Wednesday, August 10, 2011

Queen Elizabeth II Estimated Net Worth

Annual Salary (government stipend): $12.9 million
Full name: Elizabeth Alexandra Mary
Date Of Birth: 21 April 1926 (age 85)

Queen Elizabeth, 85, has an estimated personal net worth of £300 million according to the May 2011 Sunday Times Rich List. Her wealth comes from property holdings including Balmoral Castle in the Scottish Highlands, stud farms, a fruit farm and marine land throughout the U.K.; extensive art and fine jewelry; and one of the world’s largest stamp collections built by her grandfather. Forbes Magazine estimated her fortune at $500m, matching same estimate as Sunday Times Rich List.

Not included are those assets belonging to the Crown Estate, which she gets to enjoy as Queen, such as $10 billion worth of real estate, Buckingham Palace (estimated to be worth another $5 billion), the Royal Art collection, and unmarked swans on stretches of the Thames. The Crown has claimed ownership of these birds since the 12th century when swan meat was considered a delicacy; they are now no longer eaten. The Queen also receives an annual government stipend of $12.9 million.

Because most of her wealth is tied to her position and not hers personally, she could never sell the royal assets.

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