Denmark’s King Frederik, Queen Mary’s impressive ‘earnings’ revealed — and they’re set for a huge pay raise

Nika Shakhnazarova
·3 min read
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Denmark's King Frederik, Queen Mary's impressive 'earnings' revealed — and they're set for a huge pay rise
Denmark's King Frederik, Queen Mary's impressive 'earnings' revealed -- and they're set for a huge pay rise
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King Frederik and Queen Mary of Denmark cashed in nearly a whopping $2 million for simply fulfilling their royal duties last year.

An official finance report published by the Danish Palace Tuesday shows that the majority of the couple’s income — paid for by the state — covered their housing and staff costs.

It also covered other “dependent” members of the Danish royal family.

King Frederik and Queen Mary of Denmark cashed in nearly a whopping $2 million for simply fulfilling their royal duties last year. PPE/SIPA/Shutterstock
King Frederik and Queen Mary of Denmark cashed in nearly a whopping $2 million for simply fulfilling their royal duties last year. PPE/SIPA/Shutterstock

Of the nearly $2 million they raked in, $323,000 was set aside as a “grant” for Mary, who was the Crown Princess at the time ahead of Queen Margrethe II’s abrupt abdication in January.

This left them with just under $415,000 to spend on leisure travel, shopping, and personal expenses.

Margrethe, who stripped her youngest son’s family of their royal titles before her abdication, received an eye-watering sum of $8.4 million, with a private allowance of $5.7 million, in 2023.

Frederik and Mary will be looking to cash in even more this year.

The pair are also owners of a luxury ski lodge in Switzerland, which they list on AirBnB for up to $20,000 per week.

The Danish royal family’s appanage system is set to be challenged by the government, which hopes to overhaul the current arrangement, according to local outlet DR News.

The majority of the couple’s income — paid for by the state — covered their housing and staff costs. MEGA
The majority of the couple’s income — paid for by the state — covered their housing and staff costs. MEGA

This means that the royal family’s finances will be more transparent to the public, and will indicate the exact amount the royal household is given, as well as how they choose to divvy up the sum.

Unlike the British royals, the Danish royal family does not need to pay taxes.

Frederik and Mary ascended to the throne after Queen Margrethe — third cousin of the late Queen Elizabeth II — revealed in her New Year’s speech on Dec. 31 that she would be stepping down on Jan. 14.

Of the nearly $2 million they raked in, $323,000 was set aside as a “grant” for Mary. Getty Images
Of the nearly $2 million they raked in, $323,000 was set aside as a “grant” for Mary. Getty Images

While royal experts believe that Margrethe’s decision to abdicate early was to make way for a younger ruler, others have wondered if the announcement was a way to preserve the prince’s relationship with his wife, Crown Princess Mary, amid affair rumors.

Frederik, 55, was speculated to have been unfaithful to the Australian-born marketing consultant, 51, with socialite Genoveva Casanova after photos emerged of them together during a trip to Madrid in November.

However, he has vehemently denied the claims.

Queen Margrethe announced her abdication in a New Year’s address. AP
Queen Margrethe announced her abdication in a New Year’s address. AP

Just days after taking over the reins from his mother, Frederik released a surprise royal book in which he details his marriage to Mary.

In the new book, titled “The King’s Word,” Frederik seemingly referenced recent affair allegations about his marriage, saying he’s happy that he and Mary “managed to stay together.”