What happened to Queen Elizabeth wealth and castles after death?
What happened to Queen Elizabeth wealth and castles after death? Queen Elizabeth II died on Thursday in her home Balmoral Castle in Scotland. While her majesty has leave $500 million in personal assets and Prince Charles is the real owner of this all. So lets have a look!
Who is going to inherit her fortunate? What happened to all the wealth, art collections and grand castles? After Queen Elizabeth death there are many questions about her personal assets. Who is going to inherit this all? While clearing this main question that her personal assets is mainly passed to Prince Charles when he get crowned!
Their monarchy hold 28 billion of real estate assets as of 2021 which can never be sold and it includes The Crown Estate: $19.5 billion, Buckingham Palace: $4.9 billion, The Duchy of Cornwall: $1.3 billion ,The Duchy of Lancaster: $748 million ,Kensington Palace: $630 million ,The Crown Estate of Scotland: $592 million.
According to Guardian, Queen Elizabeth worth £340million including her property and Duchy of Lancaster private estate. Prince Charles is not only going to became a king but he will inherit Queen fortune and Billions of money. While Queen Elizabeth wealth is owned by entity known as Royal Firm.
Apart from it talking about Queen Elizabeth annual pay income that entitled UK taxpayers’ fund known as the Sovereign Grant. They are originally known as Civil List. Concept behind this Sovereign Grants of monarchy was when King George III made an agreement to get a fixed pay for himself and for his upcoming future generations by surrendering his income from the British Parliament.
The actual amount in 2021 and 2022 is 86 million pounds and this money can eb used by Queen for travel, for maintenance of Buckingham Palace and for other properties as well!
So what are your thoughts over Here is guide to Queen Elizabeth six Royal Residences worth $500 Million? Do let us know in the comment box!
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