating their total worth can be challenging due to the complexity of valuing historic artifacts and properties accurately.

Regarding the debate surrounding the monarchy's value, opinions differ widely. Some argue that the royal family is an outdated and costly institution, characterized by secrecy and corruption. On the other hand, proponents of the monarchy believe that it represents the best of British heritage, combining history with majesty and contributing significantly to tourism and business in the country.

In terms of cost, the royal family does receive an annual income from the UK government. As of your provided information, this income amounts to over £86 million per year, or approximately $106 million. Additionally, senior members of the royal family have the privilege of residing in grand residences like Buckingham Palace, which boasts 775 rooms and hosts significant events such as weddings, birthdays, and Jubilee celebrations on its iconic balcony.

Ultimately, the question of whether the royal family is worth the cost is subjective and depends on individual perspectives and beliefs about their historical, cultural, and economic contributions to the United Kingdom.

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