Queen Elizabeth of England Net Worth
What is Queen Elizabeth of England's net worth?
Queen Elizabeth II is the constitutional monarch of sixteen realms of the 53-member Commonwealth of Nations and the Head of the Commonwealth and Supreme Governor of the Church of England. Queen Elizabeth II of England has a net worth of $600 million dollars. Queen Elizabeth II reigns over the 16 nations that make up the Commonwealth of Realms including the United Kingdom, Canada, Australia, New Zealand, Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize, Antigua and Barbuda, and Saint Kitts and Nevis. She is also the head of the Church of England.
Elizabeth Alexandra Mary was born in London, United Kingdom in April 1926. Her parents were Prince Albert, Duke of York, and Elizabeth, Duchess of York. During the Second World War she served in the Auxiliary Territorial Service. She married Prince Philip of Greece and Denmark in 1947. They would go on to have four children including Prince Charles, who would eventually be her heir-apparent to the throne.
When she was born, her grandfather, George the V, was King and her uncle was in-line to inherit the throne. Upon her grandfather's death, her uncle became King Edward VIII. In 1936, just 11 months after ascending to the throne, Edward abdicated so he could marry his American wife Wallis Simpson. When Edward abdicated, the crown passed to his younger brother Albert Frederick Arthur George – Elizabeth's father. He became George VI and reined from 1936 until his death in February 1952.
- Controls - but can't sell - $28 billion worth of assets
- The Crown Estate is worth $19 billion
- The Crown Estate generates $450m in profit per year
- Receives 25% of Crown Estate profits
- Buckingham Palace is worth $5 billion
- Has at least $600 million in personal assets
- Personally owns two castles: Sandringham House and Balmoral
As the eldest child in her family, Elizabeth ascended to the throne in 1952 upon the passing of her father. As such she became queen regnant of the United Kingdom, Canada, Australia, South Africa, New Zealand, Pakistan, and Ceylon. Her coronation was the first in history to be televised. She is also technically the Queen of Jamaica, Barbados, The Bahamas, Grenada, Solomon Islands, Papua New Guinea, Saint Lucia, Saint Vincent and the Grenadines, Belize, Tuvalu, Antigua and Barbuda, Nevis, and Saint Kitts. She is a constitutional monarch and rarely grants interviews.
As of this writing Elizabeth is the longest-serving British monarch in history and one of the longest-serving monarchs ever. The Queen's heir apparent to the throne is her son Charles, Prince of Wales. After Charles ascends, his eldest son William will become Prince of Wales – the designation reserved for the heir to the throne.
As we mentioned previously, Elizabeth has been married to Prince Philip, Duke of Edinburgh since 1947. After Charles they had three children, Princess Anne, Prince Andrew and Prince Edward. As of this writing they have eight grandchildren and seven great-grandchildren. Elizabeth is the patron of more than 600 charities and organizations. She has famously owned Pembroke Welsh Corgis for most of her life.
Contrary to popular belief, Queen Elizabeth is not even close to being the wealthiest woman in the world. Technically she is not even a billionaire. As of this writing, Queen Elizabeth's net worth is $600 million.
Elizabeth's assets are split into two categories: 1) Assets directly owned by her personally and 2) Assets by body called the Crown Estate.
Queen Elizabeth does not own most of her many palaces and assets. The Crown does. This includes the Crown Jewels, which contains more than 140 individual pieces that are considered priceless. These are considered national treasures and part of the royal collection. The monarch is allowed to possess and use them during their reign. The royal collection includes paintings, furniture, tapestries, photographs and other items that are spread out amongst the royal residences. Buckingham Palace and Windsor Castle are also held in trust. They are there for the use of the reigning monarch but cannot be sold by them.
Queen Elizabeth personally owns Balmoral Castle in Scotland and the Sandringham Estate Norfolk, England. She inherited these properties from her father. She personally owns a valuable stock portfolio, several works of art and even a stamp collection.
The Queen's official London residence is Buckingham Palace. Buckingham palace retains the original early 19th-century interior designs. Buckingham Palace remains a symbol and home of the British monarchy, and serves as an art gallery and tourist attraction. For quick weekend getaways she also has access to Windsor Castle.
The Crown Estate
The Crown Estate is essentially a real estate portfolio that is not owned by either Elizabeth or the government. If she did own the Crown Estate personally, Queen Elizabeth's net worth would easily top $25 billion which would make her one of the 50 richest people in the world. And while she may not own the Crown Estate, she does profit from its income. In a given year, the Crown Estate produces around $18 million in income annually for Elizabeth. Another real estate portfolio called the Duchy of Lancaster, produces an income of $27 million per year. Through an entity called the Sovereign Grant, Elizabeth takes 25% of the income produced by the Crown Estate to pay for her family's expenses such as travel, housekeeping and IT costs.
Furthermore, Elizabeth possesses – but does not own – the Royal Collection Trust. The Royal Collection Trust holds the Royal family's art and other priceless works. The trust owns over 1 million objects, most notably 7,000 paintings by artists including like Rembrandt and Leonadro da Vinci. The Royal Collection Trust's collection is easily worth at least $1 billion.
|Net Worth:||$600 Million|
|Date of Birth:||Apr 21, 1926 (96 years old)|
|Height:||5 ft 4 in (1.63 m)|