Queen Elizabeth II of Great Britain passed away on the 8th of September 2022 at the age of 96 while she was at Balmoral Castle, in Scotland. She served as the longest reigning monarch in history.

Net Worth

Queen Elizabeth II’s net worth is estimated to have been in the region of $500 million (£430 million) in personal assets. These will need to be distributed to her heirs.

Net Worth

She was the head of a $28 billion (£24.1 billion) empire called Monarchy PLC. While she did not personally own it, it belongs to the crown and the royal family, over which she presided.

As the queen’s eldest son, Prince Charles was always next in line to reign. He is now officially King Charles III and is the new reigning monarch over the United Kingdom and 14 other Commonwealth realms.

As the heir, he is in place to inherit most of Queen Elizabeth II’s net worth fortune.

Two big contributors to the Queen's wealth are her fully paid-for private homes. The Balmoral Castle ($140M) and Sandringham House ($65M).

The Queen also owned scores of expensive artwork, investments, and liquid capital.

The Crown Estate: $19.5B The Scottish Crown Estate: $592M Buckingham Palace: $4.9B and many others

Queen Elizabeth II was in charge of various estates and corporations worth billions of dollars/pounds.

But the Queen did work, and she did receive funds from various income streams. Here are some of the ways she made money.

1. Monarchy PLC

Also referred to as the “Royal Firm”, Monarchy PLC is made up of senior members of the royal household. The queen headed the firm which is valued at $28 billion.

2. The Privy Purse

It is a trust that holds a portfolio of properties and assets that date back 700 years. It provides income to the monarchy from the Duchy of Lancaster.

2. The Privy Purse

It is a trust that holds a portfolio of properties and assets that date back 700 years. It provides income to the monarchy from the Duchy of Lancaster.

3. Inheritance

Queen Elizabeth II inherited $81 million in assets from her mother when she died in 2002. As a royal, she receives a tax break on inheritance taxes which are usually levied at 40% by the revenue services.

4. Sovereign Grant

The Queen used to receive income through taxpayer funds which were paid annually to the royal family for the upkeep of the monarchy. The grant equated to around $86 million in 2021-2022.

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