Connect with us

Royal Inheritances: The Surprising Legacy of Queen Elizabeth II

Photos: GETTY

All round

Royal Inheritances: The Surprising Legacy of Queen Elizabeth II

The passing of Queen Elizabeth II in September 2022 has sparked a flurry of questions regarding her estate and the inheritances left behind for her family.

With a complex web of royal finances, not every member of the royal family walked away with a fortune.

In fact, some royals received nothing at all.

Let’s dive into the details of what each royal inherited from the beloved monarch.

King Charles emerged as the primary beneficiary of the Queen’s estate, inheriting the Sovereign Grant.

This annual fund, sourced from taxpayers, supports the British Royal Family.

In exchange for this grant, the royals relinquish their profits from the Crown Estate, which boasts a staggering value of $19 billion.

Each year, the reigning monarch receives 25% of the profits generated by this estate.

For instance, in 2021, the Crown Estate reported a net profit of $361 million, resulting in a Sovereign Grant of $100 million for the Queen – a sum that translates to about $1.50 per UK resident.

Princess Anne also received a share of the Sovereign Grant, although the exact figure remains undisclosed.

Her role during the Queen’s funeral in September 2022 elevated her status, earning her a new royal title.

The specifics of her inheritance may be unclear, but her prominence during such a pivotal moment in royal history certainly did not go unnoticed.

Prince Andrew, like his sister, inherited a portion of the Sovereign Grant.

Additionally, he and his ex-wife, Sarah Ferguson, were gifted two of the Queen’s cherished corgis, named Muick and Sandy.

These dogs had been presented to the Queen by Andrew and his daughters, Beatrice and Eugenie, in 2021, adding a personal touch to his inheritance.

Prince Edward also received a share of the Sovereign Grant, though, similar to his siblings, the exact amount remains unspecified.

The distribution of the grant among the royals highlights the varying degrees of financial support each received from the Queen’s estate.

As for Prince William, he inherited the Duchy of Cornwall, a private estate valued at approximately $1.2 billion.

Before ascending to the throne, King Charles managed this vast estate, which encompasses around 140,000 acres.

In 2018 alone, the Duchy generated about $28 million, indicating that William and Kate can expect a significant income from this source in the future.

Kate Middleton’s inheritance from the Queen is particularly noteworthy.

She received an impressive $110 million worth of jewelry from the Queen’s personal collection, which includes around 300 unique pieces that belonged solely to Her Majesty.

This lavish gift underscores the special bond between Kate and the late Queen, despite rumors of tension with Queen Consort Camilla, who reportedly felt overshadowed by Kate’s popularity.

Turning to Prince Harry, the situation becomes more complicated.

He did not receive any part of the $100 million estate allocated to the royal family.

More in All round

Top stories today

Popular this week

Popular Topics

Trending this month

To Top
yes