Wealth News

The latest wealth stories, summarized by AI

More Wealth Stories

King Charles' Wealth Surpasses Late Queen's After Financial Rebuilding.
wealth2 years ago

King Charles' Wealth Surpasses Late Queen's After Financial Rebuilding.

King Charles has reportedly amassed a personal net worth of £600 million, surpassing that of his late mother, Queen Elizabeth II. He earned much of his fortune from the Duchy of Cornwall, which he took over in 1969, and the Sandringham Estate and Balmoral Castle. He also owns a line of foods and produce called Duchy Originals, which donates all profits to charity. Despite his wealth, he is known to be frugal and environmentally conscious. His coronation ceremony is set for May 6, but reports suggest it has been thrown into chaos. Prince Harry will attend the ceremony without his wife, Meghan Markle.

The Wealth of King Charles: From Biscuits to a Golden Throne.
wealth2 years ago

The Wealth of King Charles: From Biscuits to a Golden Throne.

King Charles has a personal fortune of nearly $750 million, according to The Sunday Times. He is worth about $285 million more than the late Queen. Charles became scrupulous with his finances after divorcing Princess Diana and began saving profits from the Duchy of Cornwall. A large chunk of his fortune comes from the Sandringham estate in Norfolk, estimated to be worth £245 million, and Balmoral castle in Aberdeenshire, Scotland, worth £210 million. As King, Charles is now in control of the Crown Estate, worth about £15.6 billion.