Royal Family News: How Rich Are Queen Elizabeth, Charles, Kate And The Rest Of The Family?
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British royal family news shows that the clan made headlines this week owing to disgraced Prince Andrew’s pay-off to his sex abuse accuser Virginia Roberts. The exact sum was not disclosed, but multiple outlets reported it to be around $10 million dollars.
Where did unemployed and mothballed Andrew get that kind of cash? Several sources reported that his family had to bail him out. The out of court settlement money was allegedly due within ten days and reports indicate that he made good on the debt with help from brother Prince Charles. The palace is loathe to talk about personal matters and the truth may never come out about this tawdry affair. But it has heightened suspense about how flush the royals really are. Let’s take a look at what some of the royals are worth, according to GOBanking Rates.
Royal Family News – Kate Middleton: $10 Million
Kate Middleton reportedly has $10 million to her name. She is mom to Prince George, Princess Charlotte and Prince Louis and will one day be the nation’s queen consort. While the exact figure is unknown, we do know that, “Prince Charles covers her staff, travel and official wardrobe expenses.” Which means any dollars she accrues do not have to go to business and beauty expenses!
Royal Family News – Prince Charles: $100 Million
Prince Charles is the heir the throne and reportedly has $100 million stashed away. As the future monarch, he has Duchy of Cornwall money available to him, from which he pays, “the public, private and charitable costs of Charles and his children.” It was alleged this week that he gave his own money to disgraced brother Prince Andrew so that he could pay off a sex abuse accuser in an out of court settlement.
The Duchy of Cornwall, “includes agricultural areas, residential and commercial properties and unspoiled lad, such as rivers and coastline. The Duchy works to manage the estate in a way that is sustainable, financially viable and of meaningful value to the local community.”
Royal Family News – Elizabeth II: $600 Million
Queen Elizabeth has a massive portfolio due to jewelry, art and the privately owned properties Sandringham House and Balmoral Castle. According to Forbes she oversees nearly $28 billion in assets belonging to the Crown Estate, including Buckingham Palace, the Duchy of Lancaster, the Duchy of Cornwall, Kensington Palace and the Crown Estate Scotland.
The royal family does not own these assets but they receive 25% of the profits of the Crown Estate income.
Royal Family News: Camilla Parker Bowles: $5 Million
Royal Family News: Prince Harry & Meghan Mocked in Media for Ukraine Support https://t.co/rnodNS1DQr #MeghanMarkle #PrinceHarry pic.twitter.com/o2xbb6Fm17
— SOS/CTS/HH (@SoapOperaSpy) March 5, 2022
Camilla Parker Bowles is formally known as Camilla, Duchess of Cornwall, a title she took after marrying Prince Charles in April 2005. She is reportedly worth $5 million dollars.
Royal Family News: Prince William: $30 Million
Prince William is second in line to the throne and the elder son of Prince Charles and the late Princess Diana. He inherited a reported $12.3 million inheritance from Diana’s estate on his 30th birthday in 2012. Like his father, he will one day control the Duchy of Cornwall assets.
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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