The British Royal Family Net Worth As Of 2022 - Bakabuzz (2023)

The British Royal Family Net Worth as of 2022: The British royals are one of the most well-known royal families around the world, and despite the dedication, they inspire their fortunes are actually dwarfed by other royals around the world.

Top 10 Musician Net Worths

Top 10 Musician Net Worths

The overall British royal family net worth is estimated at over $90 billion, and it can often change little. While Queen Elizabeth II has an estimated net worth of over $600 million.

Let’s take a deeper look at the net worth of the British royal family, personal revenue and salary, their sources of income, and how they are earning millions of dollars.

The British Royal Family Finances

When discussing royal finances, the official website of the Royal Family notes that “the monarchy is sometimes described as an expensive institution, where the royal finances are shrouded in confusion and confidentiality.

In fact, the royal family is obligated to ensure that public funds are spent with the same wisdom and efficiency as possible, and make financial affairs The property is transparent and understandable as much as possible ”.

Members of the British royal family get income from a number of sources, and they release the numbers to the general public each year.

We break down the main sources of income for Queen Elizabeth II as well as the money that Duchess Kate, Prince William, Duchess Meghan, and Prince Harry receive for their official duties.

Sovereign Grant

The British Royal Family Net Worth As Of 2022 - Bakabuzz (1)

The main source of income for the British royal family is the Sovereign Grant, which is paid by the government in support of the Queen’s official duties. The grant actually comes from “a percentage of the royal crown’s revenue,” according to the official website of the royal family.

The Crown Estate is a UK real estate company worth £ 14.3 billion ($18.3 billion), with Its surplus revenues accruing to the treasury, and thus to the public.

Although the Queen technically owns The Crown Estate de facto, the foundation is managed by an independent council.

The government indicates that the Crown Estate’s annual surplus plays a role in determining the amount to be provided to the royal family via the Sovereign Grant.

While the majority of Crown Estate’s real estate earnings go directly to the government, about 15% make up the Sovereign Grant, an annual stipend that goes toward official royals’ duties, basic maintenance, press, and communications, security details, and travel of a few key royals.

The 1919-2018 spending report included an approximate £20 million (roughly $25 million) increase, which according to Express was due to renovations and upgrades at Buckingham Palace.

The Queen uses her personal income, “derived from her personal investment portfolio and private estates,” to cover her personal expenses, according to her website.

Royal residences, pieces in the royal collection, and crown jewels are not the private property of the queen. They are held in her possession while they serve the role of sovereign, but she cannot sell them and will eventually pass them on to her successor.

Meghan Markle is known to have had her personal fortune, which she acquired during her career as an actress and influencer, before joining the royal family.

Both Harry and William are known to have inherited money from their late mother, Princess Diana, and the Queen’s Mother.

The British Royal Family Net Worth as of 2022

The British Royal Family Net Worth As Of 2022 - Bakabuzz (2)

According to Forbes, The Net Worth of The British royal family is estimated to be around $90 billion as of 2022. They have amassed this wealth over the centuries and their wealth is growing with time.

The British royal family is one of the richest families in the world. While many people may not know who they are, they are certainly aware of their enormous wealth.

The British royal family has been around for hundreds of years and has amassed their fortune over time.

Facts about The British Royal Family

  • A man married to the queen does not become king immediately.
  • Royals must remain politically neutral.
  • Once upon a time, Princess Diana was a teacher.
  • The British Royal family is not allowed sign autographs!
  • Princess Eugenie is different from other royals because she has a full-fledged career.
  • The Queen usually travels while carrying a personal supply of blood.
  • Princess Charlotte is more financially influential than Prince George.
  • Princess Diana’s wedding dress is the longest in recorded history at 25 feet.
  • The royals must weigh themselves before and after Christmas dinner.
  • Previously, Male royals didn’t show up to the delivery room, but that’s changed now.
  • Kate Middleton was the first royal bride with a degree.

Don’t Miss:

  • King Mohammed VI Net Worth, Age, Wife, Fortune in 2022
  • Meghan Markle Net Worth as of 2021 is Shocking!
  • The Top 25 Richest Families In The World As Of 2022
  • The Net Worth of Kim Kardashian in 2022: Her Age, Family, Life, Assets

The Royal Collection Trust, which is responsible for maintaining the Queen’s public residences and welcoming visitors year-round, generates a lot of money annually, yet most of the fund’s income goes back to the care of art assets and crown-related value properties (such as Windsor Castle and Crown Jewels) and does not benefit Any of the members of the royal family personally.

Royal Duchies:

The British Royal Family Net Worth As Of 2022 - Bakabuzz (3)

Duchy of Lancaster

The Queen’s income comes from the Duchy of Lancaster, according to its official website. “The Duchy of Lancaster, founded in the 18th century, is a unique portfolio of lands, possessions, and assets held as a trust of sovereignty in his or her role as Duchy of Lancaster.” This duchy’s revenues are estimated at 26 million dollars.

Duchy of Cornwall

Meanwhile, most of Prince Charles’ income comes from the Duchy of Cornwall. According to their website, William, Kate, Megan, and Harry “use income from the Duchy of Cornwall to pay for their official activities, supported by the Queen’s Sovereign Grant Funding to provide assistance with travel and official property.” The annual income of this dukedom is about $40 million.

Personal Fortune of the British Royal Family

The Queen uses her personal income, “derived from her personal investment portfolio and private estates,” to cover her personal expenses, according to her website.

Royal residences, pieces in the royal collection, and crown jewels are not the private property of the queen. They are held in her possession while they serve the role of sovereign, but she cannot sell them and will eventually pass them on to her successor.

Meghan Markle is known to have had her personal fortune, which she acquired during her career as an actress and influencer, before joining the royal family.

Both Harry and William are known to have inherited money from their late mother, Princess Diana, and the Queen’s Mother.

The British Royal Family Net Worth as of 2022

The British Royal Family Net Worth As Of 2022 - Bakabuzz (4)

According to Forbes, The Net Worth of The British royal family is estimated to be around $90 billion as of 2022. They have amassed this wealth over the centuries and their wealth is growing with time.

The British royal family is one of the richest families in the world. While many people may not know who they are, they are certainly aware of their enormous wealth.

The British royal family has been around for hundreds of years and has amassed their fortune over time.

Facts about The British Royal Family

  • A man married to the queen does not become king immediately.
  • Royals must remain politically neutral.
  • Once upon a time, Princess Diana was a teacher.
  • The British Royal family is not allowed sign autographs!
  • Princess Eugenie is different from other royals because she has a full-fledged career.
  • The Queen usually travels while carrying a personal supply of blood.
  • Princess Charlotte is more financially influential than Prince George.
  • Princess Diana’s wedding dress is the longest in recorded history at 25 feet.
  • The royals must weigh themselves before and after Christmas dinner.
  • Previously, Male royals didn’t show up to the delivery room, but that’s changed now.
  • Kate Middleton was the first royal bride with a degree.

Don’t Miss:

  • King Mohammed VI Net Worth, Age, Wife, Fortune in 2022
  • Meghan Markle Net Worth as of 2021 is Shocking!
  • The Top 25 Richest Families In The World As Of 2022
  • The Net Worth of Kim Kardashian in 2022: Her Age, Family, Life, Assets

FAQs

How much is the royal family worth in 2022? ›

Meanwhile the value of the royal stamp collection has been estimated at £100m. The royal family's total wealth is estimated rather than known, as much of the Queen's personal wealth was kept private. The Queen's net worth was estimated at £370m on the 2022 Sunday Times Rich List, a £5m increase from the previous year.

How much is the British royal family really worth? ›

According to one estimate I've seen, the total value of what's called “the firm,” their assets are about $28 billion. And so we're talking about serious amounts of money. The queen herself was an incredibly wealthy woman.

Who is the richest royal in England 2022? ›

T he single most valuable asset held by King Charles is the Crown Estate, a sprawling real estate portfolio with $17.5 billion in net assets.

What is the Queen's net worth 2022? ›

No one knows the Queen's exact net worth – Britain's Sunday Times estimated her wealth at a £370 million ($426 million) on their 2022 Rich List, up £5 million from 2021, an increase which the paper linked to the Queen's stock market investments. In 2021, Forbes suggested she had $500 million in assets.

Who will inherit Queen Elizabeth money? ›

So what will Prince William inherit from Queen Elizabeth? After Queen Elizabeth's death, Prince William inherited the Duchy of Cornwall, a private estate worth around $1.2 billion.

What is Queen's salary? ›

What does the Queen receive from the government? For 2021-2022 the Sovereign Grant was set at £86.3m - equivalent to £1.29 per person in the UK. This does not include security costs.

Do royals pay tax? ›

Tax. The Monarch is not legally liable to pay income tax, capital gains tax or inheritance tax because the relevant enactments do not apply to the Crown. The same is true for the income from the Duchy of Cornwall which is paid to The Prince of Wales.

Who is the richest member of the royal family? ›

Queen Elizabeth II's Net Worth

This encompasses $10 billion worth of real estate, Buckingham Palace, and the Royal Art collection. The Queen also receives an annual government stipend and because this wealth is tied to her position, she could never sell the royal assets.

Who is richer Prince William or Harry? ›

So there you have it folks, Prince William's net-worth surpasses Prince Harry's net-worth by at least ten times over. "His net worth was estimated to be about $40 million (£34 million), which isn't too shabby. However, his net worth has skyrocketed by $1.3 billion (£1.1bn), taking his total net worth up to $1.34bn."

Does Prince Harry have any money? ›

Answer: Like all senior members of British royals, whether working royals or not, it is not possible to peg the net worth of Prince Harry to an exact figure. However, reports suggest that his net worth could be anywhere between USD 40 million to USD 60 million.

Is Prince Harry still rich? ›

Wealth-X estimates Prince Harry's net worth to be around $60 million. Prince Harry was cut off financially from the royal family when he decided to step back from his official duties and move to the United States, he told Oprah Winfrey in an interview in 2021.

Who is the richest royal king in the world? ›

List of royalty by net worth
RankNameNet worth
1Vajiralongkorn$43 billion — $30 billion
2Hassanal Bolkiah$28 billion — $20 billion
3Salman of Saudi Arabia$18 billion
4Khalifa bin Zayed Al Nahyan (died in 2022)$15.0 billion
10 more rows

How much money did the queen leave? ›

The Queen also enjoyed private wealth estimated at more than £350m, including ownership of Balmoral and Sandringham. If, as presumed, the bulk of her wealth passes to King Charles, he uniquely will not have to pay inheritance tax on his new fortune.

Does the queen carry money? ›

In addition to her cash offering, Her Majesty also carries lozenges, compact, tissues, lipstick and a fountain pen in her purse, according to a 2012 biography on the monarch. When it comes to packing her bag, the Queen sticks to the necessities.

What is Prince Charles Worth? ›

Prince Charles' Net Worth

Charles became heir to the throne at the age of 3, when his grandfather King George VI died and his mother ascended to the throne. As of becoming King of England, his estimated net worth has risen to $600 million, per Celebrity Net Worth.

Is Queen Elizabeth a billionaire? ›

Fortune estimates Elizabeth's net worth at $500 million. While expert David McClure, in his 2020 book "The Queen's True Worth," pegged her assets at $468 million. Elizabeth derived her personal wealth from expensive goods like jewelry and art, as well as investment holdings and real estate.

Who is the richest prince? ›

1. The Royal Family Of Saudi Arabia. And here comes the richest royal family across the globe! At the top of the list of richest royals is the royal family of Saudi Arabia, whose current king is Salman bin Abdulaziz Al Saud.

Who owns Buckingham Palace in England? ›

Occupied Royal Palaces, such as Buckingham Palace, are not the private property of The Queen. They are occupied by the Sovereign and held in trust by Crown Estates for future generations. The Queen privately owns two properties, Balmoral Castle and Sandringham House, which are not publicly funded.

How much do Buckingham Palace staff get paid? ›

Average The Royal Household hourly pay ranges from approximately £9.09 per hour for Housekeeper to £11.66 per hour for Warehouse Lead. Salary information comes from 292 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

What is Prince William's salary? ›

Prince William Inherits £23 Million-Per-Year Income From Duchy Estate.

How much does a royal butler earn? ›

£19,935.80 per annum. Package includes 15% employer contribution pension scheme, plus benefits. This is a live-in position (for which there is a salary adjustment) with meals provided.

Who pays for the royal families clothes? ›

What about the Queen and other members of the royal family? The Queen makes her own money, paid as part of the Sovereign Grant, and totals millions of dollars per year. Because of this, she is free to buy her own clothes, but no doubt has a self-set clothing allowance as well.

Does the Queen make a will? ›

The Queen's will is to remain hidden from the public for at least 90 years in line with a century-old tradition. The document will be sealed and locked in a safe in an undisclosed location in London along with those of other deceased royals.

Does the UK benefit from having a royal family? ›

How much money does the royal family bring through tourism? The house of Windsor helps earn hundreds of millions for Britain's economy Independent reported, with Windsor Castle and Frogmore House recording approximately 426,000 paying visitors between April 2021 and March 2022.

Who is the richest family in the world? ›

At $224.5 billion, the Waltons are the richest family in the world thanks to their massive stake in Walmart, the world's largest company by revenue. The fourth generation of the Mars family, the second-richest clan after the Waltons, currently runs the eponymously named Mars candy company.

What is the richest country in the world? ›

The United States is the richest country in the world with the highest GDP, as of 2021. China is the second richest country in the world with a $17.734 trillion GDP. Monaco is the richest country in the world when measured by GDP per capita.

Who is the richest Prince in England? ›

Prince Charles earns an annual income from the Sovereign Grant, but most of his money streams in from The Duchy of Cornwall, an inherited portfolio of almost 54,000 hectares of land across the UK that is used for farming, residential housing and commercial real estate, per Celebrity Net Worth – which is valued at over ...

How much will Prince Harry inherit? ›

Prince William and Prince Harry together are set to receive around USD 18 million as their share in the fund in parts till they are 40. However, Prince Harry will reportedly receive a larger share of the inheritance as compensation for not becoming the Sovereign.

What Will Prince Charles inherit? ›

As king, Charles inherits the Duchy of Lancaster, a private estate of commercial, agricultural and residential assets owned by royalty since the Middle Ages. The monarch is entitled to use its income and largely uses it to meet official expenditure.

How much does Kate Middleton get paid? ›

Kate is a “working royal” but does not earn a salary. When not raising her three children, her day-to-day schedule is filled with official engagements where she represents the family and monarchy along with her husband. Although she has no income, per se, Middleton has few expenses.

How much is Buckingham Palace worth? ›

This is where the family tends to greet visitors and crowds, and serves as the administrative offices of the monarch of the United Kingdom. The property is valued at $4.9 billion.

Does Canada pay the queen? ›

The Crown Apparently Costs Canada Over $58 Million Each Year & Here's How It Breaks Down. Justin Trudeau and Queen Elizabeth II. Right: King Charles III. If you've ever wondered how much the new king and the crown cost Canada year-on-year, we've got you covered!

How did Harry get left so much money? ›

Both the Duke and Duchess have considerable personal wealth. Prince William and Prince Harry received the bulk of the £13m fortune left by their mother Princess Diana. Speaking of their move to the US, he told Oprah that "I've got what my mum left me and without that we wouldn't have been able to do this".

Who is the most powerful king in the world? ›

Genghis Khan

Khan was the founder of the Mongol Empire, the largest land-based empire the world has ever seen. Given the size of his army, the levels of discipline and training he instilled were incredible.

What happens to all the Queen's clothes? ›

The Queen's wardrobe will likely be split mostly between Kate Middleton and Queen Consort Camilla, according to royal experts.

Does the Queen own a gun? ›

He said: “The royal family and equerries are all practising with pistols, rifles and Churchill's Tommy gun. The Queen Mother enjoys taking pot-shots at rats in Buckingham Palace's gardens. “The King and Queen and the whole royal family are practising with firearms in the gardens of the Palace and at Windsor.

Does the Queen keep gifts? ›

Official gifts are passed to the Monarch when the member they were given to dies. The Monarch then decides if they go into the royal collection or go to the deceased's successor.

Does the Queen own land in America? ›

As one might imagine, the monarchy held properties around the globe. A lesser-known holding was in Bolivar County, Mississippi. As of 1968, the Queen through investment in the British textile company Courtaulds owned an interest in a 38,000-acre cotton plantation in Mississippi.

How much is Prince Charles wife Camilla worth? ›

The Queen Consort, Camilla Parker Bowles is also the Duchess of Cornwall LG, GCVO, CSM, PC has a personal net worth of $5 million dollars and has been a member of the British Royal Family since 2005, when she married then Prince Charles of Wales.

How do the Royals get paid? ›

The Sovereign Grant, which is funded by taxpayers, pays for official expenses related to the monarch's duties, which include maintaining properties, travel, and employee pay.

Will King Charles be on money? ›

Rolling out the King Charles money

Beginning in December 2022, the Royal Mint will issue the first set of Charles III coins. This includes commemorative coins, which will also bear Queen Elizabeth II's image on the reverse side.

How much is the richest royal family worth? ›

List of royalty by net worth
RankNameNet worth
1Vajiralongkorn$43 billion — $30 billion
2Hassanal Bolkiah$28 billion — $20 billion
3Salman of Saudi Arabia$18 billion
4Khalifa bin Zayed Al Nahyan (died in 2022)$15.0 billion
10 more rows

Who is the richest royal family in the world? ›

Richest royal families from around the world
  • Richest royals. ...
  • #7 The royal family of Brunei. ...
  • #6 The royal family of Thailand. ...
  • #5 The British royal family. ...
  • #4 The royal family of Abu Dhabi. ...
  • #3 The royal family of Qatar. ...
  • #2 The royal family of Kuwait. ...
  • #1 The royal family of Saudi Arabia. Net Worth: $1.4 trillion.
25 Nov 2022

Who is the richest royal ever? ›

At the top of the list of richest royals is the royal family of Saudi Arabia, whose current king is Salman bin Abdulaziz Al Saud. The royal family comprises around 15,000 members and has a net worth of around $1.4 trillion (140000 crores), well above any other monarchy.

Who is richer Prince Harry or Prince William? ›

According to Business Insider (opens in new tab), Prince William and Prince Harry are each worth between $25 and $40 million. They both received inheritances from their late mother: a lump sum of $14 million when they turned 30 and dividends of $450,000 each year after they turned 25, per Forbes (opens in new tab).

Does the royal family pay taxes? ›

Overall, it appears the royal family pays a significant amount of taxes on their wealth. Despite the fact the Monarch is not liable by law to pay income tax, capital gains tax, or inheritance tax, the royal family has been paying taxes since 1993.

How do the royal family make money? ›

The British government supports the monarch and some of his family financially by means of the Sovereign Grant, which is intended to meet the costs of the sovereign's official expenditures.

How much is Prince William paid? ›

Prince William Inherits £23 Million-Per-Year Income From Duchy Estate.

How much gold does the Queen of England have? ›

We look after more than 400,000 gold bars, worth billions of pounds. The gold is kept in nine underground vaults and we guard it very carefully. Our customers are the UK Government, banks and other governments around the world.

Who is the richest country in the world? ›

The United States is the richest country in the world with the highest GDP, as of 2021. China is the second richest country in the world with a $17.734 trillion GDP.

Top Articles
Latest Posts
Article information

Author: Tish Haag

Last Updated: 01/06/2023

Views: 6324

Rating: 4.7 / 5 (67 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Tish Haag

Birthday: 1999-11-18

Address: 30256 Tara Expressway, Kutchburgh, VT 92892-0078

Phone: +4215847628708

Job: Internal Consulting Engineer

Hobby: Roller skating, Roller skating, Kayaking, Flying, Graffiti, Ghost hunting, scrapbook

Introduction: My name is Tish Haag, I am a excited, delightful, curious, beautiful, agreeable, enchanting, fancy person who loves writing and wants to share my knowledge and understanding with you.