Queen Elizabeth Net Worth in Rands

In the fairy tales, queens were depicted with diamonds, gold thrones, bags of precious pearls, and endless money. However, a logical question arises: what could be the queen’s net worth in reality? For this, we need to take the example of a queen of more than half of the world, Queen Elizabeth II, who was respected as a monarch in 54 commonwealth states.

Some people claim that she had a money-making machine, while others say that the Indian diamond on her crown is worth more than hundreds of billion rands. There are serious controversies related to her death and her wealth, but no one is telling the truth. Let’s take a view of her life, investigate her assets, and understand her net worth with a new perspective.

Queen Elizabeth II her Net Worth

• Complete Name: Elizabeth Alexandra Mary Windsor
• Profession: Monarch
• Salary per Month: R27 million
• Estimated Net Worth in: R9.2 billion
• Other Income Sources: Sovereign grants, private income by the Duchy of Lancaster, Royal collection trust, and personal investments.

Queen Elizabeth II was not only a monarch of England but also a motherly figure for all the world. She is the one who raised her voice against racism, modernized the monarchy of England, and promoted unity all around the world. She has visited Africa multiple times to show solidarity with people who have faced the harsh conditions of colonialism.

You have seen her castle, royal treatment, and lavish lifestyle as she was the owner of millions of rands of artwork in castles, she could visit any country without their permission and had a private bank branch in Buckingham Palace. But very few people know that the government of Britain has fixed her monthly salary from the public grants and her Crown Estate holding.

Well, these monarchs are not like previous ones, so they had very low incomes as compared to the other monarchs in the world, and according to an estimate, her monthly income was R27 million. Because she inherited rights to use public resources with restrictions, castles, properties, resources, and money, so her net worth is more than R9.2 billion. The thing that may amuse you is that she had other sources of income, such as her personal investments, private grants, and racehorse business.

Queen Elizabeth II Career As A Monarch

Very few people know that she was not destined to become a queen of more than half of the world, but as you know, sometimes life completely changes and paralyzes you to accept its decisions. Her father became king because of the unfortunate death of his brother Edward III. Considering she was next in line for the throne, she was not mature enough to understand its complications so her family decided to send her for education, where she studied royal history and international affairs.

In the month of February 1952, she departed for a visit to Kenya, and during her tour, she received tragic news that her father had died. It was more than a trauma, and she went back to her country as soon as possible, where she participated in the rituals of the death funeral of a king, which are a bit different from traditional funerals. Anyhow, she became queen because of her lineage in the royal family, as she was the eldest.

After the ascension, she dedicated her entire life to the throne till 8 September 2022 and modernized the monarchy of England. It used to be said that the royal family was a burden on the economy of England, so the government should take all the rights back from the royal family and let them live like normal people, which was a serious threat to the traditions of Britain.

But she modernized the entire monarchy, made monarchs easily accessible, started open sessions, joined weddings in England, and promoted unity among Wales, Scotland, Ireland, and England in order to make the United Kingdom strong.

Sovereign Grants

She had multiple sources of income, but the major one was the public grants, also known as the sovereign grants. Actually, the royal palace has a list of properties under its command, but these properties are controlled by the government, which collects taxes, generates revenue, and then submits money to the treasury of England. So, the government took the money from the people and gave 25% of the grants to the royal palace.

Here, you should know that 25% is a huge amount, and if the queen receives it monthly, she can become a billionaire within a few years, but the money is not the property of the queen or family members but the royal house. Simply put, she cannot spend this money independently, nor can she take money from the royal house. In short, she receives a very small portion of the 25% grants, and it is possible that the queen of England may run out of money.

Duchy Of Lancaster

However, no one wants an empty-pocket queen who just earns a small portion of money from grants that she does not even own. So, the government has given them a way to tackle the financial conditions by receiving rental amounts and investing money. You may know about the Duchy of Lancaster; it is a vast property that has malls, businesses, castles, and apartments.

This large area was under Queen Elizabeth II, and she received rental amounts from houses, malls, and businesses. She has even invested her personal money in a few businesses which were in the Duchy of Lancaster, so there was another source of income. But the problem is still there that the revenue generated by the Duchy of Lancaster was not owned by Queen Elizabeth II alone but by the royal house, and she had a very small portion of the amount.

Other Ways To Get Money

The estimated net worth of Queen Elizabeth II is R9.2 billion, and the sources that are mentioned above are not sufficient to gather this huge amount. Actually, she inherited a great portion of the 9.2 billion rands from royal ancestors, and some of the money was earned by personal investments in the stock market, running partnership businesses, and taking money from the government.

Queen Elizabeth II’s Assets

Castles

Queen Elizabeth II was one of the most fortunate royal personalities to have controlled the major assets of the royal house for a long period. She had multiple properties, including her Duchy of Lancaster, Castle of Windsor, Buckingham Palace, Sandringham House, Balmoral Castle, and Holyroodhouse.

Other Things

Queen Elizabeth II had billions of rands, pearls, diamonds, and gold pieces of jewelry belonging to her ancestors. She also had a royal yacht known as Britannia and millions of rands worth of vehicles. For example, she owned a Rolls Royce Phantom, a Bentley State Limousine, and various vintage cars.

Being a queen of England is not as easy as it seems because she has to show her devotion, take an interest in the affairs of the world, participate in the rituals of the royal family, and control the royal assets. In this context, Queen Elizabeth II has proven that she is the best monarch Britain has ever seen. We should acknowledge her struggle and appreciate the efforts she has made for the state.