Comments | wellingtongoose: Mycroft the Enigma Part 2

wellingtongoose

Mycroft the Enigma Part 2 - Holmes Family Fortunes

Dec 08, 2012 16:30

A genuinely brilliant ask from Annoymous that I managed to delete by accident: “How rich do you think Mycroft Holmes is?”

I delve into the Holmes Family background, explore the Holmes ancestral mansion (as seen in ASiB) and a history of the gentry. I speculate as to Mycroft's professional salary and where his wealth comes from.

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character: sherlock holmes, meta: sherlock holmes, fandom: sherlock bbc, character: mycroft holmes, meta: mycroft holmes

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ariadnechan December 9 2012, 00:58:21 UTC

I think Sherlock has an allowance and a trust, but is Mycroft who administer the trust fund for it. So Sherlock don't really want it to use the trust much because Mycroft will be more meddling about for what he needs his trusting... So he only use his allowance... That'a why he has no money to pay for the flat on his own... Because is central london and it isn't a little flat. He could afford his ex flat who was little and not so central on his oen with his allowance ( ... )

wellingtongoose December 9 2012, 01:39:27 UTC

Hi thanks for the comment. I've actually written a whole other part to this essay about Sherlock's financial situation ( ... )

ariadnechan December 9 2012, 13:07:44 UTC

I think Siger Holmes the father is the one who left the administration of the money for investment and such to Mycroft because he knew his youngest son was not into money and he said something like take care of your little brother son he will be lost without you ( ... )

wellingtongoose December 16 2012, 22:42:32 UTC

I think it's a good idea that Sherlock's inheritance is tied up on stocks or bonds but we have no idea how much actual liquid assets there were in the Holmes family for Sherlock to inherit ( ... )

penguineggs January 4 2013, 18:13:11 UTC

Is there any reason to believe that Mycroft owns the whole house? There are a lot of very fine former stately homes and mansions (and former schools, asylums etc which have the same sort of god-awful Gothic gloom) which have been split into multiple dwellings, particularly in the London area and from what we can see and, in particular, the one living room this could well be Mycroft's residence, which would not require there to be a huge income. I agree Mycroft must have some private income (though I think you're overestimating the tax impact on Mycroft's salary especially if he's made prudent use of ISAs and so forth

wellingtongoose January 4 2013, 19:12:57 UTC

Hi ( ... )

penguineggs January 6 2013, 19:10:28 UTC

To be honest, what Mycroft's house looks like is Puginesque Gothic and if it's earlier than about 1850 I'll be very surprised. A hospital, workhouse or failed public school would all display the features of window and ceiling detailing we can see in the show. Therefore, there's a much wider range of architecture to draw on than the real thing ( ... )

wellingtongoose January 6 2013, 20:01:59 UTC

I would have thought hospitals and workhouses would be less ostentatiously decorated but then Mycroft/developers could have completely refurbished the building to make it look like sumptuous. I don't think we actually see enough of the architecture to say whether it is definitely Victorian Gothic or Tudor or earlier ( ... )

penguineggs January 6 2013, 20:48:14 UTC

Actually, if you can invest between £7000-£10000 tax free in any given year (that is, if you invest the amount you would otherwise be paying on a mortgage) and it gets bumped up to £10000-£12000 because of the tax credit, and the ROI is 20% (which is good but certainly achievable) it turns into a very respectable nest-egg over Mycroft's career to date (all of this is assuming that he doesn't have any other investment income, on which the jury is out ( ... )

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