Queen Margrethe II of Denmark Net Worth

What is Margrethe II's Net Worth?

Margrethe II is a Danish royal who has net worth of $40 million. Queen Margrethe II served as the Queen of Denmark from 1972 until her abdication in early 2024. During her reign, recognized as the longest for a sitting monarch in Danish history, she received 42 official state visits and undertook 55 foreign state visits. Margrethe was succeeded by her son, King Frederik X.

Early Life and Education

Margrethe II was born on April 16, 1940 into the House of Glücksburg in Copenhagen, Denmark. She is the eldest child of Queen Ingrid and King Frederik IX, who were Crown Princess and Crown Prince at the time of her birth. Margrethe was born during the reign of her paternal grandfather Christian X. She has two younger sisters named Benedikte and Anne-Marie. The girls were raised in both Amalienborg Palace and Fredensborg Palace. In 1953, when a constitutional amendment permitted women to inherit the throne, Margrethe became heir presumptive to her father.

As a youth, Margrethe was educated at N. Zahle's School in Copenhagen, and then at North Foreland Lodge in Hampshire, England. She went on to attend Girton College at the University of Cambridge from 1960 to 1961; Aarhus University in Denmark from 1961 to 1962; the Sorbonne in Paris in 1963; and finally the London School of Economics in 1965.

First Royal Appointments

In 1956, Margrethe attended the traditional New Year Courts for the first time. Two years later, when she turned 18, she was given a seat in the Council of State. In the absence of the King, Margrethe chaired the meetings of the Council. Margrethe went on to visit the United States for the first time in 1960, along with Princess Margaretha of Sweden and Princess Astrid of Norway.

Reign as Queen

After her father King Frederik IX passed away in early 1972, Margrethe succeeded to the throne of Denmark. She elected to be called Margrethe II in recognition of the 14th-century Danish regnant Margrethe I. As Queen, Margrethe was tasked with representing Denmark to the world and acting as a unifying force at home. She opened exhibitions, attended anniversary events, inaugurated new infrastructure, and received foreign ambassadors, among other main duties. What Margrethe did not do was participate in Denmark's party politics. Throughout her reign, she held 72 Danish and eight foreign patronages, received 42 official state visits, and undertook 55 foreign state visits.

As Queen, Margrethe's official residences were Amalienborg Palace in Copenhagen and Fredensborg Palace on the island of Zealand in Denmark. During the summer, she resided in Marselisborg Palace in Aarhus and Gråsten Palace in the Jutland region. In the summer of 2023, the Danish Royal House recognized Margrethe as Denmark's longest-reigning sitting monarch. Later in the year, during her annual live New Year's Eve broadcast, Margrethe announced her abdication from the throne. She officially left in early 2024, upon which time she was succeeded by her son Frederik X. Margrethe said that her age was becoming an impediment toward undertaking her duties, citing her extensive back surgery from February 2023.

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Personal Interests

Margrethe is well-known for her many personal interests and hobbies, including archeology, embroidery, painting, and the design of textiles, monograms, sets, and costumes. She has designed and embroidered many vestments and church textiles for churches in Denmark, Germany, and England since the 1970s. Margrethe has also designed several embroideries for the Danish Handcraft Guild, and has designed sets and costumes for both films and stage ballets. Elsewhere, under the pseudonym Ingahild Grathmer, she created the illustrations for Danish editions of the "Lord of the Rings" books.

Health Issues

Margrethe had a variety of health issues during her reign as Queen. In the 1990s and early 00s, she underwent several operations on her right knee due to osteoarthritis and injuries. Margrethe was also treated for cervical cancer, and later underwent an operation for spinal stenosis. In early 2023, she had a major back surgery to address chronic back pain. Margrethe was previously a chainsmoker, but stopped smoking after her 2023 surgery.

Marriage and Family

In 1967, Margrethe married French diplomat Henri de Laborde de Monpezat, whom she had first met while studying in London. He became known as Prince Henrik of Denmark. The couple remained married until Monpezat passed away in early 2018. Together, they had two children: Frederik and Joachim.