Thursday, January 21, 2010

Spanish Millionaire leaves fortune to the Crown Princerly couple.

We all could say that Crown Prince Felipe and Crown Princess Letizia of Spain are very fortunate. Not only because they are royals and because they love their work and family, but also that they are quite wealthy. Now that wealth might get even greater as Spanish tycoon, Juan Ignaco Balada Llabres, who died last year, left his fortune which is valued in almost 30 million euros to the heirs of the Spanish throne. The Royal household informed that Felipe and Letizia never had contact with the deceased.

According to some sources , Juan Ignaco's testament says his estate has to be divided into 2 parts, 50 percent going to the King and Queen's eight grand children and Prince Felipe and Princess Letizia, while the rest is going to a new foundation with social aims that yet has to be created. According to the will, Prince Felipe will become the chairman of the new foundation.

Earlier this week a spokesperson of the court said that still without knowing all the details of the Mr. Balada's inheritance, for whose generosity the prince and princess are great full, the couple have decided to use the part that will benefit them for causes of general and social interest. The royal household is still studying if they should accept the inheritance or not.

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