King Charles III is currently facing numerous challenges, including ongoing cancer treatment. The monarch was diagnosed with cancer a few months ago. And has been undergoing treatment while still performing his royal duties. Amidst the difficulties, there is good news for the monarch, and he has found a reason to smile; keep reading to find out.
King Charles Has Another Reason To Smile
In the midst of his ongoing battle with cancer and various family problems, King Charles has found a reason to smile. A recent data reveals that his personal wealth has seen a significant increase. This makes him the 258th wealthiest person in the United Kingdom. Moreover, estimated net worth is now about $770 million.
This rise in wealth is a notable achievement for Your Majesty, keeping in mind that he has a lot on his plate. Over the past year, King Charles’s net worth has grown by $12 million. This increase is mainly due to the rise in the value of his property holdings.
According to the 2024 Sunday Times Rich List, he is now significantly wealthier than his late mother, Queen Elizabeth II. Before her death in September 2022, Queen Elizabeth had an impressive net worth of $468 million. King Charles inherited private estates such as Sandringham in Norfolk and Balmoral in Aberdeenshire from the late Queen.
These estates are contributing very much to his wealth. The outlet has only taken into account his personal assets. It means that they have excluded the Crown Estate, the Duchy of Lancaster, and the Crown Jewels, which he holds in trust for the country.
A deeper look at King’s wealth
Royal family fans know King Charles III was the former Prince of Wales. While he was the Prince, he made about £23 million a year from the Duchy of Cornwall. He used this money to pay for his family’s personal expenses and the costs of his staff, office, and official homes. After his mother passed away, Charles became King and is now ranked 258th among the UK’s wealthiest people.
King Charles and Princess Diana got officially divorced in 1996 with a settlement of $21 million. A former advisor said that Charles rebuilt his wealth by saving money from the Duchy of Cornwall, a $1 billion estate with land, farms, and other properties.
The advisor mentioned that Charles started saving more money after the divorce. He saved up several tens of millions. Additionally, the aide clarified that Camilla did not bring significant money into their relationship, even though rumours suggested otherwise.
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