Birdwatch Note Rating
2023-12-13 09:46:30 UTC - HELPFUL
Rated by Participant: 55FB95431C747DA596215472CC191C111D72790824D51A221CBD97F74D99951D
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Original Note:
The total wealth of the Royals and all their assets is (generously) around £20bn. If invested at current UK rates of 5.25% this would generate an income of £1bn/yr. Divided between the 4.2m children "in poverty" this would create an income of just £240 per child per year. https://www.investopedia.com/ahead-of-king-charles-coronation-here-is-the-british-royal-family-s-net-worth-7486580#:~:text=Key%20Takeaways,King%20Charles%2C%20according%20to%20Forbes.
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