On Thursday 8 September 2022, Buckingham Palace announced the death of Queen Elizabeth. While the monarch was at her castle in Balmoral, Scotland, her doctors were pessimistic, in the official statement shared earlier this afternoon. Members of the Royal Family were all with her during the day.
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Who will inherit his colossal fortune?
The British are in mourning. But what about the inheritance of Her Majesty, on the throne for 70 years? Indeed, although the exact amount has never been revealed, her fortune is said to be worth several hundred million pounds, making the 96-year-old Queen one of the richest personalities in the world. If part of her wealth will go to her heirs, did you know that the rest will be redistributed to the Crown? Explanations.
Indeed, there is a difference between Elizabeth II's personal fortune and that which will accrue to the Crown, in other words to the government, and indirectly to the people. As for her wealth alone, Her Majesty accumulated, during her lifetime, priceless treasures, such as jewels inherited from her family, an impressive collection of stamps, and her numerous properties.
If her will is kept secret, it will surely be shared between her son Charles, and her many grandchildren. As for the rest of her estate, it will go to her successor.
Part of it goes to the crown!
A major part of Elizabeth II's estate belongs to the Crown, as do all the lands she owns. These lands include many properties, which would go to the next monarch. If Charles does not take the throne, Prince William would inherit all of Her Majesty's ‘public’ property.
This article was translated from Oh!MyMag FR.
Read more:
⋙ Elizabeth II could be the last Queen of England, here’s why
⋙ Queen Consort: Why was Camilla named Queen Consort and not Queen?
⋙ Prince Charles: This is the name the new monarch has chosen