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[CULTURE] · Netherlands, Indonesia · 13 sources

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House of Orange-Nassau earned 576 million euros from colonial history

A multi-year historical investigation presented in Leiden reveals that the House of Orange-Nassau earned approximately 576 million euros from Dutch colonial history, when indexed to 2024 values. The majority of these profits, totaling roughly 566 million euros, were derived from the former Dutch East Indies (modern-day Indonesia). Other earnings were linked to the former territories of the West India Company in West Africa and the Americas.

The study, led by historian Gert Oostindie and commissioned by King Willem-Alexander, notes that much of this wealth was generated in the 19th century through the Netherlands Trading Society and the Billiton Company, enterprises founded by King Willem I and Prince Hendrik. While the research found minimal direct profit from the transatlantic slave trade itself, it highlights that the monarchy provided significant political and social support for colonial rule and the suppression of uprisings.

Researchers observed that monarchs including Willem I, II, III, and Wilhelmina showed little to no moral concern regarding slavery or forced labor, often viewing colonial expansion as legitimate. The findings suggest a shift in the royal family's attitude only began under Queen Juliana. King Willem-Alexander has described the findings as 'unvarnished and poignant,' emphasizing a commitment to transparency to align the monarchy with modern social expectations.

Entities

Gert Oostindie · House of Orange-Nassau · King Willem-Alexander · Oostindie · Queen Juliana · Queen Wilhelmina

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