Between real estate, horses, stamps and many works of art… the fortune of Charles III, which increased tenfold following the death on September 8, 2022 of his royal mother of Elizabeth II, was estimated by the Guardian this Thursday, April 20, 2023 to more than 1.8 billion pounds! Buckingham Palace obviously, in all caution, has already sent a press release stating that this daily was progressing “a creative mix of speculation, supposition and inaccuracy”. And that, crime of lèse-majesté, no commentary on the personal fortune of members of the royal family should ever be broadcast. Be that as it may, and to arrive at this tidy sum, the British daily called on experts to estimate the numerous possessions of the new king who, beyond his real estate, includes cars, jewellery, paintings, thoroughbred horses or collectible stamps. As a bonus, the eldest son of Elizabeth II, on his death and legitimately, inherited part of the property. And, as The Guardian reminds us, the royal family is exempt from inheritance tax.
See also: A spokesman for Charles III forced to speak after the publication of an article disclosing the fortune of William’s father!
Nearly 400 works of art including paintings by Dali, Monet or Chagall…
To do a quick count, and according to the daily, the properties bring in tens of millions of pounds every year for her majesty. The Duchy of Lancaster, which has land and buildings, alone worth around £20 million a year. In addition, Balmoral Castle, Scotland, where the late Queen breathed her last, is said to be the freehold of Charles III, estimated at 80 million pounds. Nothing next to Sandringham Castle, also the King’s personal property, estimated for its part at 250 million, including the rents of the various cultivable lands around or the ticket office to visit the palace. Add to that the passion for horses, nearly 70 thoroughbreds inherited by the queen estimated at a minimum of 27 million pounds, nearly 400 works of art including paintings by Dali, Monet or Chagall, all valued To 24 million pounds, according to the British daily. Although the Queen’s will is not public, it is certain that Buckingham or Windsor, historic residences of the royal family, belong to the State, which pays the sovereign a “sovereign grant”: an endowment for the sovereign of a quarter of the income generated by the “Crown Estate”, a vast fund made up of real estate assets such as offshore wind farms. The rest goes to the Treasury. The royal endowment reached 86.4 million pounds for 2021-2022. Not to mention a few extras… In short, “Never complain, never explain” remains a safe currency in Great Britain!
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