The Swedish monarchy is one of those oddities that still prevails today. Not only to maintain the figure of the head of state in the King, but also because the same king does not have all the power in the country’s politics. They are what we call, representative figures, who, however, continue to make millions for Sweden.

Media attention is especially focused on the successor generation. We are talking about Crown Princess Victoria of Sweden and her sisters, charles philip you cupcakes. They have all formed their own families, revealing a new generation of royalty which we will comment on further one day, meanwhile, we highlight the story of the three sons of the royal family. Carl XVI Gustaf and Silvia from Sweden.

Not being a monarchy that meddles in state affairs beyond institutional matters, the King and their children have more freedom to maneuver in other areas. In particular, we are talking about investment issues, according to the media disclosewhere they revealed that the heir and his brother pocketed €2.6 million recently thanks to the company they co-owned. This is about gluoneen societywhich they formed in 1989 and between them, between the three of them, they maintain 96% sharewhile the remaining percentage belongs to their parents.

The trick of the princes to avoid trouble is that they don’t manage the company in any way, they just appear as investors, while the management is currently in charge of Jan Lindmanwho works for the Royal House of Sweden as finance director and at the same time as general director of Gluonen.

The Swedish royal family, although they do not make political decisions, have a fundamental role as host or representative of their country. Thus, they are not prohibited from doing business, but are advised not to be directly involved in the business of a company. Gluonene is valued at €8.88 million thanks to his investment in other Swedish companies whose names were not disclosed, but are rumored to be Lundbergs, Getinge, Nordea or Investors.

The case most discussed by the Swedish press at that time was about Chris O’Neill, husband of Princess Madeleine. An entrepreneur long ago, he decided to give up any royal titles to keep his business. First his headquarters were in New York, where he met the youngest daughter of the Kings, but this had to change due to criticism of Magdalene who continued to receive money from the State even though her representative activities had declined considerably. After this they moved to England and maintained closer contact with Sweden, but ultimately proved untenable for O’Neill’s life as a businessman and they eventually moved to Florida.

Because of the couple’s three children, Leonore, Nicholas and Adrienne, they grew up far from Sweden, the press is also not kind to the royal family. Finally, in 2019 the king bypassed common sense and reduced the hard core of the family, determining that only the closest and active members would receive money from the State: the Kings, the crown prince and their children, as well as the prince carlos philip with his wife Princess Sofia, and daughter magdalene. The King’s other grandchildren will enter the background. A very common decision in the current monarchy to avoid criticism. @the whole world