1. The Queen is ranked as the 285th richest person in the world. The three main sources of funding for Queen Elizabeth II are the Sovereign Grant, the Privy Purse and her personal wealth and income.
2. Sovereign Grant is worth £37.9 million estimated - The Sovereign Grant is essentially the Queen's expense account, covering the costs of travel, security, the upkeep of the royal palaces, and staff.
3. Around 15% of the profits are generated by the Crown Estate of royal palaces, farms, entire streets in London, and even parts of the seabed in U.K. waters and used for payouts. The British government manages the estate, and pays the Queen her share.
4. Though the Queen is the legal owner, still, the assets don't belong to her personally that's because she has no control over how the estate is managed. The estate must be preserved for future generations, and the Queen is not allowed to sell it.
5. The Privy Purse estimated worth £16 million - If being the Queen was a regular job, the Privy Purse would be the basic salary for the royal family.
6. Historically, the Queen's income was from the Duchy of Lancaster, a private estate of commercial, agricultural and residential properties that dates back to 1265.
7. The Queen’s income from the Duchy of Lancaster is estimated to £16 million which is used to pay for official and private expenses, including some costs incurred by other members of the royal family who undertake official engagements on her behalf.
8. Personal wealth and income, estimated at £340 million which includes the Balmoral Castle in Scotland, the Sandringham Estate in the east of England. She also owns a valuable stamp collection and numerous works of art worth £75 million.
Queen Elizabeth II has magnificent palaces, valuable artworks and the priceless Crown Jewels at her disposal. But, exactly how rich is she?
Know it well by reading the things mentioned above!