Juan Carlos I sold the undeclared gifts with which he was entertained: 400 watches, Rolls or a Maserati

The book King Corp (Editorial Libros del KO) is dedicated to revealing the economic empire of Juan Carlos de Bourbon. Signed by journalists Javier del Olmo and David Fernandezthe work is the result of an investigation into the opaque fortune of the former monarch and the circuit covered by finances and the dark patrimony of the Emeritus.

The chapter dedicated to Alejandra de Rojas, the supposed secret daughter of the king raised a media earthquake, to which was added the unusual statement of the gift himself Juan Carlos, denying that the daughter of the counts of Montarco was his or even that he had a sentimental relationship with “Doña Rosario Palacios”, as he refers to in the note to Charo Palacios.

This part of the book overshadowed the content of the rest of the work and apparently distanced the authors. One of them was against having advanced the king’s secret paternity, to preserve all the compelling information from King Corp, while the other considered that advancing the subject of the alleged secret daughter burned the rest of the content, of which indeed, hardly any mention has been made despite the relevance of what is said. The outrages of the former head of state, practiced with total impunity for decades, are astonishing despite everything that has been known since he abdicated nine years ago in his son’s Philip of Bourbon.

400 watches from the most luxurious and exclusive brands

In chapter 18, the authors of the investigation reveal that one of the lesser-known hobbies of the former King of Spain was watches of the most luxurious and exclusive brands. His collection was carefully stored in a closed room in the Zarzuela palace, at a constant temperature and where not a speck of dust entered. The king gathered in it more than 400 pieces perfectly arranged in special boxes, with rotating devices that simulated the movement of the wrist.

Most of this extraordinary collection came from sheikh gifts and leaders of the countries of the Persian Gulf that both the king and on occasions Doña Sofía brought back from their trips to those countries. Other of these luxury watch pieces came from gifts from Spanish businessmen. In a UDEF registry, in the house and offices of the Feeling by JOsé Maria Ruiz Mateos Lists appeared of personalities to whom the businessman from Cádiz, who died in 2015, gave sumptuous gifts, presumably, to obtain a favor. Three of these lists include Queen Sofía and her daughters. infanta elena and the Infanta Cristina.

However, despite the fact that, due to their high value, the watches donated to the monarch had to be declared and inventoried as state gifts, they have never appeared in the official documents of the National Heritage. They were never declared. They have never officially existed.

The King of Spain, according to King Corp, he accepted perks from magnates and financiers in exchange for favors. Juan Carlos I It was also allowed to sell them when it needed liquidity and it did so through Aldao, owned by her friends the García-Lubén family, her trusted jewelry store for decades and where she also bought the jewelry she gave to her lover Corinna Larsen.

The jewelers took from Zarzuela the models that the king wanted to sell and the money from the sale went to the account of Don Juan Carlos in the jewelry store on Madrid’s Gran Vía. With the money from that fund, the monarch made gifts, such as emeralds of 250,000 euros that he gave to Corinna, or withdrew liquidity to pay for his trips, restaurants and other luxury purchases, thus avoiding using his official allowance. The journalists Del Olmo and David Fernández assure that the king He even went so far as to sell inventoried goods that were not his but Patrimony’s.

In addition to luxury watches and other goods, the former monarch traded in other high-value gifts that had been given to him. Like the luxury car, a gift from the new king of Saudi Arabia, Abdullah Bin Abdulaziz, and Hummer yellow, H2 model, off-road, valued at more than 100,000 euros, which two years later he sold for 80,000 euros to his friend and hunting companion, the businessman Arturo Fernandez, President of the CEIM until the Cantoblanco Group had financial problems. In the 1980s, he also sold Fernández a Maserati valued at 150.000 euros, gift from an Arab sheikh. Arturo Fernández himself acknowledges in the book that he paid 100,000 euros for the car and that he still keeps it among the copies in his collection.

In 2008, Juan Carlos I was the owner of a Rolls Royce model Phantom Drophead Coupé, a convertible sports car, among the most expensive in the world, whose origin would be in a significant Saudi economic donation, never officially declared. Two years later, the businessman Juan Miguel Villar Mirpresident of the OHL construction company, bought that automotive jewel, but what he paid for it is unknown.

The secret finances of Juan Carlos I continue to amaze, as well as the former monarch’s ability to market the perks received in exchange for favors.