Charles III He will be crowned on May 6, although he was proclaimed king on September 10, 2022, shortly after the death of his mother, Elizabeth II.

The current monarch has not even been in office for a year, and already has a personal fortune of 600 million pounds sterling ―about $746 million―, almost double what his famous mother made in her lifetime, around £370 million ―about $460 million―, it was revealed The Sunday Times Rich List.

Carlos made his fortune in many waysalong with the inheritance he received from Elizabeth II, such as Balmoral Castle, valued at $98 million, and the Sandringham estate, valued at $310 million.

The origin of the great wealth of the former heir to the throne ―who after the divorce from Lady Di lost about 20 million dollars―, it’s also because he kept some of the profits he got from the Duchy of Cornwall, according to the former councillor.

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He became prudent in keeping some money from the duchy after that destruction. [de capital]. We are not talking about large sums, but several tens of millions, nothing more. It’s been suggested that Camila brought a fair amount of money into their relationship, but that’s actually not true.“, said the former adviser about the period after the split with the Princess of Wales.

The new monarch has also amassed his wealth through very simple actions, such as wearing suits and shoes he bought years ago to avoid spending on new clothes, or turning off the lights to avoid a pay rise. But apart from his thrifty nature, the former adviser to Carlos III commented Sunday Times that Much of Carlos’ wealth comes from the various business ventures he has pursued over the decades.

For example, he sells products created at his OPG, and he also dealt with real estate. In addition, between 2012 and 2022, with Carlos at the helm, the Duchy of Cornwall increased profits by 42.6%, to £25.4 million – more than $31 million.

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How much money do British royals have?

Where does the money for the British royal family come from?

Guard estimated that Carlos III owns private vehicles worth 6.3 million pounds ($7.8 million), a philatelic collection valued at 100 million pounds ($123 million) and art, including works by Salvador Dali and Marc Chagall, valued at 24 million pounds ( 29 million dollars).

Anyway, Buckingham Palace declined to offer its own estimates., holding that the sovereign’s accounts should “remain private, like the accounts of any other individual”.