Before her death, Queen Elizabeth II was one of the world’s wealthiest royals and citizens. As a result, her death prompted royal fans to delve into the fortune she left behind.
The Queen died Thursday at Balmoral Castle, just hours after her doctors expressed concern about her health.
The monarchy was estimated to be worth $88 billion after she died. Despite the enormous sum, Forbes estimates Queen Elizabeth II’s net worth in 2022 will be around $500 million.
According to the magazine, most of her estate would be inherited by her son and successor, King Charles III.
In recent years, Queen Elizabeth II has received millions of dollars from her loved ones. She received $85 million from her mother, Queen Mother, when she died. In the meantime, her husband, Prince Philip, left her $12 million.
The Crown Estate, a multibillion-dollar property estate, provided most of Queen Elizabeth II’s net worth. According to the latest financial report from the royal family, Crown Estate has assets and real estate worth $34.3 billion.
It includes, among other things, Buckingham Palace and Kensington Palace. The Crown estate will be passed on to King Charles III, her successor and current reigning monarch.
The royal family receives 15% of its earnings. The royal family received $47 million from its $311 million earnings in the most recent fiscal year.
Although having a net worth of $500 million is impressive, Queen Elizabeth II had a much larger sum in the past.
Queen Elizabeth II had a net worth of $530 million in 2016. According to the Sunday Times Rich List, it fell to $412 million in 2020, with Queen Elizabeth II’s rank dropping in recent years due to her declining net worth.
Royal fans thought the pandemic impacted the amount because of the Queen’s decision to temporarily close Buckingham Palace and other royal palaces due to the COVID-19 pandemic.
Nonetheless, she continued to receive private income from the Privy Purse. The estate owns over 315 residential properties worth more than $500 million.
The items in the Royal Collection and her Crown Jewels increased Queen Elizabeth II’s net worth.
It is unknown what her net worth would be after she died, particularly since King Charles III would inherit most of it.