Queen Elizabeth II
According to various reports, Queen Elizabeth II is estimated to have a net worth of $600 million. Annually, the government disburses a consolidated payment to Queen Elizabeth, referred to as the Sovereign Grant. In the most recent financial disclosures, the grant amounted to $100 million for the year 2020. Out of this sum, $60 million were allocated as a core fund to cover official travel, property upkeep, and household operational expenditures for the Queen. Simultaneously, the remaining portion was dedicated to the restoration and maintenance of Buckingham Palace.
The Sovereign Grant is funded by public funds and serves to cover the Queen’s official expenses, in return for the revenue generated by the Crown Estate. The Crown Estate, with a portfolio valued at approximately $17 billion, encompasses various real estate holdings across the UK. Although owned by the monarch during their reign, it is important to note that the Crown Estate does not constitute the Queen’s personal property.