According to official reports, King Felipe’s salary is higher than Queen Letizia’s.
This difference in salary is due to the fact that the King is the main figure in the monarchy and has additional responsibilities.
In addition to his ceremonial duties, the King plays an important role in representing and promoting Spain nationally and internationally.
While Queen Letizia also performs important duties in her role as royal consort, her salary is lower than that of the king due to the different responsibilities and hierarchy within the monarchy.
Although both members of the royal couple are important figures in public life, the King has a more prominent role.
How much is King Felipe’s salary?
The Royal Household has published the accounts for 2022 and the balance is positive.
The royal family has saved 273,643 euros, bringing the account balance from 5.8 million in 2021 to 6.05 million. Each budget surplus is credited to the personal income of the royals.
The Royal Household received at least 8.43 million euros from public funds in 2022, the same amount as in 2021.
This money is used for its financing and the King can manage it as he sees fit, as established by the Constitution.
The members of the royal family received 517,854 euros, of which 258,927 went to Felipe VI, Queen Letizia received 142,402 euros and Queen Sofia received slightly less, 116,525 euros.
Former King Juan Carlos has not received an allowance for several years, since his son decided to withdraw it in 2020 as a result of his financial scandals.
Princess Leonor and Infanta Sofia, being minors, do not yet receive any specific remuneration.
It is important to note that the salaries of the members of the Royal Family are financed by the state budget and are subject to public scrutiny.
