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“The Duchy's investment in Bright House is through a third party and equates to £3,208 - just 0.0006% of the Duchy’s value.“The Queen voluntarily pays tax on any income She receives from the Duchy.” A vast number of leaked financial documents, dubbed the "Paradise Papers" also allegedly show links between Russia and US President Donald Trump's administration.

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The revelation has come out after a vast leak of financial documents, dubbed the "Paradise Papers".

Bono’s spokeswoman told the Guardian: “Bono was a passive, minority investor in Nude Estates Malta Ltd, a company that was legally registered in Malta until it was voluntarily wound up in 2015.

"Malta is a well-established holding company jurisdiction within the EU.” She added that he was also a passive, minority investor in the Guernsey company linked to the Ausra Mall.

U2 frontman Bono used low-tax Malta to buy a share in a Lithuanian shopping centre, according to the explosive "Paradise Papers" leak.

The mega-wealthy Irish rock star, real name Paul Hewson, invested in the Maltese company Nude Estates to buy a stake in the Ausra Mall in the town of Utena.

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