Finances
The King, Queen, Crown Prince and Crown Princess are exempt from paying any taxes and their personal finances are not revealed to the public. Other members of the royal family have lost that privilege upon marriage. It is believed that only the King has a personal fortune of a notable size.
The royal farms generate some revenue, but this is always re-invested in the farms themselves.
In the Norwegian state budget of 2010 the sum of 142.5 million Norwegian kroner was allocated to the Royal Household. 16.5 million was also given to the monarchs as appanage. 20.9 million was in addition allocated to rehabilitazion of royal property. In 2010, the Royal Household of Norway claimed that King Haralds fortune was close to a 100 million Norwegian kroner. 500 million Norwegian kroner was in the late 1990s allocated to the extensive refurbishments of the royal residences that have been taking place and are still under way. The restoration of the Royal Palace in Oslo went far beyond budget because the structural state of the palace was much worse than expected. However, the large expense was criticised in the media.
Read more about this topic: Monarchy Of Norway