On the other hand, according to the 2022 Sunday Times Rich List, Queen Elizabeth’s personal wealth was a considerably lower $468 million, before she died at age 96 in September of that year.
Surprisingly, this doesn’t mean that King Charles is the richest man in the UK.
Charles pales in comparison to Hugh Grosvenor, 33, the Duke of Westminster. Per the outlet, Grosvenor’s family’s net worth stands at $12.8 billion.
Ironically, Grosvenor is the godfather of Prince George, 10 – Prince William and Kate Middleton’s oldest child, and Charles’s grandson. He’s also reportedly the godfather of Prince Harry and Meghan Markle’s son, Prince Archie, 5, although the Sussexes have never publicly revealed Archie’s godparents.
“Hugh is one of very few close friends of William and Harry’s who has maintained strong bonds and a line of communication with both,” an unidentified friend of the estranged princes told the Times in 2023.
The outlet lists the Sandringham Estate in Norfolk and Balmoral Castle in Scotland – where Charles sometimes randomly runs into tourists – as the monarch’s most valuable assets.
The farmland around Sandringham is estimated to be worth over $360 million.
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A former aide to King Charles told the outlet that Charles rebuilt his wealth following his $21 million 1996 divorce from Princess Diana by saving profits he received from the Duchy of Cornwall.
“He became prudent at tucking away some money from the Duchy after that wipeout [of capital],” the former aide said.
“We’re not talking vast sums here — several tens of millions, no more. There have been suggestions that Camilla brought a good deal of money into their relationship, but that’s really not correct.”
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The Duchy of Cornwall that the aide referred to is a $1 billion estate that includes land, farms, houses, and it rents commercial properties in London, Milton Keynes and Cornwall.
Charles reportedly increased the duchy’s annual profits by 42.6% to over $31 million between 2011 and 2022. In the 10-year period between 2012 and 2022, he reportedly received over $268 from the duchy.
After Queen Elizabeth’s death in 2022, Prince William inherited the estate from Charles.
However, the true wealth of the British royal family is hard to truly tally, because of the value of their art collection, personal jewelry, gifts and taxpayer funds.
The present holder of the title is Hugh Grosvenor, the 7th Duke, who inherited the dukedom on 9 August 2016 on the death of his father, Gerald. The present duke is a godfather of Prince George of Wales.
https://en.wikipedia.org › wiki › Duke_of_Westminster
, 33, the Duke of Westminster. Per the outlet, Grosvenor's family's net worth stands at $12.8 billion. Ironically, Grosvenor is the godfather of Prince George
Prince George
Prince George of Wales (George Alexander Louis; born 22 July 2013) is a member of the British royal family. He is the eldest child of William, Prince of Wales, and Catherine, Princess of Wales.
https://en.wikipedia.org › wiki › Prince_George_of_Wales
The British royal family has a vast collection of wealth, including real estate and private assets. A large portion of King Charles' wealth comes from the Sovereign Grant. Charles also receives funds from the Duchy of Lancaster, an estate worth over $815 million.
According to The Sunday Times, King Charles' net worth in 2024 is a whopping $772 million. For comparison, before her death in 2022, Queen Elizabeth II's net worth was estimated at a comparatively meager $470 million.
The young prince is likely to miss the wedding of his godfather, the Duke of Westminster, Hugh Grosvenor. 3.6 Crore Indians visited in a single day choosing us as India's undisputed platform for General Election Results.
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.
As for why the Queen left Meghan out of her inheritance, Radar Online's source speculated that it could be due to either “practicality” or Harry and Meghan's drama with the British royal family in the years leading up to the Queen's death.
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. This marks a $12 million increase since the list was released in 2023, per The Sunday Times.
The term “crown jewels” refers to a number of crowns, scepters, orbs, swords, rings, and other regalia worn by a sovereign during various state functions, including the coronation ceremony. Current estimates place the value of the British Crown Jewels between $4 to $6 billion.
In April 2017, Harry opened up about how he practices being a dad with his godchildren – he is also a godfather to his friends' children. "I'm a godfather to quite a few of my friends' [kids]," he said. "Um, actually only five or six."
Hugh Richard Louis Grosvenor, 7th Duke of Westminster, DL (born 29 January 1991), is a British aristocrat and businessman. He inherited his title and control of the Grosvenor Estate, then worth an estimated £9 billion, from his father in 2016. As such, Grosvenor is one of the wealthiest men in Britain.
Grosvenor is one of the richest men in the UK with an estimated net worth of £10.127 billion. While Grosvenor generally prefers to keep a low profile, he is reported to be extremely close to the royal family with the King, Queen and the Prince of Wales all likely to attend his nuptials next month.
While the couple are no longer referred to as His or Her Royal Highness, they still retain their titles as the Duke and duch*ess of Sussex. Harry also maintains his status as a prince and remains fifth in line to the throne in the United Kingdom.
Can Prince Archie of Sussex become king one day? It seems that the chances are not that great for Archie because she is seventh in line to the throne, however, many people love the child. Currently, according to celebrity net-worth websites, they concur that the child's estimated net worth was 10 million dollars.
Harry and Meghan are not referred to as his or Her Royal Highness anymore. However, the couple has kept the title of "Duke and duch*ess of Sussex". Prince Harry is still the fifth in line to the throne of the United Kingdom.
As the newly minted King Charles passes his fortune on to his son, he inherits a similar estate from his late mother, Queen Elizabeth II. The Duchy of Lancaster provides income to the reigning sovereign.
The King's personal income, derived from his personal investment portfolio and private estates, is used to meet his private expenses. The King owns the Balmoral and Sandringham Estates, which were both inherited from his mother.
The Prince of Wales accepted bags containing millions of euros in cash during meetings with a senior Qatari politician, according to a report. Prince Charles was said to have been given a total of €3m (£2.6m) during meetings with Sheikh Hamad bin Jassim bin Jaber al-Thani, the former prime minister of Qatar.
The wealthiest royal family in the world is the House of Saud, which is estimated to be worth more than a jaw-dropping $1.4 trillion (£1.1tn). This unimaginable wealth is spread out among the vast family's 15,000 or so members.
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