According to reports, the crown controls close to $28 billion in assets through the Firm, known as “Monarchy PLC.” A quick count of its assets: The estimated value of Kensington Palace is $630 million, Buckingham Palace is worth $4.9 billion, the Duchy of Cornwall is worth $1.3 billion, the Duchy of Lancaster is worth $748 million, and the Crown Estate Scotland is worth $592 million. The total value of the Crown Estate is $19.5 billion.
However, not all this cash is owned by the British royal family! The British Treasury is the owner of some of it. Although it is theoretically the reigning monarch’s (in this example, Queen Elizabeth II’s) property for the life of their reign, neither they nor the government is the legal owners of the Crown Estate. It is managed by an external board instead. According to Forbes, the Crown Estate produced £475 million in profits in 2020, of which the royal family received 25% (known as the Sovereign Grant) and the British Treasury received the remaining 75%. That grant sum alone for that year was a staggering £86.3 million!
So, yes, the Queen *does* profit from the royal institution as a whole, but it’s meaningless as she also has her unique collection of assets.
How Much Is Queen’s Personal Assets Worth?
Said assets include, but are not limited to, real estate which includes Sandringham House and Balmoral Castle, personal investments that are “primarily in British blue-chip shares,” and a genuinely enormous art collection and jewellery collection. A legacy worth an estimated £70 million, including numerous important works of art, was given to the Queen by the Queen Mother. Although Her Majesty determined the most significant items her mother left behind would be moved to the Royal Collection, where they would be “kept in trust for the nation,” the BBC reports.
In addition, Prince Philip, the late husband of the Queen, is claimed to have left an estate worth roughly £10 million that included 3,000 books and a collection of Edward Seago paintings.
🤝 The Queen received Liz Truss at Balmoral Castle today.
Her Majesty asked her to form a new Administration. Ms. Truss accepted Her Majesty’s offer and was appointed Prime Minister and First Lord of the Treasury. pic.twitter.com/klRwVvEOyc
— The Royal Family (@RoyalFamily) September 6, 2022
Royal Stam Collection Owner By The Queen Is Revealed!
The Royal Philatelic Collection, which consists of UK and Commonwealth stamps and is valued at £100 million, is owned by the Queen, according to the Sunday Times. The source of this content is embedded-name.
Who Would Rule if The Queen Died?
The longest-reigning monarch in history is Queen Elizabeth II of the United Kingdom, who took the throne in 1952. Following the royal line of succession, she was crowned after the death of her father, King George VI, on February 6, 1952. Five years before she became queen, Queen Elizabeth II wed Prince Philip, the Duke of Edinburgh, in 1947. On April 9, 2021, Prince Philip passed away at 99.
Prince Charles, Princess Anne, Prince Andrew, and Prince Edward are her four children. Eight grandkids and twelve great-grandchildren have been born to her throughout her seven decades of rule.
Princess Beatrice and Princess Eugenie, daughters of Prince Andrew and Sarah Ferguson, Duchess of York; Peter Phillips and Zara Tindall, son and daughter of Princess Anne and Captain Mark Philips; Prince William and Prince Harry; Lady Louise Windsor and James, Viscount Severn; and (daughter and son of Prince Edward and Sophie, the Countess of Wessex).
The royal line of succession is described as “the sequence of members of the Royal Family in the order in which they stand in line to the throne” and is “controlled not merely by descent, but also by Parliamentary statute,” according to the Royal Family website.
The eldest Prince of Wales, Charles, will succeed Queen Elizabeth II. Prince William, Duke of Cambridge, and Prince George, the firstborn child of Prince William, will follow. Where, though, do the other members of the royal family, like Prince Harry and Meghan Markle, fit into the picture?
The first in line to succeed his mother, Queen Elizabeth II, is Prince Charles. From 1981 to 1996, he was wed to Lady Diana Spencer, the Princess of Wales. With Diana, he had two children: Prince William and Prince Harry. On April 9, 2005, Prince Charles wed Camilla Parker Bowles, the Duchess of Cornwall. Out of respect for the late Princess Diana, she declined the title of Princess of Wales.
Camilla won’t be queen when Prince Charles becomes king. She will technically be known as the Princess Consort rather than the Queen Consort because she is the King’s wife, according to a 2020 Clarence House announcement.
👑 The sun was shining for #Preston today as their Royal Highnesses The Earl and Countess of Wessex visited.
— Preston City Council (@prestoncouncil) September 7, 2022
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