royal families

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Belgium's King Albert Abdicates

Son Philippe takes oath in fractious nation

(Newser) - Belgium's King Albert abdicated today after a 20-year reign, as his son, Philippe, took over as this fractured nation's seventh king later in the day. The 79-year-old Albert signed away his rights as the kingdom's largely ceremonial ruler in the presence of Prime Minister Elio Di Rupo,... More »

Horrors: Belgian Royals Must Now Pay Taxes

Their allowances also are cut, except for the reigning king

(Newser) - Belgium is taking after the monarchies of Britain and the Netherlands and trimming the royal purse strings. Reigning King Albert II is exempt, but other royals are going to pay income taxes for the first time and get smaller allowances, reports Reuters . For instance, in the case of Queen Fabiola—... More »

Marie de Medici Diamond Fetches Dazzling $9.7M

Pear-shaped jewel worn at 1610 French coronation

(Newser) - The diamond Marie de Medici wore when she was crowned queen of France in 1610 has been sold at auction in Geneva for an eye-popping $9.7 million. The 35-carat pear-shaped "Beau Sancy" diamond has been passed down by royal families through the centuries. The buyer is anonymous, reports... More »

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