list of possessions after the queen’s death

Queen Elizabeth II died yesterday at the age of 96, after seven decades of reign. Charles, her eldest son, became the new King of the United Kingdom immediately after her death. Interestingly, Charles’ succession to the crown has also led some Commonwealth leaders, particularly in the Caribbean, to call for the removal of the British monarch as their head of state. After 70 years, the Queen’s death is causing a stir – and could have consequences for the royal family’s ‘brand’ too. To what extent? It’s too early to tell, but we have a general idea of ​​what’s at stake—at least financially.

The royal family’s business interests — sometimes called “The Company” — are extensive. Forbes estimates that ‘The Firm’ corresponds to a multi-billion dollar business which also brings a significant amount of money into the UK economy every year. Although members of the royal family play largely symbolic roles, they carry financial weight, whether it’s boosting tourism, organizing special, televised events (like jubilees) or even inspirational TV shows like Netflix The crown, or tabloid sagas like the one involving Meghan Markle and Prince Harry in recent years. In short, the Kings have a capable trading handle.

What’s more, the family’s cozy relationship with the press — something Prince Harry once called an “invisible contract” — also helps maintain tabloid ratings and sales.

The monarchy is also supported by taxpayers through a fund called the Sovereign Grant, which rose to more than £86 million in both 2021 and 2022. This is funding available annually to the royal family and pays for travel, property maintenance, and but. Overall, the royal family’s finances are a somewhat complicated web of assets, income and expenses. Here are some of the top financial figures:

  • £86 million: The amount allocated to the royals in 2022 by the Sovereign Grant.
  • £1.29: The cost per person in the UK of Sovereign Grant funding during 2022.
  • £312.7 million: The net revenue gain from the Crown Estate (a collection of various lands and holdings held by the monarchy) in 2021-2022.
  • £652.8 million: The value of assets controlled by the Privy Purse, which is a portfolio of assets held by the Queen.
  • ~$500 million: The estimated amount of the Queen’s personal possessions, according to Business Insider.
  • 28 billion dollars: The estimated value of the monarch’s assets as of 2021, according to Forbes. This includes the Crown Estate (mentioned above), as well as Buckingham Palace, which is valued at nearly $5 billion, the Duchy of Cornwall ($1.3 billion), the Duchy of Lancaster ($748 million), the Kensington Palace ($630 million) and the Crown Estate of Scotland ($592 million).

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