Don’t know whether to laugh or cry

Facts: The court’s shareholding

The royal family has divided its shareholdings into two equal-sized portfolios. One, Gluonen, is worth SEK 52 million and is owned by Crown Princess Victoria, Prince Carl Philip and Princess Madeleine with 32 percent each. Queen Silvia and King Carl XVI Gustaf own the last 4 percent.

The other, Gallierafonden, is also worth SEK 52 million and is a family foundation.

Source: Today’s industry

The whole week draws attention to the fact that King Carl Gustaf is the Swedish regent who has been in office the longest: 50 years.

This is happening at the same time as Sweden is facing difficult economic challenges, with high inflationary pressure, rising interest rates and a historically weak krone exchange rate.

Now the king tells how the financial turmoil affects him himself.

“But we survive”

– Just this morning, in fact, we went through my personal finances and you didn’t know whether to laugh or cry. We all know how things go on the stock market, and the outcome was probably like that. But we survive, he says in an interview with Di Weekend.

The king also states that he does not have a particularly large share interest.

The interview with the king touches on several topics – including how Sweden as a country has changed during his five decades on the throne, from a homogenous to a multicultural country.

Show respect

When asked how the king views the development towards a more polarized society, where certain groups are singled out as un-Swedish, he replies that it is important to accept each other.

— You must have understanding and respect for different religions, expressions and traditions, such as many new Swedes have brought with them. I think that is important. Then you can always have discussions, that’s one thing, but you have to have respect.

The king adds that he does not want to enter into the discussion about the Koran burnings, because he considers it so infected, but emphasizes again:

— As I said, showing respect for each other is most important.

nh2-general