interestrateripoff Posted November 8, 2013 Share Posted November 8, 2013 http://www.independent.co.uk/news/world/europe/1m-a-year-belgiums-former-king-albert-struggles-to-cope-with-new-pay-8927489.html Most of us would be quite content with nearly €1million coming in each year. It appears, however, that such a princely sum is not enough for the former Belgian king, who is reported to be so irked by his post-abdication pay cut that he is seeking solace by travelling between his three holiday homes.Albert II handed the throne to his son Philippe in July after a tumultuous year in which a British-educated artist took him to court to try and prove he was her father, and his sister-in-law outraged the nation with a plan to shield some her fortune from inheritance tax. It was the latter scandal that prompted parliament to slash royal stipends and demand the family pay taxes, leading to Albert's current plight. A report in Le Soir newspaper has cited sources close to the palace who said that his €923,000 annual allowance was not enough to cover the expenses of a lifestyle he became accustomed to on the €11.5m annual salary he received as King. So incensed is Albert, the report in Le Soir said, that he is now spending most of his time at his apartment in Rome or his two holiday homes in France: a pile in the Riviera town of Châteauneuf de Grasse and a home on the prestigious Île Saint-Louis in Pairs. "He says that he has not been treated as he had hoped," one unnamed official was quoted as saying. The elites have a greater sense of entitlement to everyone else. How terrible it must be to only have 3 holiday homes to pick from, one really doesn't how someone like this can function. I await the Wail version where we can find out just how much each property is worth so we can really pity him. Quote Link to comment Share on other sites More sharing options...
billybong Posted November 8, 2013 Share Posted November 8, 2013 (edited) He could even buy another one in the UK with Help to Buy. He probably already has. He must be worried sick about the heating costs with only €1m per year. Edited November 8, 2013 by billybong Quote Link to comment Share on other sites More sharing options...
Billy soy Posted November 8, 2013 Share Posted November 8, 2013 How old is he? King of the boomers? Quote Link to comment Share on other sites More sharing options...
juvenal Posted November 8, 2013 Share Posted November 8, 2013 He could even buy another one in the UK with Help to Buy. He probably already has. He must be worried sick about the heating costs with only €1m per year. I think I saw him in Poundstretchers.. Quote Link to comment Share on other sites More sharing options...
darwin Posted November 8, 2013 Share Posted November 8, 2013 Rich people's problems. No one cares. Quote Link to comment Share on other sites More sharing options...
Squeeky Posted November 8, 2013 Share Posted November 8, 2013 I am assuming the guy wasn't a saver and is use to spending his entire allowance/income - after all it isn't a job you normally get fired from... Having to make 1 months salary spread across the entire year is going to hurt if your lifestyle matches your income, it really doesn't matter how much you earn. Quote Link to comment Share on other sites More sharing options...
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