The private fortune of King Charles III. is estimated at £1.8 billion (just over C$3 billion) according to a new study by the British media The guard. That’s almost five times the magazine’s estimate forbes last September.
To calculate the value of the monarch’s fortune, the British daily’s team of journalists worked with no fewer than 12 experts. The latter thus determined the value of the lands, land, cars, works of art and jewels that Charles III. belonged.
Remember that the new sovereign of the United Kingdom inherited many assets from his mother, Queen Elizabeth II, without having to contribute to public funds. This complete immunity from inheritance taxes is also the royal family’s most valuable financial asset, revealed The Guardian.
Note that the figures produced by this research remain approximate as Buckingham Palace is not known for its transparency regarding the fortunes of British monarchs. However, they are significantly higher than those published by Forbes magazine in September, which lists King Charles III’s private fortune. at US$500 million – more than 675 million Canadian dollars.
“While we do not comment on private finances, your figures are a very creative mix of speculation, assumptions and inaccuracies,” a Crown spokesman told UK media.