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Now what will happen to the queen’s money? Corgis, palaces and handbags in the mix

Queen Elizabeth II passed away last week – but what will happen to her wealth and investments, and how wealthy was she really?

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“What will happen to his corpse?” It is one of many questions raised since the death of Queen Elizabeth II. The dogs, which the Queen spent decades breeding, began trending on social media around the world and Google searches about them and their future have increased by almost 200%, according to Google.

That question has now been answered – the Queen’s son Prince Andrew and his ex-wife Sarah Ferguson (who still live together despite the divorce) will take him on, a spokesperson for the pair confirmed to the BBC. But what else did the queen have, how much was it worth and what happens to her now that she is dead?

No one knows the Queen’s exact net worth – Britain’s Sunday Times estimated her wealth list at £370 million ($426 million) as of 2022, an increase of £5 million from 2021, an increase that would be more than the Queen’s. The stock market is linked to investing. In 2021, Forbes suggested he has $500 million in assets.

There are two main reasons why his wealth is so difficult to estimate. Firstly, there is no official breakdown of his investments and assets. And secondly, some of the things “owned” by the Queen actually belong to the ruling monarch – whatever they are – or the “royal institution” or “royal firm”, which sees the royal family as a business entity, with subsidiaries. employees and capital.

Using publicly available information, we can get a glimpse of the late monarch’s vast wealth, which was held both privately and through a royal firm, but the Queen’s exact net worth is still shrouded in mystery. and specific figures will likely never be released.

The Queen’s estate – and why King Charles II doesn’t have to pay inheritance tax for his share

Sandringham House is one of the privately owned royal residences of Queen Elizabeth II.

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Balmoral Castle in Scotland, where the Queen spent her final days, and Sandringham House in the English countryside – which sits on a 20,000-acre estate – were two of her personally owned royal private residences.

This makes them unusual – other famous royal buildings such as Buckingham Palace and Windsor Castle are owned by the reigning monarch as part of the royal institution.

The Queen also privately owned the Duchy of Lancaster, which covers 45,000 acres and includes many farms, palaces and commercial buildings. According to the duchy’s financial records, it is worth £652.8 million and made a profit of £24 million last year.

Due to a law enacted in 1933, King Charles III automatically inherits the property and does not have to pay an inheritance tax – usually it is 40 for property over £325,000 ($377,000) in Britain. % is set. So paying taxes on the duchy alone would have cost him around £262.2 million ($300 million). In do.

Not just corgis: racehorses, swans, whales and more

Corgis aren’t the only dogs that were owned and loved by the Queen – throughout her life, she kept at least 30 Labradors, Cocker Spaniels, Corgi-crosses and, of course, Corgis.

The Queen spent decades raising her much-loved Corgis.

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She also loved horses and is estimated to have owned over 100 throughout her life, many of which were racehorses. Earlier this year, sports betting platform OLBG estimated that Queen’s racehorses have won her £8.7 million ($10 million) since 1988. According to statistics, he earned £584,399 ($671,936) in 2021 alone.

Rumors are still swirling about who will take care of the horses now. The Mail on Sunday reported that it is likely the King’s wife, Queen Consort Camilla, while a source told the New York Post that the Queen’s daughter Princess Anne and Anne’s daughter Zara Tindall – both Olympic equestrians – will take over.

The Queen also owns the swans of Britain – or more specifically, all unmarked swans that live in any open body of water in England and Wales – as well as any whale that lives within three miles of the British coast, the sturgeon. and Porpoise. All of these are now handed over to King Charles, as they technically belong to the monarch.

Queen’s Style: From Handbags to Jewelry

The Queen was rarely seen without a small handbag, which often matched her coat and hat. Often she carried bags from the luxury brand Launer London – including her last published photo. The company’s CEO told the Daily Mail in 2016 that the Queen has at least 200 bags – each of which cost around £2,000, according to the Lawner website.

As is the case with his famous color-coordinated coats and hats, it is unclear how much his entire collection is worth and what will happen to his clothing and accessories now.

Queen Elizabeth II in her classic matching outfit, with a Laur London bag.

Photo by Max Mumby/Indigo | Getty Images Entertainment | Getty Images

The collection of royal jewelry, meanwhile, is extensive, and includes hundreds of crowns, crowns, earrings, bracelets, brooches and necklaces covered with gems and diamonds that are worth millions. Some items were privately owned by the Queen, including those she had inherited from her mother, and others belonged to the serving monarch, and would therefore be given to King Charles.

From Blue Chip Investments to Cars to Stamp Collections

High-end cars are also among the Queen’s assets – since learning to drive during World War II, she has built up an extensive car collection including custom made Bentleys, vintage Rolls-Royce models and Jaguars as well as Land Rovers. Also, vehicles cost in lakhs, but the ownership Is Again divided between the private property of the queen and the royal firm or institution.

The situation is similar for the royal art collection, which includes thousands of drawings, paintings and photographs, and the royal stamp collection. The Sun reported that the latter, also known as the Royal Philatelic Collection, is reportedly worth £100 million. Both are traditionally owned by whichever monarch is sitting, so they were not part of the Queen’s personal estate and would now be held by King Charles.

However, his stock market investment strategy contributed to his personal wealth. According to the Sunday Times, British blue chip stocks were one of their top picks, but the exact figures are unknown.

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