Royal houses just switched into multi-billion corporations, which are also in most, if not all, cases held by few, exorbitantly rich families. So royal houses didn't really switch into anything.

You can't change my mind.

(Oh, and the "monarchy was akshully gud" LARPers - get fucked, under true old-school monarchy you'll most likely be a fucking serf like 90%+ of the any nation lol)