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They still have power. The king has regular meeting with the prime minister and they own an awful amount of property which also translates to power
That's less of a "monarchy" power, more of a "rich people can bribe politicians" power
Not wrong but they are rich because they are part of the monarchy and they are very rich. And the meeting between king and Prime Minister is a scheduled thing in the UK
Influencing their subjects (especially other aristocrats) through their economic power was always important for monarchs, though. The medieval period had lots of weak kings who had substantial trouble bringing the aristocrats under them in line, a lot of the time they weren't even able to collect taxes at the kingdom-level (you kind of need a money-based economy for that, and civil servants were in very short supply in the middleages).
Which king?
Willem-Alexander Claus George Ferdinand, koning der Nederlanden, Prins van Oranje-Nassau, jonkheer van Amsberg for instance does.
I was talking about the UK but pretty sure it exists in other countries in a similar fashion
Yes, of Angmar