What is Felipe VI’s Net Worth?
Felipe VI of Spain is the current King of Spain, having taken over in 2014 after his father’s abdication. He has a net worth of $3 million. As king, he dissolved the Spanish Parliament in 2016, condemned the Catalonian independence referendum, and increased transparency in royal affairs. He serves as commander-in-chief of the Spanish Armed Forces and represents Spain in international relations.
Felipe VI: Early Life and Education
Felipe VI was born in Madrid in 1968 as the third child and only son of Juan Carlos I and Princess Sofía of Greece and Denmark. He is distantly related to Queen Elizabeth II, King Harald V, and Margrethe II. His father became King of Spain after the death of Francisco Franco in 1975.
Felipe attended Santa María de los Rosales in Spain and Lakefield College School in Ontario, Canada. He later graduated from the Autonomous University of Madrid with a law degree and earned a Master of Science in Foreign Service from Georgetown University in Washington, DC.
Prince Felipe’s Military Training
Prince Felipe was proclaimed Prince of Asturias in 1977, and on his 18th birthday in 1986, he pledged allegiance to the Constitution and the King as the successor to the monarchy. He underwent military training, starting at the General Military Academy in Zaragoza, followed by naval training at the Escuela Naval Militar in Marin. In 1987, he began air force training at the Academia General del Aire in Murcia.
Felipe VI’s Duties as Heir to the Spanish Throne
Felipe VI took on his constitutional duties as heir to the Spanish throne, representing Spain on official visits to Spanish Autonomous Communities and Latin American nations. He also promoted Spain’s economic and cultural interests at world economic and trade events.
King Felipe VI of Spain: A Constitutional Monarch
Upon the abdication of his father in 2014, Felipe ascended to the throne, becoming the new King of Spain. In his role as a constitutional monarch, he is responsible for ensuring that the Constitution is followed; his political powers may otherwise not be exercised unless they are countersigned by a minister.
Felipe dissolved the Spanish Parliament after no party was able to win enough seats in the elections in 2015, calling for new elections in 2016. He oversaw several historic events, including being the first Spanish king to receive LGBTQ organizations at the palace and changing the government protocol so people taking the oath of office no longer had to do so with a Bible or crucifix.
However, Felipe has also faced controversy. In 2017, he strongly condemned the Catalan independence referendum, and in 2020 it was revealed that he was the second beneficiary of the Lucus Foundation, which received a €65 million donation from Saudi Arabian King Abdullah bin Abdulaziz. To increase transparency, Felipe disclosed his personal assets valued at around €2.6 million to the public.
Associations and Foundations
Aside from his role as a royal, Felipe is involved in various associations and foundations, including:
– Presiding over the annual Princess of Asturias Awards given by the Príncipe de Asturias Foundation
– Being a member of the National Society of the Sons of the American Revolution due to his descent from Spanish King Charles III
Romantic Life of Felipe VI
Felipe remained single for a long time before getting married to Letizia Ortiz Rocasolano in 2004. Prior to Letizia, he was romantically linked to Spanish noblewoman Isabel Sartorius and Norwegian underwear model Eva Sannum.
Isabel Sartorius was not viewed favorably by the Spanish royal family due to her mother’s cocaine habit. Felipe got engaged to Letizia in 2003 and they have been together ever since. Letizia became the Queen of Spain when Felipe ascended to the throne a decade later.
Felipe and Letizia have been blessed with two daughters named Leonor and Sofía.
