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Queen Elizabeth is the richest member of the royal family. And now that she’s already 95 years old, it’s not unusual to wonder what will happen to her $500 million net worth when she dies.
While the queen’s passing is not a welcome thought, the recent loss of Prince Philip at 99 proved that anything can happen at any given time.
So, here’s a look at what may potentially happen to the queen’s fortune after her passing – and one can only hope that it won’t be soon.
The queen’s fortune
According to reports, the monarch’s income is generated by the Crown Estate – which holds approximately $15 billion worth of properties across the United Kingdom. From this, approximately 15 percent of the income generated from the Crown Estate is given to the queen for use on her travel costs and royal events.
The queen also makes a huge sum of money from the Royal Collection Trust, which is an organization that is in charge of the royal family’s art and other priceless works.
In 2017, Forbes listed the monarchy at worth $88 billion. Back then, the queen’s net worth was also estimated at $520 million.
Four years passed and the queen’s net worth increased by $30 million. So, for as long as she’s alive, it’s highly likely for her net worth to increase.
The queen owns another real estate portfolio known as the Duchy of Lancaster, which generates $27 million income per year. She also gets 25 percent of the income produced from the Sovereign Grant.
Who will inherit her fortune?
In true royal fashion, the queen’s successor, Prince Charles will inherit most of the queen’s properties as the monarch like Sandringham and Balmoral Castle. However, it is important to note that the queen also has personal properties, and she has the right to distribute them to her loved ones any way she wants.
Since the queen has four children, she will most likely leave her personal properties to each one of them. And if there’s more than enough to go around, the monarch will pass it on to her grandchildren.
This isn’t surprising because even the Queen Mother did this. Following her death, she gave a huge sum of money to her great-grandchildren, Prince William, and Prince Harry.
In fact, Harper’s Bazaar pointed out that the Queen Mother left a much bigger amount to Prince Harry because he’s not bound to be the future king of the British monarchy.
Prince Philip’s fortune
The queen reportedly received the majority of her husband’s $30 million net worth.
While Prince Philip’s fortune is nothing compared to the queen’s, the latter was still the one that will benefit from it the most because she’s still alive.
Part of the Duke of Edinburgh’s money will also be distributed among his four children, Prince Charles, Princess Anne, Prince Andrew, and Prince Edward.
However, the exact amount that each of them will receive remains unknown. It is also unclear if Prince Philip left some money for his grandchildren.
Royal family members net worth
Even though the queen’s children and possibly her grandchildren are expected to receive some money after her passing, they won’t be solely relying on it to survive. After all, all members of the queen’s immediate family are also worth millions.
According to Celebrity Net Worth, Prince William’s income is estimated at $30 million. His wife, Kate Middleton has an income of roughly around $10 million.
Prince Charles and Camilla Parker Bowles have a combined net worth of $105 million.
Princess Anne has a net worth of $30 million. Even though she’s not as public as the other senior working royals, Princess Royal has been dubbed as the hardest-working member of the royal family for two consecutive years.
Prince Andrew’s net worth is estimated at $45 million. The Duke of York’s net worth may decrease in the coming years because he no longer serves as a senior working member of the British clan.
Just like Prince Andrew, Prince Edward also has an estimated net worth of $45 million. His wife, Sophie, Countess of Wessex, who has been one of the queen’s strongest allies, is worth $10 million.
The queen’s grandchildren are also set for life. Prince Harry and Meghan Markle’s combined net worth is estimated at $10 million. This amount used to be bigger before they quit their royal duties.
Princess Anne’s children, Peter Phillips, and Zara Tindall are both worth $20 million. And Prince Andrew’s children, Princess Beatrice and Princess Eugenie are both worth $10 million.
Source: Harper's Bazaar, Celebrity Net Worth, Town & Country, Elle, Forbes