Birdwatch Note Rating
2023-12-12 19:18:38 UTC - HELPFUL
Rated by Participant: 76374F9C4FBDFC4D143E15EA36990B66CBE450F756BB94E1B893A613963E9B7E
Participant Details
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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