At the beginning it should be said: Actually nobody knows how rich Queen Elizabeth II really was and what assets the royal family actually has. In addition, many goods have to be separated: Because everything that belongs to the “Crown Estate”, i.e. the crown property owned by the British Crown, is not private property and therefore cannot be silvered.
Nonetheless, the British lineage has managed to amass vast assets over the centuries, making Queen Elizabeth II arguably the richest person on the planet – albeit in theory, as the vast estates and lands, such as London’s Hyde Park, are not easily sold could.
Billion dollar art collection
In addition to large cash assets, there are also rarities from all over the world in the possession of the British monarch or in the portfolio of the “Crown Estate”. These include gigantic diamonds, above all the Cullinan diamond, which adorns numerous pieces of jewelry of the Queen in nine parts. But hundreds of luxury handbags, dresses, Fabergé eggs and paintings can also be attributed to the royal family, which Queen Elizabeth II in particular always protected, developed and expanded.
The wealth of the royals also includes expensive racehorses and their profits – the royal steeds are said to have won over 400 races over the years. The “HMY Britannia”, the royal yacht, was also part of the riches, although today it is only a museum ship.
Hamburg Royal
The collections cover every imaginable area: Priceless armor from long-dead ancestors, stamps, castles and country estates as well as properties throughout England are attributed to the crown. It is theoretically correct to say that Queen Elizabeth II owns a McDonald’s. Because on one of the royal properties, more precisely the Banbury Gateway Shopping Park, there is one.
There are numerous estimates of the Queen’s liquid wealth, ranging from several billion pounds sterling down to half a billion. What is true of it should remain classified for a long time.
Hard figures remain a secret – and no one pays taxes either
There are two reasons for this: First, royal wills are sealed for 90 years and are only published if the royal family agrees. Secondly, to date there is no inheritance tax for the British royal family, let alone capital gains tax on stock gains or corporation tax for the Duchies of Lancaster and Cornwall. This results in a lack of reliable documents with real figures, the publication of which would be almost impossible anyway.
The only things that are public about the royal fortune are exhibitions of the riches, which you can visit – often for an entrance fee. And guess who gets that money.
Source: Stern
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