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U2 star Bono, members of Donald Trump's cabinet and some of the world's biggest firms including Facebook are also named.The cache of documents reveals Trump's Commerce Secretary Wilbur Ross has significant business ties to a President Vladimir Putin's son-in-law, while Russia funded Facebook and Twitter investments through an associate of Jared Kushner, the US President's son-in-law and advisor.

Royal officials insisted last night they were 'not aware of any tax advantages' and the Queen had no direct involvement.

It belongs to the Queen only in her public role as sovereign.

The Queen voluntarily pays tax on any income she receives from the Duchy.

He added: 'The money has been invested by the Duchy of Lancaster – not her – and the money doesn’t go in her pocket’ and would be used for the upkeep of palaces and pensions for retired staff.

Mr Arbiter said her tax affairs being front page wouldn't be ‘uncomfortable’ for the Queen because ‘anyone with an ounce of financial nous knows profits coming into the UK from offshore is taxed at the full whack’.

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