Another huge thank you to my amazing editor Tex who did a fantastic job with this once again and is a tremendous help!
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Dante and Lily had been living in Hohenzollern Castle for two weeks, settling in and finding their places as Alpha King and Alpha Queen of their Pack. It had been a busy time as they settled into their roles and began getting to know their Pack and the day-to-day operations of running it. Now that they were doing such things on their own, they gained a far better appreciation of how much work their Alphas Odin and Victoria, their Mother and Father, always had to do for the O'Connor Pack.
Helpfully for them both, the Pack had been running on its own, that is without any Alphas, for a Millennium so there was room to allow them a learning curve as they stepped in and began overseeing things, so long as they didn't get too bossy or try to micromanage, neither of which tendencies were in their natures. Early on, they began meeting with the Senior Pack members who'd kept things running in their absence.
They first met with Wilhelm Thoreau, their Head of Finance, to start getting a handle on the Pack wealth, which for all practical purposes was an addition to their own personal wealth, although their own money hadn't been covering the expenses of a Castle and a Pack of 600 wolves. They they were far from being in trouble, since Dante and Lily had significant funds in their own fortune totaling about $100 Million, most of it from Lily and her inheritance, but also from the money Dante had saved over the years from living frugally (minimal compared to everything else), from his security service Triple S, and from the generous stipends they'd received when they'd been the Alpha Heirs of their original O'Connor Pack.
Triple S was still running and even doing a good business, but due to his Royal duties and preparing for the upcoming War, Dante had had to leave it controlled by some of his prior Pack members who were running it now, and who periodically checked in with Dante and forwarded him a portion of their profits.
There was no longer any point in keeping their own financial resources separate from their Pack's since they had ultimate control over both pools anyway, so Wilhelm had accommodatingly merged them before reporting back. But when he did report back with a Balance Sheet for the combined total, Lily and Dante nearly collapsed in shock.
"As you know, your Majesties..." he began.
"If you please Wilhelm," Lily interrupted him, "in private we prefer to be informal. Just call us just Dante and Lily, if you'd be so kind."
"Thank you, your... Lily. I shall do so." he replied. "So to proceed. As you know, your Pack, the Order of Fenrir, has been rebuilding its wealth ever since the tragedy when the Royal Bloodline was betrayed and killed off. Financially we have done modestly well, and a thousand years is a long time. So as of today, in addition to the hundred million we're now counting as belonging to your Pack, you two have direct control over funds that in U.S. Dollars is right around three billion dollars. That's billion with a 'B'."
The fledgling Royals both gasped in amazement.
"So much!" Dante said. "Although as you say, a thousand years is a long time. Although between interest, investments and growth I can see how such a vast fortune could have been amassed, but it's still mind boggling."
"That's so wonderful!" Lily added. "So what you're saying really, is that going forward money will never be a problem for us; that our children and descendants will always be well taken care of."
Dante pointed out, "While it's a staggering amount Lily, it's not unlimited. Don't forget we have a Castle to run and a Pack to support. And of course there's the War, and wars are expensive."
"Lily and Dante, you misunderstand me," interjected Wilhelm. "The three billion one hundred million we've mentioned so far is your discretionary fund; it's set aside for your personal use, not for Pack expenses or the War unless you so choose, of course. The entire liquid assets: stocks, bonds and cash, of the Royal Pack are worth a tad over thirty billion American Dollars, not counting your discretionary fund, the worth of the businesses we own on every continent save Antarctica, and real property such as the Castle we're sitting in and various properties in the region our Pack uses for domiciles.
"This too may in theory be spent in manners of your choosing since as our Royalty you report to nobody but yourselves and to our Goddess Luna, but its purpose is to benefit the Pack. And as you point out Dante, there's the War. But our winning the War will most certainly benefit the Pack. But the bottom line is still that with only reasonably adequate management of these funds, the Pack should always be self-sufficient and never have to struggle financially.
"But, as they say, the devil is in the details. I've been managing our investments for the past forty-three years since my predecessor retired, and I like to think I'm pretty good at it. But I welcome your oversight; I would hate for you ever to suspect I might be fiddling the books for my own benefit."
Dante laughed. "Thanks to one of Luna's gifts to me, that will never be an issue, Wilhelm; if you ever did anything dishonest related to the Pack, I'd be able to tell the next time I saw you. So I already know you're as straight an arrow as they come, and Lily and I can trust you with our lives. Perhaps not in battle, that isn't your forte, but with our finances you have our absolute trust. But with that said, we'd still like to know some of the ins and outs. I'm reasonably competent at managing money, and Lily is a genius at it; so we may be able to make the odd helpful suggestion from time to time."
"That sounds excellent; then let's give you two an initial look, shall we? As they say, the devil is in the details."
With that, Wilhelm began pulling out balance sheets, income and expense statements and cash flow statements, explaining, "although we manage the Pack's fortune as if it were a non-profit since there are no shareholders wanting some of the profits, we don't bother with statements of functional expenses; those would only be helpful if we were courting donors, which we aren't."
Dante's eyes were starting to glaze over. "Do you what he's talking about, sweetheart?"
Lily gave him an indulgent smile. "Yes, my love, it's bean counter jargon. Don't worry, it's all good."
As Wilhelm continued his briefing he touched on a number of major points. It took an incredible amount of money each month just to support the Pack. The upkeep and operations of the Castle alone took a large amount of money, as did all the stipends for the 600 Pack members. (Business expenses were huge, but they didn't appear on the financial statements of the Pack, since the businesses were all corporations in their own right, owned by the Pack. And these