Royals lost money to Madoff: Privé

Queen Beatrix and her three sons Willem-Alexander, Constantijn and Friso have lost tens of millions of euros in the investment scam run by Bernard Madoff, gossip magazine Privé claims, citing confidential sources.

Privé says the royals lost between €20m and €100m. The queen’s fortune is estimated at €1bn by business magazine Quote.

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