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Queen Elizabeth II’s net worth, six other things to know

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Queen Elizabeth of United Kingdom and other Commonwealth realms today, April 21, 2022, clocks 96.The Queen’s net worth is an aggregate from property, jewelry and other assets.

Queen Elizabeth’s net worth

Although, the queen’s personal fortune has been the subject of speculation for many years, there are however pointers which gives her worth.

According to her former private secretary and a director of her bank, Coutts, Queen worth an equivalent of about £29 million in 2020

In 1993, Buckingham Palace called estimates of £100 million “grossly overstated”.

In 2002, she inherited an estate worth an estimated £70 million from her mother. The Sunday Times Rich List 2020 estimated her personal wealth at £350 million, making her the 372nd richest person in the UK.

Queen was number one on the list when it began in the Sunday Times Rich List 1989, with a reported wealth of £5.2 billion, which included state assets that were not hers personally,(approximately £13.2 billion in today’s value).

The Royal Collection, which includes thousands of historic works of art and the Crown Jewels, is not owned personally but is described as being held in trust by the Queen for her successors and the nation, as are her official residences, such as Buckingham Palace and Windsor Castle, and the Duchy of Lancaster, a property portfolio valued at £472 million in 2015.

Sandringham House in Norfolk and Balmoral Castle in Aberdeenshire are personally owned by the Queen. The Crown Estate, which is a collection of lands and holdings in the United Kingdom belonging to the British monarch as a corporation sole, making it “the sovereign’s public estate”, which is neither government property nor part of the monarch’s private estate – with holdings of £14.3 billion in 2019 – is held in trust and cannot be sold or owned by her in a personal capacity.

Car collection

The Queen learnt to drive during World War II but is not required to have a licence by virtue of her royal status. As of 2016, it was estimated that she had a car collection estimated to be worth £10 million, according to car dealer Car Keys, which included vintage Rolls-Royces and Jaguars.

Handbags

Queen Elizabeth is said to own hundreds of handbags with more than 200 alone being by luxury London designer Launer, according to company CEO Gerald Bodmer. The average price tag for such an accessory is around £1,900.

Race horses

The Queen is renowned for her love of horse racing and, having owned horses for nearly 70 years, has one huge amounts of prize money across the decades.

According to Business Insider, Queen Elizabeth worth between $530 million as at 2018 estimate, making her 12th richest World Royalty.

Queen Elizabeth accension, reign

Her husband, Prince Philip on 6 February 1952, broke the news of king’s to her while in Kenya. She was then 25 years old. Consequently Elizabeth’s immediate accession to the throne and she chose to retain Elizabeth as her regnal name; thus she was called Elizabeth II. She and the Duke of Edinburgh moved into Buckingham Palace. Their marriage lasted 73 years until Prince Philip died in 2021.

Queen Elizabeth has being on the throne for more than 70 years, making her Britain’s longest-reigning monarch.

Elizabeth Alexandra Mary

Elizabeth II birthname is Elizabeth Alexandra Mary, born 21 April 1926.

Queen of 15 Commonwealth realms

Commonwealth realm is a sovereign state in the Commonwealth of Nations that has Elizabeth II as its monarch and head of state. Each realm functions as an independent state, equal with the other realms and nations of the Commonwealth.

These realms include There are 15 Commonwealth realms: Antigua and Barbuda, Australia, The Bahamas, Belize, Canada, Grenada, Jamaica, New Zealand, Papua New Guinea, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, the Solomon Islands, Tuvalu, and the United Kingdom.

Queen also receives salary to rule

Queen Elizabeth, like country presidents, gets paid. She receives a stipend, called Soverign Grant, from the government each year, according to Reader’s Digest, and the money is connected to her position.

The stipend includes taxpayer money and the Duchy of Lancaster, another collection of commercial properties that helps fund the Queen’s private income. These homes aren’t a part of the Crown Estate, though.

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