The Secrets and Riches of Meghan Markle and the Royal Family
Find out how Meghan Markle, the Queen, and the rest of the royal family make their money and what they spend it on!
The Queen’s Personal Net Worth
Shaun Jeffers/Shutterstock
According to Forbes, Queen Elizabeth II has an estimated net worth of $530 million. The Queen has three primary sources of income, including the Sovereign Grant – an annual lump sum from the government, the Duchy of Lancaster (the family’s biggest piece of land), and her very own properties and investments. Moreover, the Sovereign Grant is mainly an expense account, covering the Queen’s cost of travel, security, staff, and palaces maintenance.
In 2016 alone, the Queen received $58 million tax-free from the Sovereign grant. That payment was projected to balloon by seventy-eight percent to $103 million in 2019. One of the main reasons that the cost rose so much is that the family is currently financing an extensive renovation of Buckingham Palace.
You must be logged in to post a comment Login