In March the Spanish royal family released a statement revealing the king would not take his inheritance. The statement stated the royal would be renouncing “any asset, investment or financial structure whose origin, characteristics or purpose may not be in accordance with the legality or with the criteria of rectitude and integrity that shape his institutional and private activity.”
In 2015 the Felipe cut the amount by 20 percent to around £216,000 a year.
King Felipe VI is married to Queen Letizia, who stepped out wearing a red dress in the country yesterday.
The 47-year-old was joined by her husband on the day trip and the couple also had their two children in two, Leonor, Princess of Asturias, 14, and Infanta Sofía of Spain, 13.
The gown is the ‘Textured Midi Dress With Belt’ from Spanish designer Adolfo Dominguez.
Queen Letizia supported Infanta Sofia who was seen walking with a crutch.
The young royal’s knee was bandaged, prompting royal fans’ questions over how she got injured.
Someone else claimed that”she hurt it somehow and had 5 stitches. That is all I can find out.”
The family are currently staying at the Marivent Palace in Mallorca.