The media calculated the size of the inheritance of Elizabeth II

The media calculated the size of the inheritance of Elizabeth II

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Of course, Queen Elizabeth II of Great Britain was very rich. But the exact size of her fortune calculate quite difficult, as much is the property of the royal family.

Monarchy PLC owns nearly $28 billion. The Crown owns 19.5 billion. In addition, Buckingham Palace is worth $4.9 billion, the Duchy of Cornwall is worth $1.3 billion, the Duchy of Lancaster is worth $748 million, and Kensington Palace is worth $630 million.

But part of this huge wealth is controlled by the treasury. Crown estates are technically owned by the monarch for the duration of his reign. But they are neither his private property nor the property of the government. They are governed by an external council.

According to Forbes, in 2020 the Crown property received a profit of £475 million. The Royal Family received 25% (£86.3 million) of this amount as a sovereign grant, with the remaining 75% going to the British Treasury.

The Queen’s personal assets are believed to be worth $500 million. These are investments, shares of the largest companies, a large collection of works of art and jewelry, and real estate. Including Sandringham Palace and Balmoral.

Elizabeth II inherited all of her mother’s £70 million estate, including many works of art. Her Majesty has decided that the most important items left behind by her mother will be transferred to the Royal Collection, where they will be “held in trust by the nation”.

The Queen’s late husband, Prince Philip, left her £10 million, including a collection of paintings by artist Edward Seago and 3,000 rare books.

Elizabeth also owned the Royal Philatelic Collection, which is valued at £100 million.

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