The respected British Royal Family is revered throughout different nations, whether you admire them for their set birthrights or a slew of leadership abilities. Power, status, and, perhaps most significantly, money appear to be the hallmarks of royalty. The British royal family has a lot of money, from huge oil reserves to considerable philanthropic gifts.
Surprisingly, the majority of the money required to sustain the British monarchy comes from the royal family’s personal riches, rather than from the public. These royals are able to spend their inheritances, crown estates, and allowances to the fullest when it comes to enjoying the finer things in life.
We can’t immediately engage in their lavish lifestyle of fine jewelry, fine art, and acres of property, but we can have a cup of herbal tea with our pinkies lifted in the air, of course, and exult in their substantial net worths. Let’s see how much each member of the Royal family is worth!
Camilla Parker Bowles
Net Worth: $5 Million
According to Go Banking Rates, Camilla Parker Bowles is formally known as Camilla, Duchess of Cornwall. She has been married to Prince Charles since April 2005, with no prenuptial agreement, according to reports. Parker Bowles is believed to be a kind, self-sufficient woman who has her own money.
Net Worth: $10 Million
Kate Middleton’s business family has an estimated wealth of $50 million owing to their firm, Party Pieces, which is merely a fraction of the British royal family’s net worth. Her expenditures including staff, travel, and official attire are covered by Prince Charles. The Duchess of Cambridge, who has been married to Prince William since 2011, volunteers for a variety of charities, with a special focus on children’s concerns.
Net Worth: $30 Million
Prince William is the second in line to the throne and the eldest son of Prince Charles and the late Princess Diana. A $12.3 million inheritance from Diana’s estate on his 30th birthday in 2012 accounts for a significant chunk of the future king’s net worth.
Prince William worked for East Anglian Air Ambulance as a helicopter pilot despite his wealth as a member of the British royal family. The prince now works full-time as a royal and donated his whole $62,000 yearly pay to charity. Both he and his wife, Kate Middleton, have the titles of Duke and Duchess of Cambridge, and their formal responsibilities are growing as Prince William’s grandmother and Queen Elizabeth II retire at the age of 96.
Net Worth: $60 Million
Family is still family, even if Prince Harry and Meghan Markle no longer legally represent the Queen and will no longer use their official titles. The former “Suits” actress’ net worth has soared from an estimated $10 million in April to $60 million now.
Net Worth: $60 Million
In 2015, Prince Harry, who had served in the British Army for ten years, withdrew from his formal royal duties. He was a captain in the Army Air Corps with an estimated yearly pay of $45,000 before he left the military.
Following his 30th birthday in September 2014, when he received an estimated $12.3 million inheritance from his late mother, Princess Diana’s estate, his royal net worth skyrocketed. Prince Harry’s fortune has risen to an estimated $60 million thanks to the lucrative partnerships he and Markle have struck for their Archewell Productions and Archewell Audio labels for Netflix and Spotify, respectively. He now lives in a $14.7 million mansion in Montecito, California.
Net Worth: $100 Million
Prince Charles, the next in line to the throne, is reported to have a net worth of $100 million. He has access to the Duchy of Cornwall’s resources, which pay for Charles and his children’s public, private, and charity expenses as the future king.
Queen Elizabeth II
Net Worth: $600 Million
Her investments in jewelry, art, and her two privately held homes, Sandringham House and Balmoral Castle can be attributed to Queen Elizabeth II’s personal wealth. She also owns the Crown Estate, which includes Buckingham Palace, the Duchy of Lancaster, the Duchy of Cornwall, Kensington Palace, and the Crown Estate Scotland, which totals about $28 billion.
These assets are not hers to sell, although the royal family does receive 25% of the revenues from the Crown Estate income. It is the British government’s responsibility to pay for the remainder of it.
For example, in the fiscal year that ends on March 31, 2020. Profits from the Crown Estate totaled more than $475 million. Official costs, including travel, payroll, security, and so on, were paid out of the estimated $120 million allocated to the royals.
Windsor Castle’s Worth
The British royal family’s “second residence” has traditionally been Windsor Castle, which is located outside of London. When King George V chose Windsor as his residence in 1917 during World War I, it was built in 1070 and is now worth $326 million, which is a good thing because it inspired the royal family’s house name of Windsor.
The reigning monarch to the right of the Crown, like Windsor Castle, owns the palace. Unlike Sandringham House and Balmoral Castle, occupied royal residences are not part of the Crown Estate and are not the monarch’s personal property, as per The Money.