Over the past decade, the royals’ asset wealth — which includes buildings, land, mineral rights, art and other treasures — increased faster than at any other time since the first pieces of th…
The Oval Cricket Ground in London.The Duchy of Lancaster in Lancaster.However, although the Crown Estate belongs to the reigning monarch, is not their private property to do with as they please. The sitting King or Queen has no power to sell holdings and does not receive income directly from the estate.
Instead, profits from the Crown Estate are plowed back into the Treasury, which returns a percentage of this sum to the royal family as the Sovereign Grant.Among the individual royals, King Charles III, 73, is worth about $1 billion, the report said. With his mother’s death, he inherited the Duchy of Lancaster, an estate owned by the monarch since the 14th century with 45,092 acres of land in Cheshire, Lancashire, Yorkshire, Lincolnshire, Derbyshire, Staffordshire and south Wales.
Although Buckingham Palace and other royal palaces are owned in trust, the Sandringham Estate in Norfolk, which runs to 20,000 acres, and Balmoral, the castle where Queen Elizabeth II died, and its 50,000 acres, belonged to the Queen and will probably pass to Charles. How much Charles ultimately gets from his mother will never be known. A court decided in 1820 that a monarch’s will does not need to be published.Prince William, 40, also became a billionaire after the death of his grandmother, in taking control of the Duchy of Cornwall. The new Prince of Wales was already rich, after inheriting millions from his late mother Diana and his great-grandmother.
Princess Anne’s wealth is estimated at about $52 million. Elizabeth II bought Gatcombe Park for her daughter in 1976. The Gloucestershire mansion includes 700 acres and is near Highgrove, her elder brother’s rural home. Anne, 72, has long been
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Britain lays Queen Elizabeth II to restPHOTOS: Royals, heads of state and mourners gather to honor Britain's longest-reigning monarch.
Weiterlesen »
Queen Elizabeth II Designed Her Own HearseIt features the late monarch's personal royal cypher.
Weiterlesen »
Queen Elizabeth II Designed Her Own HearseIt features the late monarch's personal royal cypher.
Weiterlesen »
Former ‘Crown’ star Matt Smith recalls cheeky real-life run-in with Prince HarryPrince Harry apparently called Matt Smith ‘Granddad’ after seeing him play Philip in ‘The Crown.’
Weiterlesen »
Prince William and King Charles Thank Mourners in Queen Elizabeth's QueueThe royals also met with officers and staff leading police operations around London ahead of the late monarch's funeral.
Weiterlesen »