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From the outside, royal life has always given the impression of infinite wealth: palaces, jewels, and ceremonies that seem untouched by the passage of time. But behind the pomp and splendor, wealth has never been guaranteed—not even for those born with a crown. Wars, bad investments, political upheavals, and simply spending without restraint have quietly drained fortunes that once seemed inexhaustible. At the same time, other royal families have adapted, modernized, and protected their wealth so as to remain firmly in the black. The contrast is sharper than most people realize, with some dynasties clinging to their prestige while others quietly fall into poverty. Here are ten royal families that have lost their fortunes, and ten that have managed to preserve them.

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