Beautiful Virgin Islands

Monday, Jun 23, 2025

How Rich Is King Charles? His Wealth Explained In 5 Points

How Rich Is King Charles? His Wealth Explained In 5 Points

King Charles is just days away from being officially crowned as the King of Great Britain. But little is known about how much money he makes or how much he's worth.
King Charles is just days away from being officially crowned as the King of Great Britain. But little is known about how much money he makes or how much he's worth.

Here are five points on King Charles' wealth:

1. In 1990, Charles launched his Duchy Originals range of Organic Oak Biscuits, which later expanded to other products, according to Wall Street Journal (WSJ). The products were sold exclusively in British supermarket Waitrose. Last year, the brand reported a profit of more than $4 million, which was donated to Prince of Wales's charitable foundation.

2. As the heir to the throne, Charles also controls the Duchy of Cornwall estate, which according to WSJ is worth $1.3 billion. It covers almost 130,000 acres of land across England. The outlet further said that the value of its net assets have increased 44 per cent since 2012. Charles raked in $28.3 million from the estate in 2022 as rental income.

3. King Charles also inherited the Duchy of Lancaster from his mother, worth around $800 million. It consists of more than 45,000 acres of commercial, agricultural and residential properties in England and Wales. The earnings from this land is private income for the monarch.

4. King Charles doesn't have to pay income tax on Duchy revenue. However, he is expected to follow the footsteps of his mother and pay income tax after deducting money spent on official duties.

5. Further, a large part of King Charles' income comes from the Sovereign Grant, which is paid annually to the monarch by the British government. It is the profit the UK government makes from swathes of land handed over by the monarchy to them. Last year, it totalled more than $106 million. This money is used to fund the monarch's official duties and maintain royal residences, including Buckingham Palace.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
×