British monarch's fortunes soar; 100 crores within a year

By: 600011 On: May 19, 2024, 9:12 AM

 

Have you ever wondered how much Britain's King Charles III is worth? According to the latest report, King Charles' net worth has increased significantly. Charles is currently the 258th richest person in the UK with a net worth of $770 million.

According to the Sunday Times Rich List of 2024, Charles' personal wealth increased by $12 million last year. Charles is currently richer than Queen Elizabeth, Charles' mother and Queen of Britain. Queen Elizabeth passed away in September 2022. The Queen's personal fortune at the time of her death was $468 million.


After his mother's death, King Charles took over the private estates of Sandringham in Norfolk and Balmoral in Aberdeenshire. These assets have increased his income. He owns the Crown Estate and the Duchy of Lancaster.

The Sunday Times only considered Charles' personal assets to calculate his net worth.

Charles was recently diagnosed with cancer. During his tenure as Prince of Wales, Charles earned around £23 million a year from the Duchy of Cornwall. He spent this amount on unofficial expenses of himself and his family and on official expenses of personal staff, office and official housing.

Charles, who took over as head of state after his mother's death, is currently ranked 258th in the UK's 350 wealthiest individuals and families and was ranked 263rd in 2023.