This is the private wealth of the new king of England

May 5, 2023 | 11:02 a.m

he King Charles III of England He is again the protagonist of the overview on the eve of his coronation, on May 6, 2023. King of the United Kingdom, in addition to being the main figure in 54 countries of which it consists UK ParliamentAnd he is too A billionaire with a large personal fortune.

he Personal legacy of King Carlos III He grew even more so after the death of his mother, Queen Elizabeth II. According to Forbes, he inherited $500 million in exclusive estate from the English crown once he became regent. In addition, many of them are tax deductible, as they are heirlooms.

the FPersonal wealth of King Charles III of England reach to 1,815 million pounds The pound sterling, as The Guardian explains. The English monarch’s legacy is equivalent to more than 2,250 million US dollars. Although the newspaper points out that it is sometimes difficult to separate his property from the property of members of the royal family.

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This is the personal property of the millionaire king

The Guardian explains that although King Charles III He walks through palaces, castles and residences, Most of them are not for youYes, but from the English crown. That is, it will be enjoyed as “property” of the person who currently occupies the throne; So, after their succession, they will be inherited from the next in the list.

However, the paper makes it clear Carlos III has personal property. The most famous of them is balmoral, country house 21,725 ​​hectares which he inherited from his mother. It’s the perfect family getaway, which is attended by many family members, including his late ex-wife, Diana Wells.

In addition, he owns a property called Sandringham It is a stunning palace surrounded by two thousand acres of land. Trying to improve real income, for several years Is it possible to visit this castle, located on the northeastern coast of the island of Great Britain. According to The Guardian, this place will be worth up to 250 million pounds.

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The real source of income of King Carlos III

The Guardian determines that the The main source of income for King Carlos III is Duchy of Lancaster. It is an estate of land and property run like a business. The newspaper explains that the exploitation of his duchy reaches profitability 20 million pounds each year.

he Duchy of Lancaster, as the outlet explains, has been criticized for staying on a slightly imprecise form. It is located at about a Security, So it’s not actually royalty, but it is As the sole beneficiary is the King of England. For this reason, their winnings are paid exclusively to the trustee.

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This is the millionaire inheritance of Carlos III

the Inheritance of Carlos III It is also an important source of it Wealth. The British outlet explains that the royal family has a law that exempts them from paying taxes on inheriting property. in this meaning, His estate increased after the death of his mother. In this way, he inherited part of the Royal Jewelry Collectionwith an estimated value of 533 million pounds.

between the Things inherited from Carlos III They find each other Dozens of racehorses One of the best breeds that the Queen was fond of. In addition, it maintains a Stamps Collecting It is considered the largest in the world with a value of more than 100 million pounds.

With information from the Guardian.

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