Net Worth Of Queen Elizabeth II: The queen, who became monarch at the tender age of 25 and was crowned in 1953, passed suddenly at her Scottish castle at Balmoral Estate after suffering from various health issues over recent years.
After a statement was published in the morning saying she was under medical monitoring and the royals were “concerned about her health,” she passed away in her family’s company.
As a sign of respect, flags around the United Kingdom and the Commonwealth have been lowered to half-staff.
The Guardian reports that now that Queen Elizabeth II has died, her son Prince Charles has been proclaimed king, and a formal proclamation will be made at St. James’s Palace in London in the coming days.
What Was The Total Net Worth Of Queen Elizabeth II When She Passed Away At The Age Of 96?
CelebrityNetWorth said Queen Elizabeth II left behind $600 million when she passed away.
Sandringham House and Balmoral Castle, where the queen ultimately passed away, along with her extensive art and jewelry collections, contributed significantly to her riches, as previously reported by GOBankingRates, citing Forbes. Parade says that whereas Sandringham Estate is worth $65 million, Balmoral Castle is worth $140 million.
The Crown Estate is a collection of mansions owned by the monarchy and is currently valued at $28 billion. Each year, the Queen receives 25% of the revenues from the Crown Estate, while the remaining 75% goes to the British treasury.
More than $475 million in earnings were reported by the Crown Estate in 2020, according to Forbes, with almost $120 million going to the royal family.
According to Parade, Queen Elizabeth’s wealth was boosted by the inheritances of her late relatives.
These sums include the $94 million received from the Queen Mother’s estate at her death in 2022 (including artwork, Faberge eggs, horses, and jewels) and the majority of the $30 million acquired from the estate of her husband, Prince Philip, upon his death in April 2021.
According to Parade, Elizabeth II also benefited monetarily from the “Privy Purse,” an inherited portfolio of landholdings from the Duchy of Lancaster.
Included are farms totaling 45,700 acres in England. According to Town & Country, the Queen will earn $30 million from this “important source of income” in 2020.
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