King Charles III Personal Wealth Rises £30 Million to £640 Million
King Charles III Personal Wealth Rises £30 Million to £640 Million

King Charles III Personal Wealth Rises £30 Million to £640 Million

News summary

King Charles III's personal wealth has increased by £30 million over the past year, reaching an estimated £640 million ($850 million), according to the latest Sunday Times Rich List. This rise places him twice as wealthy as his late mother, Queen Elizabeth II, whose fortune was valued at around £370 million ($486 million) before her death. The bulk of Charles's wealth comes from the investment portfolio and private estates, Sandringham and Balmoral, which he inherited from the Queen, with his personal assets now comparable to those of former Prime Minister Rishi Sunak and his wife Akshata Murty. Despite his wealth, the assessment excludes significant royal assets such as the Crown Estate, Duchy of Lancaster, and Crown Jewels, which are held in trust for the nation. Charles's income as Prince of Wales, which was around £23 million annually from the Duchy of Cornwall, has since passed to Prince William. The King has faced a difficult year due to ongoing cancer treatment and personal family challenges, but his financial standing has nonetheless improved notably.

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