The Queen’s fortune has been disclosed, creating a stir in the royal circle after it was revealed that at the time of her passing, she possessed an estimated wealth of £68.5 billion.
The Irish Mirror unveiled that Her Majesty’s net worth primarily comprised the assets of the royal family.
However, despite the monarch’s overall wealth reaching into the billions, her personal fortune is believed to be significantly lower, in the hundreds of millions range.
In 2021, Forbes approximated her personal wealth, which was reported to include investments, art, jewels, and real estate, to be around £430 million.
Nevertheless, the Sunday Times Rich List pegged her wealth at £370 million in 2022.
Despite these estimations, The Guardian highlighted that the Queen’s true net worth has never been publicly disclosed.
The Guardian also noted that back in the 1970s, the Queen had urged the government to alter the law to shield her precise wealth level from public scrutiny, citing reasons of potential embarrassment.
The substantial fortune she leaves behind is set to be inherited by King Charles III, subsequent to the Queen’s demise on September 8th at Balmoral Castle in Scotland.
The King is expected to receive the majority of his late mother’s nearly half a billion pound estate.
In 2017, the royal family’s collective worth was estimated at £68.5 billion, dispersed among various members including King Charles, his wife Queen Consort Camilla the Duchess of Cornwall, Prince William, his wife Kate the Duchess of Cambridge, Princess Anne, Prince Edward the Queen’s youngest son, and his wife Sophie the Countess of Wessex, according to Forbes.
Following the recent approval by King Charles III, a new bank holiday has been scheduled for Monday, September 19th, to commemorate his mother’s funeral.
King Charles III, along with his siblings, stood vigil by Queen Elizabeth‘s coffin on Friday, attracting tens of thousands of mourners who queued for up to 24 hours to pay their final respects during her lying-in-state.
Clad in military attire, Charles, Princess Anne, Princes Andrew and Edward stood solemnly with bowed heads during the 15-minute vigil at Westminster Hall.
The British royal family, including some of the Queen’s great-grandchildren, observed the vigil from a gallery while thousands of individuals from diverse backgrounds and age groups paid their respects by filing past the coffin to honor the Queen, who passed away in Scotland on September 8th at the age of 96 after a reign spanning 70 years.
Despite the anticipated wait and cold temperatures, mourners continued to line up along the Thames and over the river to Westminster Hall, expressing their love and admiration for the late monarch.
“We have been deeply moved by the outpouring of emotion and the overwhelming number of people who have shown their love, admiration, and respect for such a remarkable and extraordinary individual,” remarked Prince Edward, the Queen’s youngest son.
Rosie Beddows, a 57-year-old from Sussex, shared her emotional experience of passing by the guarded coffin alongside her family, describing it as a profoundly moving and beautiful moment.
She expressed her elation at seeing the King and voiced her belief in his capabilities as a future monarch.
Despite the lengthy queues and repeated warnings, individuals flocked to Southwark Park to join the line, many exuding high spirits and a sense of reverence for the late Queen.
