King Charles Net Worth – Has He Become Richer After Becoming The British Monarch?
Without any second thought, the British royal family is one of the wealthiest families in the world. Although it is extremely difficult to pinpoint King Charles’ exact net worth, it can be said that he is now significantly wealthier than he was prior to the passing of his mother, Queen Elizabeth II.
A partial picture of King Charles’ wealth is available to the public, but due to their extensive holdings and long-standing silence on specifics, it is notoriously difficult to obtain a complete picture.
However, there are some glimpses into the lives, possessions, and properties of the royal family that are currently known.
Here is a look at the billions in assets owned by the royal family in light of the coronation of the eldest son of the late Queen Elizabeth II and the late Prince Philip, scheduled for May 6.
The Estimated Net Worth of King Charles
Now that the new king will officially ascend to the throne, you might be wondering if the new job will pay more. The answer is yes. Given their immense wealth, the royal family is worth a lot of money. And the king is objectively the richest of the group because he is the head of the monarchy.
King Charles III is the current head of state of the United Kingdom after Queen Elizabeth II passed away in September 2022. In addition, he will be formally installed to mark his ascension at a ceremony on Saturday (May 6) at Westminster Abbey.
King Charles reportedly has a net worth of $750 million, according to Celebrity Net Worth. The monarch, who enjoys a lavish lifestyle as a result of his high status, has residences in some of Britain’s most beautiful structures, including Buckingham Palace and Balmoral Castle.
In addition, he serves as the Supreme Governor of the Church of England and Head of the Commonwealth.
Before taking the throne as King, King Charles had a net worth of $100 million. Additionally, it should be noted that although King Charles is also referred to as the King of England; he actually reigns over the United Kingdom, which includes Wales, Scotland, Northern Ireland, and England.
King Charles’ Personal Fortune
The Guardian’s analysis of King Charles III’s personal wealth was released in April 2023. The study was referred to as ‘the first comprehensive audit of the king’s assets’ in the paper. According to the report, a group of journalists worked with 12 valuation specialists from the fields of land, vehicles, property, art, and jewelry on the study.
The Guardian came to the conclusion that King Charles III has an estimated personal wealth of USD 2.25 billion. This includes estimated investments worth USD 178 million, automobiles worth USD 7 million, stamps worth USD 125 million, and 54 privately owned jewels worth USD 667 million.
In addition, the report estimates that the two private properties he inherited from his late mother are worth USD 412 million. A single one of them, the Sandringham estate, is worth USD 313 million. It generates income through commercial leases, rental properties, and its 64 square kilometers of farmland in Norfolk.
Also, King Charles III reportedly made around $3 million by auctioning off some of the horses after his mother passed away, according to the report.
Also Read: Despite Backstabbbing Royal Family, Prince Harry Is Attending King Charles Coronation Ceremony
Source- Celebrity Net Worth; The Guardian