As reported by the “Daily Mail,” these estimates are considered the closest to the actual situation.
The finances of the British royal family have always been shrouded in mystery. Legal frameworks and careful planning have made their true net worth nearly impossible to determine.
Even after Queen Elizabeth II’s passing in 2022, the distribution of her personal wealth was not disclosed. In line with tradition, her will remained sealed. Their family wealth is estimated to be around 88 Billion.
One challenge in estimating the family’s wealth lies in distinguishing between personal and state-owned assets. For example, Buckingham Palace, valued at over a billion pounds, is not the private property of the royal family. Instead, it is part of the state’s heritage.
Key Players and Their Wealth
Prince William is currently considered the richest member of the royal family, with an estimated fortune of £1.05 billion ($1.365 billion in USD). His primary financial asset is the Duchy of Cornwall, which generates an annual income of approximately £24 million. Additionally, inheritances from Princess Diana and the Queen Mother make up a significant portion of his wealth.
King Charles III, with a fortune of £900 million (($1.17 billion in USD), inherited the Duchy of Lancaster and a portion of Queen Elizabeth’s personal assets, including art collections, jewelry, and other valuables. His income comes primarily from the duchy and what is known as the “Privy Purse.”
Princess Anne’s wealth is estimated at £50 million, $26 American dollars. Much of this comes from her Gatcombe Park estate and income from agricultural activities and public engagements.
Prince Harry and Meghan Markle have a combined fortune of around £20 million. They rely heavily on commercial deals with platforms like Netflix and Spotify, along with an inheritance from Princess Diana.
The rest of the royal family, including Princess Kate, Prince Edward, and Princess Sophie, have smaller fortunes but still benefit significantly from state funds such as the “Sovereign Grant.”
The ‘Poorest’ Member of the Royal Family
After Queen Elizabeth’s death, Marie Claire reported that the wealth of Camilla, now Queen Consort and wife of King Charles III, was around $5 million in September 2022.
Before marrying officer Andrew Parker-Bowles in 1973, Camilla worked as a secretary at several companies in London’s West End, followed by a position as a receptionist at the interior decoration company Sibyl Colefax & John Fowler.
It is unlikely that she could have earned millions from these positions. Marie Claire reported that her wealth grew through various ventures, including property ownership and income from the Duchy of Cornwall.
Camilla is known to own a beautiful country house, which she purchased for £850,000 after her divorce from Parker-Bowles. Her parents, Major Bruce Shand and mother Rosalind Cubitt, came from aristocratic families. The Cubitts left Camilla an inheritance of around £500,000.