Hot News: The Secret Behind the Royal Family’s Income – Are They Really as Wealthy as They Appear? Shocking Truths Begin to Surface /dn

The late Queen of England may not have been as rich as many people think.

British royals aren’t billionaires, say financial experts. The Queen has the largest fortune, but it may not be as much as many people think, according to Insider.

Queen Elizabeth II, who ascended the throne 70 years ago and died at the age of 96 on September 8 (local time), had a net worth of £340 million ( $442.92 million ), The Sunday Times estimated in 2016.

That’s more than any other member of the royal family, including the Duke and Duchess of Sussex — who have a combined fortune of $30 million , according to Insider.

After the Queen’s death, Prince Charles became King Charles III and replaced his mother as ruler and owner of the Crown Estate – a fortune of mansions and lands scattered across the United Kingdom.

Queen Elizabeth II in Scotland in 2015. She is the longest-reigning monarch of the United Kingdom. Photo: Chris Jackson/Getty.

Queen Elizabeth II, UK 1

 

Queen Elizabeth II, UK 1

Queen Elizabeth II in Scotland in 2015. She is the longest-reigning monarch of the United Kingdom. Photo: Chris Jackson/Getty.

Every year, the royal family receives an amount of money called the Sovereign Grant, which comes from taxpayer funds, according to the BBC .

The basic arrangement is that the royal family is subsidized in exchange for all profits from the Crown Estate being returned to the government. Each year, the ruler is given a sum of money equivalent to 25% of the Crown Estate’s profits.

The Wall Street Journal reported that the sum totaled £82.2 million ( $107.1 million ) in 2019.

According to the royal family’s financial statements, the Sovereign Grant covers the upkeep of the property and utilities, travel for members of the family, and salaries for royal servants. However, The Telegraph notes that this does not include the costs of security and royal ceremonies, as that money comes from a number of other sources.

The ruler’s personal income was called the Privy Purse.

The money comes from the Duchy of Lancaster, or the portfolio of land and other assets that have belonged to the royal family for hundreds of years. It includes £548.6 million ( $715 million ) in net assets (including 40,000 acres of land) and is made up of residential, commercial and agricultural properties, according to The Wall Street Journal.

In 2019, the Duchy of Lancaster brought in £20.7 million ( $27 million ). This money helps pay for expenses not covered by the Sovereign Grant. Specifically, it is used to cover the expenses incurred by members of the royal family.

The Savoy Hotel in London sits on land controlled by the Duchy of Lancaster. Photo: Michaelpuche/Shutterstock.

Queen Elizabeth II, 2nd generation

Queen Elizabeth II, 2nd generation

The Savoy Hotel in London sits on land controlled by the Duchy of Lancaster. Photo: Michaelpuche/Shutterstock.

The late Queen of England had many valuable assets that added to her net worth.

Queen Elizabeth II owns Balmoral Castle and Sandringham Estates – a massive art collection and other valuable assets passed down from previous monarchs, according to The Wall Street Journal.

The late Queen’s total assets are unknown, making it difficult to estimate her total net worth. One royal finance expert said the royals are “millionaires, not billionaires.”

Lâu đài Balmoral thuộc sở hữu của cố Nữ hoàng Anh. Ảnh: Andrew Milligan/WPA Pool/Getty.

Queen Elizabeth II, 3rd generation

 

Queen Elizabeth II, 3rd generation

Balmoral Castle, owned by the late Queen. Photo: Andrew Milligan/WPA Pool/Getty.

Related Posts

In a stunning break from tradition, Prince William has removed royal titles from Camilla’s family — a move insiders say has left the Queen raging in private. Is this the beginning of a quiet power shift within the monarchy? And what does it mean for Charles’s legacy? The drama is far from over.

“The Quiet Revolution: How Prince William Dismantled Camilla’s Royal Ambitions—One Title at a Time” It didn’t happen with shouting or scandal. There were no public declarations, no…

Princess Anne just made the boldest move yet—silently stripping Meghan of her royal title. Was it jealousy… or justice? Dive into the quiet power play shaking Buckingham Palace to its core.

“The Day the Silence Broke: Why Princess Anne Took Meghan Markle’s Title Away” For months, the world asked the same quiet question: would the royal family respond?…

Lewis Hamilton made a move at the British Grand Prix so risky, so technically outrageous, that Martin Brundle called it “impossible”. But the biggest surprise wasn’t Brundle’s reaction – it was Ferrari’s. In a rare moment of agreement, even they admitted Hamilton was attempting something no one else would dare to try.

Lewis Hamilton had a clear shot at a dream pole position at the British Grand Prix, but he ended up fifth on the grid. Max Verstappen surprisingly…

In a candid interview, Oscar Piastri admits he admires Lando Norris’ good nature—but warns it might not be suited for the brutal politics of Formula 1. As drivers battle for contracts, wins, and legacy, can kindness survive in a system built on pressure and ruthless ambition?

Oscar Piastri and Lando Norris could find themselves in a direct head-to-head for their first F1 championship. It looks increasingly unlikely that any of McLaren’s rivals will…

In a stunning post-qualifying interview, Helmut Marko unleashes a scathing attack on Ferrari’s race strategy, accusing them of reckless decisions that will backfire. He also predicts that Lewis Hamilton, despite his experience, is heading into one of his toughest races yet – and Ferrari only have themselves to blame. Full story in comment👇

Another Cruel Illusion for Ferrari at Silverstone? Why Tire Wear Could Shatter Their British GP Dreams The British Grand Prix at Silverstone is always one of the…

Christian Horner is standing his ground inside Red Bull, refusing to surrender a key area of control — even as rumours grow louder that Max Verstappen and his inner circle are demanding sweeping changes. Behind the scenes, a power struggle is quietly tearing at the very heart of the team.

Max Verstappen might have an ulterior motive in his negotiations with Mercedes. After all, it would be a risky time to change teams. Verstappen himself has said…