How Rich Is King Charles III? Here¡¯s What The Monarch¡¯s Net Worth Is
In a statement from Buckingham Palace on Monday, it has been revealed that Britain's King Charles has been diagnosed with a form of cancer. Ever since the news about the king¡¯s health was shared by The Royal Family on X (formerly Twitter), wishes for his speedy recovery have been pouring in from across the world including UK PM Rishi Sunak and India¡¯s PM Narendra Modi. While his health updates in the coming days and months will be eagerly awaited...Read More
In a statement from Buckingham Palace on Monday, it has been revealed that Britain's King Charles III has been diagnosed with a form of cancer. Ever since the news about the king¡¯s health was shared by The Royal Family on X (formerly Twitter), wishes for his speedy recovery have been pouring in from across the world including UK PM Rishi Sunak and India¡¯s PM Narendra Modi.
While his health updates in the coming days and months will be eagerly awaited across the world by his well wishers, have you ever wondered how much wealth King Charles III has? What is his net worth? Let us give you a fair idea.
How Rich Is King Charles III?
king charles iii/getty
A statement from Buckingham Palace: https://t.co/zmYuaWBKw6
¡ª The Royal Family (@RoyalFamily) February 5, 2024
? Samir Hussein pic.twitter.com/xypBLHHQJb
What Is King Charles III¡¯s Net Worth?
King Charles III, as per Forbes, inherited $500 million wealth from his mother Queen Elizabeth II. King Charles' inheritance reportedly zoomed his net worth to $2.3 billion, including assets ranging from estates and artwork, to jewels, racehorses, stamps and cars, according to British Daily The Guardian.
As per Forbes estimates, upon Queen Elizabeth II¡¯s death on Sep. 8th 2022, her $500 million inheritance which King Charles got, includes the Queen¡¯s private estates like Balmoral Castle in the Scottish highlands, where she passed¡ªas well as her jewelry, art, and her personal investments. He also inherited a larger portfolio of castles, hundreds of thousands of acres in land, prime London real estate and other assets that are under his control.
king charles queen elizabeth/afp
Also Read: $7.5 Million Estimated Cost Of Queen Elizabeth II's Funeral
How Much Did He Earn Previously As Prince?
During his 64-year reign as Prince of Wales, as per TIME Magazine, Charles acquired the skill of constructing his own extravagant wealth. During his tenure, the Duchy of Cornwall expanded its net assets to $1.3 billion, comprising approximately $433 million in commercial properties and over 52,000 hectares of land, or roughly one-third the size of Greater London. The Duchy's income was the main source of income for him.
He saw a 51% increase in net assets between 2011 and 2022.
Charles received enough money from those assets' profits to be self-sufficient outside of the Sovereign Grant: The then-Prince of Wales received $27 million (pre-tax) from the Duchy of Cornwall in the fiscal year that ended on March 31, 2022, as opposed to $1.2 million from the Sovereign Grant.
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