After the death of Queen Elizabeth II, her eldest son King Charles III is now a constitutional monarch Of the sixteen kingdoms of the Commonwealth of 53 countries as well as the Head of the Commonwealth and Supreme Ruler of the Church of England, he once held the title of Prince of Wales.
Queen Elizabeth II dies at the age of 96
What is the net worth of King Charles?
before he became king, Prince Charles’ fortune was estimated at $100 millionmainly due to an estate trust called the Duchy of Cornwall, which was created in 1337 to provide income for the Prince of Wales and his family.
It is believed that many of the fund’s properties, which include cottages, seaside estates, country mansions, and many more, Generate revenue of $20-30 million annuallyNow his son Prince William will inherit it and be the beneficiary.
But now that he has ascended to the feather standing, King Charles III’s fortune is estimated at $600 million.
King Charles III and the Crown Estate
Now that he is the head of the royal family, King Charles will benefit from the monarchy of the crownwhich is a real estate portofolio that is not owned by him or the government, but an income that will certainly benefit him.
Crown Real Estate is valued at approximately $25 billion and generates approximately $20 million in profits each year For the governor, while the other Portfolio estates, known as the Duchy of Lancaster, give the king an additional income of $30 million annually.
King Charles will now be able to pay for his family’s expenses through the Crown Estate . Sovereign Grantallowing him to use 25% of the income generated by The Crown Estate.
The head of the British royal family also She owns, although she does not own, the Royal Collection Trustbearing royal family art and other priceless pieces, Exceeding a billion dollars in value It has more than a million pieces, including painting by the most famous artist in history, such as Leonardo da Vinci or Rembrandt.
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