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It might seem a no-brainer that the late Queen Elizabeth ranks as the wealthiest royal, after all she reigned for 70 years. But The Sunday Times’ 2024 Rich List revealed a surprising fact about the monarch’s prosperity. Keep reading to find out where King Charles ranks on the fortune list.
Royal Family News – King Charles Has Amassed Massive Wealth
On Friday, May 17 the outlet revealed that King Charles is the 258th wealthiest person in the U.K.
He has a personal fortune of approximately $770 million. Charles’ personal gains have increased by roughly $12 million dollars in the last year alone.
As such, the current regent is $300 million richer than Queen Elizabeth was prior to her September 2022 death. The outlet’s 2022 Rich List indicates that Queen Elizabeth had personal holdings worth $486 million.
For comparison, King Charles’ eldest grandson Prince George’s godfather, Hugh Grosvenor, the Duke of Westminster, has a family net worth of around $12.8 billion. Yes, billion.
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Royal Family News – King Charles’ Fortune Revealed
King Charles’ most valuable assets are England’s Sandringham Estate and Scotland’s Balmoral Castle. How did the monarch amass his fortune?
A former aide to Charles “claims he managed to rebuild his wealth by saving profits earned from his former $1 billion estate, the Duchy of Cornwall, after his 1996 divorce from Princess Diana cost him $21 million. The Duchy of Cornwall was inherited by Prince William following Elizabeth’s death.”
Royal Family News – King Charles Recovered From Divorce Settlement
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Charles was crowned the King of England in May 2023. He currently is receiving cancer treatment but made his official reentry to public royal duties in April when he and his wife Queen Camilla toured a cancer treatment center.
In other news, on Tuesday, May 14 Charles’ first official portrait was revealed. The painting will hang in Draper’s Hall in London and garnered much attention for its depiction of Charles in brazen scarlet tones.
Artist Jonathan Yeo told Hello: “The color was an early experiment and then I sketched it out and worked on the face, and the face and background worked so well.”
Have you seen Charles’ portrait royal fans—tell us what you like about the daring rouge portrait!
Be sure to catch up on everything happening with the royal family. Come back here often for royal family news and updates.
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