King Charles, the Prince of Wales, is reportedly richer than his late mother Queen Elizabeth, according to The Sunday Times Rich List. The report claimed that the King’s wealth is nearly double that of the late Queen’s, with his personal net worth being estimated at £600 million. In contrast, the late Queen’s net worth was calculated at £370 million last year.
The Sunday Times Rich List further claims that King Charles’ wealth surpasses that of British singer Sir Elton John and celebrity couple Victoria and David Beckham. The report suggests that the King carefully rebuilt his finances following his multi-million pound divorce from Princess Diana in the 1990s.
These findings come as The Guardian is publishing a series of articles on the hidden wealth of the royal family, under the title “Cost of the crown”. The newspaper recently reported that Queen Elizabeth and King Charles made money by selling horses received as gifts from foreign friends.
The revelation of King Charles’ personal wealth has led to discussions on the disparity between his wealth and the living conditions faced by many people in the UK. The revelation of the King’s wealth also raises questions about the role of the monarchy and their position in society.
The issue of the monarchy’s finances has been a contentious issue for years, with critics arguing that the royal family should be more transparent about their income and spending. The revelation of King Charles’ personal wealth is likely to intensify calls for greater transparency and accountability from the monarchy.
