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[INTERNATIONAL] · Netherlands, Indonesia · 4 sources

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Dutch royal family profited 576 million euros from colonialism

A large-scale historical investigation commissioned by King Willem-Alexander has revealed that the Dutch House of Orange-Nassau profited by approximately 576 million euros from colonialism over a 425-year period.

The vast majority of these funds, totaling 566 million euros, were generated in the former Dutch East Indies (modern-day Indonesia). These profits were primarily realized during the 19th century through companies such as the Nederlandsche Handel-Maatschappij and the Billiton company, which were founded by King William I and Prince Hendrik for tin and ore mining.

Researchers noted that the royal family earned almost nothing directly from the trans-Atlantic slave trade or Caribbean plantation slavery, largely because royal investments in the West India Company (WIC) were financially unsuccessful. However, the report states the monarchy was involved in colonialism “with conviction and without reservation.”

King Willem-Alexander described the findings as “unvarnished and deeply confronting.” Despite the report, Prime Minister Rob Jetten stated that the investigation would not lead to financial reparations, noting that the government has already allocated 200 million euros toward addressing the legacy of slavery.

Entities

Dutch East Indies · Gert Oostindie · House of Orange-Nassau · Rob Jetten · Willem-Alexander