Spanish King Felipe Reveals What His Personal Fortune Is Actually Worth

King Felipe is being transparent with citizens of Spain, and has revealed just how much his personal fortune is worth.

The rare move comes just before the Spanish government put a new law in place which will require the royal house to publish quarterly financial statements.

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In a statement posted to Casa Real’s website, the King wrote that “Today, more than ever, citizens rightly demand that moral and ethical principles inspire — and exemplary preside over — our lives public.”

“The King, as the head of the State, has to be not only a reference but also a servant of that fair and legitimate demand of all citizens,” he added.

The release also revealed the Felipe‘s personal fortune is valued at $2.8 million.

The total amount is made up of $2.4 million held in securities and bank savings, plus a further $325,000 tied up in art, antiques, and jewelry.

This amount is not part of his salary, the Spanish Royal Family received a larger sum in 2018.

Still, Felipe‘s personal fortune and the amount the royal family receives yearly isn’t as much as some other royal families.

Find out where the Royal Families of the World get their fortunes.