This staggering wealth allowed thequeen to live an insanely lavish life.
The royal family’sofficial websitestates that her residence, Buckingham Palace, boasts 775 rooms, 78 of them bathrooms.
She even employed a staff member to break in all of her footwear (perEvening Standard).
Its value grew by about 50% under Charles.
Now, following the death of his mother, the new king has become even wealthier.
TheBBCidentified the Sovereign Grant as the main source of the royal family’s income.
This private estate earns around $23 million per year for the ruler.
And, of course, the royal family has a vast personal fortune worth an undisclosed amount.
Their privately owned real estate holdings include properties such as Balmoral Castle and Sandringham Estate.
The House of Windsor is even bigger than common household names such as Coca-Cola and Nike.
“It is a very formalized influencer business,” said David Haigh, CEO of Brand Finance.
The value of the monarchy is based on the public’s perception of The Firm and its 1,000-year history.
