How Much Is The Royal Family Worth?

The worth of the British royal family

What are celebrities if not perfectly positioned for a bit of gossip? In the case of the British Royal family, their sole purpose seems to be, more or less, to be gossiped about. From making public appearances that involve little more than smiling and waving, to allowing the world to bare witness to their weddings, is there anything the royal family can do without eyes being on them, and speculation being rife as to what their next move will be?

On that note, let’s do a good bit of gossiping and speculation about the family now. Namely, as to what the net worth of each member of the most prominent members of the royal family is. You probably have some idea that they must have a little cash between them to go around. But, did you know it’s probably a great deal more than you’re imagining?

So, put on your best gossip hat, and let’s take a closer look.

The Sum Of All Parts

First, let’s take the royal family as a collective, get a starting point and then determine where the individual amounts are located. Overall, Forbes estimated that the British royal family has a worth of around $88 billion. This is only speculation though, since the royal family is allowed some sort of privacy.

On the other hand, it should also be kept in mind that this constantly watched family also contributes to the British economy, not in the least due to the fact that countless tourists flock into the country to gape in awe at the palace and buy up as much merchandise as can fit into their luggage. Each of the royal family even has an official wardrobe, in case you didn’t know, which can be bought. So how much does it all earn the British economy? Oh, just about $1.8 billion annually.

Queen Elizabeth II

The Queen, 91 years old, may not be as rich as you’re imagining, at least not in the grand scheme of things. Oh, who are we kidding, she’s absolutely loaded. She is worth around $520 million, which comes directly from the so-called Sovereign Grant. The Crown Estate generates an income, 15% of which is handed over to the Queen. That percentage is set to increase to 25% over the coming 10 years, which will be funnelled directly into keeping Buckingham Palace renovated, and pleasing tourists.

Prince Philip

Philip, the Duke of Edinburgh and the Queen’s husband seems to have drawn the short end of the stick. He’s worth only a miserable $30 million. Though, to be fair, his sovereign grant is listed as being in order to ensure he can perform his duties, and support the Queen. So it becomes clear who wears the pants around the Palace. His duties include, in case you’re wondering, attending events by the Queen’s side, and giving various speeches.

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Prince Charles

Prince Charles is worth around $400 million, according to Wealth-X. His money comes from the private estate referred to as the Duchy of Cornwall. This is a fund that supports whoever has the official title of the Prince of Wales, and his family. This fund extends to his two sons, William and Harry and their wives Kate and Meghan.

Princes William and Harry

Princes William and Harry see their value sitting at around $40 million each. Their running expenses are covered by the aforementioned Duchy of Cornwall fund, so they are able to save the massive inheritance from the late Princess Diana and her estate. Though, William also received an annual income of around $62,000 for a while, earned by flying a helicopter as an air ambulance pilot. This income he donated to charity, something that would have pleased his late mother immensely.

Duchess of Sussex

Lastly, we have the most recent addition to the royal family, the Duchess of Sussex. Also known as Meghan Markle, the actress now married to Prince Harry has a lesser net worth, sitting at around $5 million. This she earned as an actress prior to the marriage. This amount she can sit on though, given that, once again, the Duchy of Cornwall covers all her expenses. This apparently includes her wardrobe, the lucky lady.