There are two fortunes in the royal family: belongs to the monarchy as belongs to Queen Elizabeth II. The first will surely be inherited directly by Carlos III, who was officially proclaimed king this Saturday. In fact, this is the greatest fortune of the European monarchies: Luxembourg, Liechtenstein and Monaco follow shortly after. Now, the big question is to understand who will inherit everything that belongs to Elizabeth II, who was, by the way, one of the richest people in the world. Adding the two, the value can exceed 16,000 million euros.
What to expect from the coronation of King Carlos III in 8 key points
Accounting for the entire personal fortune of the Queen is a practically impossible exercise, since the highest figure of the monarchy of the United Kingdom was not obliged to declare, or reveal, his private finances. Even so, the list made by the Sunday Times reaches 426 million euros.
But going back to the assets that Carlos III will inherit, the list is equally long and some quite peculiar ones stand out. First, all the swans, dolphins, whales and sturgeons that live within the properties of the British monarchy pass into the hands of the new king. There are around 32,000 swans and these species have lived freely in UK waters for over 800 years.as it was necessary to ensure that the swans were kept away from hunters, who threatened these species.
United Kingdom. Carlos III officially proclaimed king
In addition to the swans and dolphins, the direct heir will own The Crown Estate, which is owned by the crown, and you will receive from here 15% of the profits. And, in total, it will own 1.4% of the territory of the United Kingdom, between more than 100,000 hectares of farms and 11,000 hectares of forests.
The goods that then pass to the new King are exempt from paying taxes. British law stipulates the payment of an inheritance tax in case of inheritances exceeding 375 thousand euros, which does not apply in this case.
Now, apart from the properties that Charles III will inherit, the queen’s personal inheritance can be distributed among her four children: King Charles, Princess Anne, Prince Andrew, Duke of York and Prince Edward, Earl of Wessex, and also for his eight grandchildren. However, the inheritance does not have to be distributed following the principle of equality, since Elizabeth II was free to make her will and could leave out members of the royal family. of this document.
From Balmoral to London. The funeral route of Elizabeth II
In this list of personal effects is Balmoral Castle, the place chosen by the Queen to spend the summer and, incidentally, the place where she died last Thursday. Sandringham Castle, where the royal family often spends the Christmas season, will also have a new owner. and someone goes inherit a vast collection of jewelry and stamps. It is most likely that it will never be known who will inherit what, since the wills of the royal family do not follow the law imposed in that country, which dictates that wills be public.
Source: Observadora
