Is King Charles Officially Richer Than Queen Elizabeth? Find Out As Monarch’s Net Worth Gets Revealed

King Charles is officially richer than his late mother, Queen Elizabeth. The monarch is currently the 28th richest person in the U.K., with millions of pounds in his bank account.

Published on May 18, 2024  |  01:43 AM IST |  56K
IMDB
Queen Elizabeth and King Charles via IMDB

King Charles has been announced to be richer than Queen Elizabeth II. According to the Sunday Times 2024 Rich List, the King of England stands in the 28th position with a net worth of around $770 million.

The late queen was estimated to be worth $428 million, but her son is worth $300 million more. Her royal highness died in 2022, after which the possessions of the late monarch were split amongst her family members as per her will. 

Who stands higher than King Charles on the Rich List? 

A royal who surpasses the monarch on the list is Hugh Grosvenor. Grosvenor is the godfather of Prince George and holds the title of Duke of Westminster. His family's worth is 12.8 billion, more than King Charles’ most valuable assets. 

The most expensive things the head of state owns are his palaces in Balmoral and Sandringham Estates in England. According to the former aide of King Charles, the monarch “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.” After Queen Elizabeth’s death, the Duchy of Cornwall was inherited by Prince William.

Charles officially became the King of England in May 2023 after being coronated on May 6th. The monarch and Queen Camilla celebrated the first coronation anniversary last week after the King was diagnosed with cancer in February. The royal couple kept their celebrations low-key, keeping the monarch’s health as the top priority.

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ALSO READ: Is King Charles Planning To Strengthen His Reign Amid Abdication Rumors? Report

King Charles public duties amidst cancer treatment

King Charles commenced his public duties on April 30 while undergoing cancer treatment. His Royal Highness, along with Queen Camilla, visited the Macmillan Cancer Center to meet with the patients and medical experts. The King followed up on the advancements of medical technologies to detect the disease in its early stages. 

In February, Buckingham Palace released a statement announcing the King’s health condition and noting that he would be working from behind the doors of the palace until he felt fit to be back in the public eye. Weeks later, Princess Kate, too, announced she was undergoing chemotherapy as cancer was detected in her body after abdominal surgery.

 

ALSO READ: Former Royal Staffer Alleges Prince William Is Stopping King Charles From Reuniting With Younger Son Prince Harry

FAQ

Who was King Charles' first wife?
King Charles' first wife was Princess Diana.

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