LONDON — Newly leaked papers reveal that Queen Elizabeth II has invested some of her private money in offshore tax havens. According to documents obtained by the International Consortium of Journalists, the queen’s investment managers placed roughly $16 million in offshore portfolios in the Cayman Islands and Bermuda. The investments were made by the Duchy of Lancaster, which handles the queen’s finances. There is no suggestion the investments are illegal. The queen has vast financial assets, including real estate, works of art and jewelry.

Source: National Post November 05, 2017 21:35 UTC