The Luxembourg Grand Ducal Court has denied recent media reports claiming Grand Duke Henri’s personal wealth amounts to approximately €4 billion. In a statement issued on Monday, the court clarified that the figure likely resulted from a conflation between private family assets and state-owned historical property.
The court thus emphasised that many of the properties associated with the Grand Duke are state-owned, including the Grand Ducal Palace in Luxembourg City and Berg Castle in Colmar-Berg, which serve as the official workplace and residence of the Grand Duke. In contrast, Fischbach Castle, currently home to Hereditary Grand Duke Guillaume and his family, is privately owned by the Grand Ducal family.
Following the scheduled succession in October, Grand Duke Henri and Grand Duchess Maria Teresa are expected to relocate to Fischbach Castle. Despite being owned by the family, the estate’s maintenance is covered by the state.
The 2024 state budget allocated approximately €820,000 for the “endowment to the Grand Ducal Family” under the Maison du Grand-Duc. The total budget for the institution, however, exceeds €22 million.
Efforts to determine the full extent of the Grand Ducal family’s assets remain ongoing, as a comprehensive inventory distinguishing state-owned and privately owned items has not yet been completed. This includes artwork and other items.
It has also been confirmed that the Hereditary Grand Duke is funding the construction of a new residence on the grounds of Berg Castle. But, whether the project is financed through personal means or a loan has not been disclosed.
