King Charles' wealth jumped $12 million since last year.
Britain's King Charles III has officially surpassed the net worth of his late mother, Queen Elizabeth, according to The Sunday Times Rich List 2024. The 74-year-old monarch's personal wealth has climbed to $770 million, making him the 258th wealthiest person in the United Kingdom. His mother, Queen Elizabeth's wealth was determined to be $468 million prior to her death in September 2022, as per the Times Rich List of that year. Notably, King Charles' wealth jumped $12 million since last year.
According to the Times, King Charles' estates, Sandringham House and Balmoral Castle, are his most valuable assets. A former aide to the monarch told the outlet that King Charles rebuilt his wealth after his late ex-wife Princess Diana received $22.5 million in their 1996 divorce settlement. The aide said that the monarch augmented his wealth after that time by saving profits from the Duchy of Cornwall, a $1.4 million estate that includes 13,000 acres of land, 260 farm investment
"He became prudent at tucking away some money from the Duchy after that wipeout [of capital]," the former aide told the Times. "We're not talking vast sums here - several tens of millions, no more. There have been suggestions that Queen Camilla brought a good deal of money into their relationship, but that's really not correct," the aide added.
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According to the New York Post, King Charles increased the duchy's annual profits by 42.6% to over $31 million between 2011 and 2022. In the 10 years, he reportedly received over $268 million from the duchy.
The Duchy of Cornwall was established by Britain's King Edward III in 1337 and has been passed down to each Duke of Cornwall. After Queen Elizabeth's death, Prince William inherited the duchy.
King Charles also inherited an investment portfolio with an estimated worth of $151 million after his mother's death. In addition to this, King Charles and the royal family also receive a Sovereign Grant every year, which is a payment from the UK government that is used to fund official royal duties.
However, according to the Times, King Charles' total wealth is hard to estimate due to the publicly unknown value of the royal family's jewellery, art collection and gifts received over the centuries.
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King Charles is now richer than his mother. According to the 2024 Sunday Times Rich List, the British monarch's personal wealth stands at $770 million, making him the 258th richest person in the U.K.
What is the net worth of King Charles? ›
King Charles III's net worth has increased by $12.5 million (£10 million) over the past year, bringing his total net worth to approximately $772 million (£610 million) according to the newly-published 2024 Sunday Times Rich List, which ranks the 1,000 wealthiest people or families resident in the U.K. Charles is ranked ...
How much is King Charles worth in 2024? ›
King Charles III has surpassed his late mother, Queen Elizabeth, in personal wealth. According to the 2024 Sunday Times Rich List, the monarch's personal wealth is $770 million.
How much is Queen Elizabeth money worth? ›
Queen Elizabeth and The Firm
Queen Elizabeth II, the British monarchy's longest-reigning ruler, had a personal fortune of $500 million (about £380.7 million) according to an estimate by Forbes.
How much is the King Charles Crown worth? ›
How much is King Charles' crown worth? The nearly two kilograms of gold used to construct the crown is today worth more than £116,000 ($145,000). The collection of stones in the precious metal likely place the value of this crown around £45million ($57 million), according to Readers Digest Asia.
Who is the richest king or queen in the world? ›
Maha Vajiralongkorn, King of Thailand:
Maha Vajiralongkorn, the present King of Thailand, is the richest monarch in the world.
Why is Princess Charlotte so rich? ›
Not only that, she's thought the be the richest child on the planet, other celebrity kids included. The reason comes down to their mother, the Princess of Wales, and her major influence on fashion. Although she's not even in the double digits as far as age goes, Charlotte's net worth contains a lot of zeroes.
How rich is Prince William? ›
The exact net worth of any royal family member is unknown, and estimates from online sources range. CelebrityNetWorth has pegged the net worth of Prince William, next in line to the throne, at $100 million.
What did Princess Anne inherit from her mother? ›
On top of owning items like Aquamarine Pineflower Tiara (made by Cartier for the Queen Mother), the Diamond Festoon Tiara, Princess Andrew's Meander Bandeau (also made out of diamonds), and Empress Marie Feodorovna's Sapphire and Pearl Choker, Princess Anne just inherited her late mother's iconic three-strand pearl ...
Why is Prince George so rich? ›
Prince George is so wealthy because when he was born he inherited 133,000 acres of land over 23 counties in the UK.
Everything is left to the Monarch and they distribute that money. Queen Elizabeth took 2/3 of her Mother's estate and divided between all the grandchildren. Harry received more because William would have his own income as Prince of Wales.
Who did the Queen's mother leave her money to? ›
A full life lived, the beloved Queen Mother left a large chunk of her fortune to be split between her great-grandchildren, including Prince William and Prince Harry—but thanks to some foresight on her part, Harry got significantly more of an inheritance payout than his older brother for one key reason.
How much are Prince William and Kate worth? ›
It's not possible to determine the exact net worth of a royal, but CelebrityNetWorth pegs Kate's current net worth at an estimated $10 million. Her husband's net worth, calculated by the same source, is $100 million—an estimate that doesn't appear to include a private estate reportedly worth more than $1 billion.
How much is Camilla's necklace worth? ›
Queen Camilla's 'Titanic'-esque Necklace Is Reportedly Worth More Than $6 Million.
How rich is Queen Camilla? ›
The website Celebrity Net Worth reports that Camilla's net worth is $5 million. It has not been revealed if the Queen Consort received a divorce settlement from her first husband Andrew Parker-Bowles. The reported income is solely hers apart from the $500 — $600 million owned by the King.
Does Prince William earn a salary? ›
Nowadays one of his main sources of income is via the Duchy of Cornwall, which made profits of $26 million in 2020 and $24 million in 2021. According to Bloomberg, William will now earn $24 million a year from the Duchy of Cornwall.
What is the net worth of Prince George? ›
Prince George's net worth is estimated to be in the region of £2.9 billion ($3.6 billion) according to Reader's Digest, who reported the Wales youngster's worth in 2022.
Who owns Buckingham Palace? ›
The Crown Estate is owned by the Monarch in right of the Crown. So the Queen owns Buckingham Palace and all Crown properties and lands while she is the reigning Queen. After her death, it will pass on to Charles and so on until the Monarchy is no longer in existence.
