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Abstract

e:View_of_Windsor_castle_from_the_park.jpg#mw-jump-to-license"> Wikimedia Commons</a>)</figcaption></figure><p id="f533">After all that, there is the annual Sovereign Grant, which is the allowance that the government of England pays to the monarchy based on the profits from the Crown Estates.</p><p id="3a60">This is a collection of holdings in the UK which belongs to the British Monarch.</p><p id="d297">The Queen used to get <a href="https://parade.com/1045384/marynliles/family-quotes/">only 25%</a> of the total profit that is generated from the Crown Estates, and considering the fact that in 2020 alone, the total profits were<a href="https://www.forbes.com/sites/arielshapiro/2021/03/10/inside-the-firm-how-the-royal-familys-28-billion-money-machine-really-works/?sh=69e2e1402bcc"> over 592 million), Kensington Palace ( $630 million), The Duchy of Lancaster ($ 748 million), The Duchy of Cornwall ( $1.3 billion), Buckingham Palace ($ 4.9 billion), and The Crown Estate which is worth staggering 19.5 billion USD.</p><p id="0be2">Even when the Royal Family doesn’t personally profit from the business, they are still provided for by the government in many forms, and money is one of them.</p><p id="ff17">Furthermore, just to get an idea of how expensive all these estates are we can look into the most famous one, Buckingham Palace.</p><p id="8572">Just to<a href="https://uk.news.yahoo.com/buckingham-palace-royal-home-would-take-44000-years-pay-off-163420876.html?guce_referrer=ahr0chm6ly93d3cuz29vz2xllmnvbs8&guce_referrer_sig=aqaaaiqmfyptwwtfr865bz1rirwkuqt3ke7bur8pw3oq-x7zsen0wbpw1imvnxjkugu71hxsyai9dug2jqvy4qmviur6yw56jabyn5df_k8drjw8hnf-worqgitw7fj3zyfx4fewp80gb3h7wjqingdnin_2d9a9zsndqb_6kj0j95q8"> pay off the mortgage</a> on the property, it would take an average British 44,000 years

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.</p><h1 id="ba40">The Queen’s Collection Of Stamps</h1><figure id="bbde"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*ulHFiw3rnspgfgs0"><figcaption>Catalog of The Royal Philatelic Collection, 1952. (Image Source:<a href="https://commons.m.wikimedia.org/wiki/File:Catalogue_of_The_Royal_Philatelic_Collection,_1952.JPG#mw-jump-to-license"> Wikimedia Commons</a>)</figcaption></figure><p id="cbe0">Queen Elizabeth II loved collecting stamps, and it might come as a surprise to you, but one of her most valuable assets was her<a href="https://postalmuseum.si.edu/exhibition/the-queen%E2%80%99s-own"> world’s oldest stamp collection</a> which was inherited by her from her<a href="https://parade.com/1207228/kelseypelzer/grandpa-names/"> grandfather King George V</a>.</p><p id="825e">The worth of this Royal Philatelic Collection is estimated around<a href="https://www.cheatsheet.com/entertainment/queens-stamp-collection-is-worth-a-whopping-100-million.html/"> 134 million dollars</a>.</p><h1 id="c6f1">Final Words</h1><figure id="adef"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*hQPYoreq50OLqFhr"><figcaption>National leaders and royalty in London, 13th of May, 1977. (Image Source:<a href="https://commons.m.wikimedia.org/wiki/File:Jimmy_Carter_with_Queen_Elizabeth_-_NARA_-_174724.jpg#mw-jump-to-license"> Wikimedia Commons</a>)</figcaption></figure><p id="87b7">Queen Elizabeth was the second, longest reigning, and richest British monarch ever, but even with so much wealth, the Queen didn’t make it into the list of richest Royals around the world or even the list of 250 wealthiest British.</p><p id="31ac">Now that she is gone, all we can do is admire and cherish the good memories she has left us with and see what the new King will bring to one of the oldest Royal Families in the world and his people.</p><p id="0459">Apart from everything mentioned above, it is still hard to explain exactly everything about the Queen’s fortune.</p><p id="6a98">Why? Because it is still not known what was owned by her and what belonged to the Royal Firm, which is an empire of more than 28 billion dollars. The Royal Firm is often referred to as The Family Business.</p><p id="71e9">More from the author:</p><div id="dd0f" class="link-block"> <a href="https://readmedium.com/tragic-holocaust-of-jews-in-pictures-8b752cf9e49f"> <div> <div> <h2>Tragic Holocaust Of Jews In Pictures</h2> <div><h3>Eye-opening pictorial narration of these 34 images will move you.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*ru954LX2ALxZeII1Ee6apQ.jpeg)"></div> </div> </div> </a> </div><div id="1044" class="link-block"> <a href="https://readmedium.com/fascinating-history-of-showing-someone-a-middle-finger-8dbf262b4fff"> <div> <div> <h2>Fascinating History Of Showing Someone A Middle Finger</h2> <div><h3>What infamous act meant centuries ago? Shocking progress.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*3d0n52eRSTrPFYUQ)"></div> </div> </div> </a> </div><div id="7779" class="link-block"> <a href="https://readmedium.com/bhutans-bizarre-night-hunting-is-a-dark-custom-a431d1180698"> <div> <div> <h2>Bhutan’s Bizarre “Night Hunting” Is A Dark Custom</h2> <div><h3>Rural version of urban dating leads to uncontrolled bastardy.</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*Rs2B3oaIwx1mFYsw)"></div> </div> </div> </a> </div></article></body>

Huge Fortune of Queen Elizabeth II — 500 Million Dollars

Interesting peek at her net worth at death.

One of the most salient and longest-lived monarchies is the British Royal Family — a family which was headed by Queen Elizabeth II of the UK and Northern Ireland until she passed away on Thursday at her residence in Scotland, the Balmoral Castle.

Her Majesty left considerable wealth behind for her successor Prince Charles, who will inherit all of the 500 million USD worth of assets after he is crowned King.

So what exactly was the Queen’s fortune, and what will happen to it now that she is gone?

Below let’s dive into some of these questions, learning a bit more about her multi-million dollar fortune.

Queen Elizabeth II’s Net Worth

Balmoral Castle and lawn with The Royal Standard of Scotland flying over it, 14th of July 2004. (Image Source: Wikimedia Commons)

The Queen’s personal net worth was believed to be somewhere north of 500 million USD.

Her Majesty had a prodigious amount of wealth which was inherited by her from her father, King George VI .

This wealth was her own, and it wasn’t brought from the British tax-payers money — most of it did come from colonization and invasion of foreign countries but we will leave that unto you to decide).

Piled up in her Majesty’s portfolio of assets are properties like the Sandringham estate, which is estimated at $65 million and the Balmoral Castle, which is estimated at a whopping $140 million.

Many others like marine land across the United Kingdom, horse and fruit farms, and who can forget that massive personal jewelry collection of hers.

Wealth, The Her Majesty, Inherited From Prince Philip And Queen Mother

Queen Elizabeth with her eldest daughter Princess Elizabeth (Queen Elizabeth II) on the balcony of Buckingham Palace after the coronation of King George VI on the 12th of May 1937. (Image Source: Wikimedia Commons)

The wealth inherited by the Queen didn’t only come from her father but also from a couple of others like Prince Phillip and Queen Mother.

The Queen inherited a lot of her late husband’s wealth after he died in 2021. According to sources, the inherited estate only is worth more than 30 million dollars.

The assets which Queen inherited from her mother after she passed away in 2002 are worth around 70 million dollars.

This doesn’t include the priceless work of art, horses, and jewelry that was inherited by her Majesty after the death of her mother.

The Sovereign Grant And The Privy Purse

View of the magnificent Windsor castle from the park. (Image Source: Wikimedia Commons)

After all that, there is the annual Sovereign Grant, which is the allowance that the government of England pays to the monarchy based on the profits from the Crown Estates.

This is a collection of holdings in the UK which belongs to the British Monarch.

The Queen used to get only 25% of the total profit that is generated from the Crown Estates, and considering the fact that in 2020 alone, the total profits were over $475 million — 25 percent of this isn’t low in any way either.

Another source of personal wealth is the Privy Purse — this is passed down from sovereign to sovereign.

The funding of the Privy Purse comes from the Duchy of Lancaster.

What is that? A king-sized collection of landholdings which also includes the land on which London’s Savoy Hotel is and farmland — almost 46,000 acres in North England.

In 2020 the profits went to a record high of 30 million dollars.

The Royal Firm A Billion Dollar Royal Empire

View of Buckingham Palace during the Queen’s 90th Birthday Celebrations, the 11th of June 2016. (Image Source: Wikimedia Commons)

The Royal Firm, also known as Monarchy PLC, is a group of senior members of the House of Windsor, which is the reigning Royal Family that the Queen was head of.

The house contributes to and operates the Royal business empire that pumps millions and millions of Pound Sterlings into the UK’s economy on a yearly basis through tourism and televised events.

As of 2021, the real estate assets owned by the British Monarchy are estimated to be nearly 28 billion dollars; however, these assets cannot be sold.

The estate that makes up to 28 billion USD include The Crown Estate of Scotland ($592 million), Kensington Palace ($630 million), The Duchy of Lancaster ($748 million), The Duchy of Cornwall ($1.3 billion), Buckingham Palace ($4.9 billion), and The Crown Estate which is worth staggering 19.5 billion USD.

Even when the Royal Family doesn’t personally profit from the business, they are still provided for by the government in many forms, and money is one of them.

Furthermore, just to get an idea of how expensive all these estates are we can look into the most famous one, Buckingham Palace.

Just to pay off the mortgage on the property, it would take an average British 44,000 years.

The Queen’s Collection Of Stamps

Catalog of The Royal Philatelic Collection, 1952. (Image Source: Wikimedia Commons)

Queen Elizabeth II loved collecting stamps, and it might come as a surprise to you, but one of her most valuable assets was her world’s oldest stamp collection which was inherited by her from her grandfather King George V.

The worth of this Royal Philatelic Collection is estimated around 134 million dollars.

Final Words

National leaders and royalty in London, 13th of May, 1977. (Image Source: Wikimedia Commons)

Queen Elizabeth was the second, longest reigning, and richest British monarch ever, but even with so much wealth, the Queen didn’t make it into the list of richest Royals around the world or even the list of 250 wealthiest British.

Now that she is gone, all we can do is admire and cherish the good memories she has left us with and see what the new King will bring to one of the oldest Royal Families in the world and his people.

Apart from everything mentioned above, it is still hard to explain exactly everything about the Queen’s fortune.

Why? Because it is still not known what was owned by her and what belonged to the Royal Firm, which is an empire of more than 28 billion dollars. The Royal Firm is often referred to as The Family Business.