King Charles Net Worth: What's His Fortune Before And After ... - MARCA

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CELEBRITY NET WORTHCelebrity net worthKing Charles net worth: What's his fortune before and after ascending to the throne?

He became King after Queen Elizabeth II died on Thursday.

• LW

09/09/2022 - 12:00 CDT

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• UK News. Prince Charles will rule as King Charles III with Camilla as Queen Consort, not Queen
• UK News. Queen Elizabeth II: Did Nostradamus predict the death of the owner of the British crown?

After Queen Elizabeth II died, her eldest son, King Charles III is now the constitutional monarch of sixteen realms of the 53-member Commonwealth of Nations as well as the Head of the Commonwealth and Supreme Governor of the Church of England, he formerly hold the title of Prince of Wales.

What's King Charles net worth?

Before he became King, Prince Charles had a fortune valued at around $100 million dollars, mainly due to a real estate trust called the Duchy of Cornwall, which was established in 1337 to provide income for the Prince of Wales and his family.

The several properties of the trust, which include cottages, seaside estates, countryside manors and many more, are believed to generate between $20-30 million dollars in revenue yearly, now his son Prince William will inherit it and be the beneficiary.

But now that he has ascended to the trone, King Charles III has a net worth estimated at around $600 million dollars.

King Charles III and the Crown Estate

Now that he's become the head of the Royal Family, King Charles will profit from the Crown Estate, a real estate portofolio that isn't owned by him or the government, but one who's income he definitely profits from.

The Crown Estate is valued at around $25 billion dollars and it produces an estimate of $20 million dollars in profit every year for the ruler, while other real estate portofolio, known as the Duchy of Lancaster gives the monarch an additional $30 million income annually.

King Charles will now be able to pay for his family's expenses through the Crown Estate's Sovereign Grant, which allows him to use 25% of the income produced by the Crown Estate.

The head of the British Royal Family also possesses, even though it doesn't own, the Royal Collection Trust, which holds the Royal Family's art and other priceless pieces, exceeding the $1 billion dollars in value and having over one million objects, including painting from the most famous artist in history, like Leonardo da Vinci or Rembrandt.

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