This is the power of Queen Elizabeth
For a long time, Queen Elizabeth II tried to keep her personal wealth hidden. In fact, she even ensured through a law that her loot was not made public. But we can all guess that it's quite a hefty sum. She owns several palaces, diamond tiaras, a golden piano (very extra), and all of Hyde Park. But just how rich is our queen exactly? In other words: what’s in her bank account? We are all naturally very curious about that. However, this turns out to be quite a complicated issue since many of the Queen's possessions actually belong to the ‘Royal Firm’. It's high time to look into this further.
The Royal Firm: 28 billion dollars
If we are to believe Forbes Magazine, ‘The Firm’ owns nearly 28 billion dollars. This consists of: the Crown Estate which owns 19.5 billion dollars, Buckingham Palace valued at 4.9 billion dollars, the Duchy of Cornwall which owns 1.3 billion dollars, that of Lancaster 748 million dollars, Kensington Palace is estimated at 630 million dollars, and the Crown Estate Scotland owns 592 million dollars. My god, what a lot of money. But not all that money belongs to the British royals; part of it belongs to the British treasury. The Estate officially belongs to the reigning monarch (Queen E II), but it is not private property and is also not owned by the government. Instead, it is managed by an external board. According to Forbes, the Estate earned 475 million dollars in profit last year. The royals received 25 percent of that, and the rest goes into the infamous treasury. Ah, I could live quite well on that 25 percent too.
Personal assets: 500 million dollars
According to The Sunday Times, just her stamp collection is estimated at 100 million pounds. I am very curious about what special stamps are included in that. I still have some childhood stamps from back in the day; I’ll see if I can make a profit from those. Well, this asset includes all her personal investments, a gigantic art collection, jewelry collection, and real estate. Her Majesty is quite well off.
Inheritance from her mother: 70 million pounds
It is estimated that the Queen's mother left behind about 70 million pounds, which included serious art pieces. According to the BBC, the queen decided to transfer the most important works to the Royal Collection, where they are preserved for and by the state. What a generous woman she is. By the way, she also inherited ten million pounds from Prince Philip, including a collection of paintings by Edward Seago and three thousand books. Those books will undoubtedly also be worth a fortune, so if she finds herself short on cash, she can always sell her books.
Long story short: Queen Elizabeth is rich. Very, very rich.
Source: Cosmopolitan US
