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The Coronation of King Charles: How Worth Charles III?

when Charles III And when his wife, Lady Camilla, will be crowned on May 6th, the ceremony will sparkle with crown jewels and historic symbols of the monarchy’s vast wealth.

Prince Charles’ net worth has skyrocketed to around $2.3 billion. according to The Guardian reportedly worked with 12 experts to conduct the first “comprehensive audit” of the royal estate.

But some of his most valuable assets are intangible. Charles is exempt from UK inheritance tax. Otherwise, he will lose his 40% of his inheritance. Queen Elizabeth II was worth $500 million when she died last year. Primarily due to ownership of Balmoral Castle in Scotland and her House in Sandringham, England, as well as art, jewelry, investments, real estate and Forbes magazine. last year’s estimate.

Not everyone is pinning Charles’ wealth in the same high esteem as The Guardian.Britain’s Sunday Times Estimate His net worth is approximately $750 million. One of his challenges in assessing the monarch’s wealth is that many of his financial assets are not public, while other assets believed to be owned by the monarchy are actually British. The Guardian points out that it is the property of

The live coronation will begin on May 6 at 5:00 AM ET and will be available for live streaming on CBS TV station or . CBS news and your mobile or streaming device

Here’s what we know about King Charles’ wealth.

Principality of Lancaster: $820 million

The principality consists of monarch-owned private estates spanning some 45,000 acres across England and Wales, from castles such as Lancaster Castle to the commercial complexes of London’s Savoy district.

Lancaster Castle
Lancaster Castle, Lancashire, 2021.

Damian Grady/Getty Images


The estate brought in about $140 million in profits for Queen Elizabeth in the five years before her death, according to The Guardian. The sprawling real estate group’s assets are estimated to be worth around $820 million.

Private jewelery: $670 million

A 94.4 carat pear cut diamond is used in the crown worn by Queen Camilla at her coronation. According to The Guardian, she’s just one of Queen Elizabeth’s privately owned jewels now owned by Prince Charles.

screenshot-2023-05-01-at-8-57-16-am.png
Queen Elizabeth II wearing the African Lesser Stars brooch as she attends a service to mark her Diamond Jubilee at St. Paul’s Cathedral in 2012.

Ben Stansall/AFP/Getty Images


Together, the 54 privately owned gems are worth about $670 million, The Guardian estimates. The diamond used in Camilla’s crown is one of his two jewels called the ‘African Lesser Star’, both of which are usually found in brooches.

of crown jewels — many of which will be on display during the coronation — are state-owned and not part of Charles’ estate.

Balmoral and Sandringham: $415 million

Prince Charles inherited from his mother the Balmoral mansion in Scotland and the Sandringham mansion in Norfolk, where Queen Elizabeth died last year.

british royal art
Balmoral Castle was photographed near Ballater on March 30, 2022.

ANDREW MILLIGAN/POOL/AFP via Getty Images


Balmoral with 53,000 acres is valued at $100 million and Sandringham with its farmland and rental properties is valued at $315 million.

Other royal hangouts in the monarchy, such as Buckingham Palace and Kensington Palace, are actually owned by the state rather than by the monarch.

Race horses, stamp collections and art: $190 million

Queen Elizabeth has about 70 thoroughbreds, valued at $34 million by The Guardian.

The monarch also owns a stamp collection called the Royal Stamp Collection, considered one of the finest in the world. , worth $125 million.

BRITAIN-ROYALS-PHILATELIC-VISIT
Britain’s Queen Elizabeth II explores the collection at the new headquarters of the Royal Stamp Society in London, 26 November 2019.

Tolga Akmen/Pool/AFP via Getty Images


Works by artists such as Monet, Chagall and Dali are worth an additional $30 million, the magazine said.

Investment: $180 million

Prince Charles likely has a sizeable fortune in stocks and other investments, according to The Guardian. Based on a 1993 study of royal stocks in FTSE 100 companies, these holdings are estimated at $180 million. Had the monarch continued to hold on to these investments, they would be worth $150 million today, the paper said.

Assuming the royal family’s private income has been siphoned off into the stock market over the years, the king likely has at least $180 million in stocks and other investments, it said.

Rolls Royce, Bentley and other cars: $8 million

The Guardian said it had identified 23 cars at Buckingham Palace and the Royal Mews at Sandringham, but not all of them personally belonged to Charles.

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A Rolls-Royce state car pictured at the Royal Mews in central London on March 21, 2011.

Dominic Lipinski/AFP via Getty Images


Among privately owned cars is a 1950 Rolls-Royce Phantom IV. This is her one of only 18 made by the manufacturer and was purchased by Queen Elizabeth and her husband Prince Philip before her coronation. The Guardian estimates the car is worth about $3 million. He also estimates the value of the King’s privately owned car at $8 million.

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when Charles III And when his wife, Lady Camilla, will be crowned on May 6th, the ceremony will sparkle with crown jewels and historic symbols of the monarchy’s vast wealth.Prince Charles’ net worth has skyrocketed to around $2.3 billion. according to The Guardian reportedly worked with 12 experts to conduct the first “comprehensive audit” of the royal estate. But some of his most valuable assets are intangible. Charles is exempt from UK inheritance tax. Otherwise, he will lose his 40% of his inheritance. Queen Elizabeth II was worth $500 million when she died last year. Primarily due to ownership of Balmoral Castle in Scotland and her House in Sandringham, England, as well as art, jewelry, investments, real estate and Forbes magazine. last year’s estimate.

Not everyone is pinning Charles’ wealth in the same high esteem as The Guardian.Britain’s Sunday Times Estimate His net worth is approximately $750 million. One of his challenges in assessing the monarch’s wealth is that many of his financial assets are not public, while other assets believed to be owned by the monarchy are actually British. The Guardian points out that it is the property of The live coronation will begin on May 6 at 5:00 AM ET and will be available for live streaming on CBS TV station or . CBS news and your mobile or streaming device

Here’s what we know about King Charles’ wealth.Principality of Lancaster: $820 millionThe principality consists of monarch-owned private estates spanning some 45,000 acres across England and Wales, from castles such as Lancaster Castle to the commercial complexes of London’s Savoy district.

Lancaster Castle, Lancashire, 2021.

Damian Grady/Getty Images

The estate brought in about $140 million in profits for Queen Elizabeth in the five years before her death, according to The Guardian. The sprawling real estate group’s assets are estimated to be worth around $820 million. Private jewelery: $670 millionA 94.4 carat pear cut diamond is used in the crown worn by Queen Camilla at her coronation. According to The Guardian, she’s just one of Queen Elizabeth’s privately owned jewels now owned by Prince Charles.

Queen Elizabeth II wearing the African Lesser Stars brooch as she attends a service to mark her Diamond Jubilee at St. Paul’s Cathedral in 2012.

Ben Stansall/AFP/Getty Images

Together, the 54 privately owned gems are worth about $670 million, The Guardian estimates. The diamond used in Camilla’s crown is one of his two jewels called the ‘African Lesser Star’, both of which are usually found in brooches.

of crown jewels — many of which will be on display during the coronation — are state-owned and not part of Charles’ estate.Balmoral and Sandringham: $415 millionPrince Charles inherited from his mother the Balmoral mansion in Scotland and the Sandringham mansion in Norfolk, where Queen Elizabeth died last year.

Balmoral Castle was photographed near Ballater on March 30, 2022.

ANDREW MILLIGAN/POOL/AFP via Getty Images

Balmoral with 53,000 acres is valued at $100 million and Sandringham with its farmland and rental properties is valued at $315 million. Other royal hangouts in the monarchy, such as Buckingham Palace and Kensington Palace, are actually owned by the state rather than by the monarch. Race horses, stamp collections and art: $190 millionQueen Elizabeth has about 70 thoroughbreds, valued at $34 million by The Guardian. The monarch also owns a stamp collection called the Royal Stamp Collection, considered one of the finest in the world. , worth $125 million.

Britain’s Queen Elizabeth II explores the collection at the new headquarters of the Royal Stamp Society in London, 26 November 2019.

Tolga Akmen/Pool/AFP via Getty Images

Works by artists such as Monet, Chagall and Dali are worth an additional $30 million, the magazine said.

Investment: $180 millionPrince Charles likely has a sizeable fortune in stocks and other investments, according to The Guardian. Based on a 1993 study of royal stocks in FTSE 100 companies, these holdings are estimated at $180 million. Had the monarch continued to hold on to these investments, they would be worth $150 million today, the paper said. Assuming the royal family’s private income has been siphoned off into the stock market over the years, the king likely has at least $180 million in stocks and other investments, it said.Rolls Royce, Bentley and other cars: $8 millionThe Guardian said it had identified 23 cars at Buckingham Palace and the Royal Mews at Sandringham, but not all of them personally belonged to Charles.

A Rolls-Royce state car pictured at the Royal Mews in central London on March 21, 2011.

Dominic Lipinski/AFP via Getty Images

Among privately owned cars is a 1950 Rolls-Royce Phantom IV. This is her one of only 18 made by the manufacturer and was purchased by Queen Elizabeth and her husband Prince Philip before her coronation. The Guardian estimates the car is worth about $3 million. He also estimates the value of the King’s privately owned car at $8 million.

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https://www.cbsnews.com/news/king-charles-coronation-wealth-net-worth/ The Coronation of King Charles: How Worth Charles III?

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