From the moment of Queen Elizabeth's death, her eldest son Charles became the owner of the royal fortune along with the throne.
SIA reports that it is not known exactly how rich the royal family is. In an article titled "The Rich List" in the British "The Sunday Times" newspaper, the queen's personal fortune was calculated to be 370 million pounds. According to the American TV channel "NBC News", some estimates show that this figure is about one billion pounds.
Since the wealth of the royal family is kept very secret, it is impossible to calculate the exact amount. According to a special law passed in 1993, inheritance tax is not charged if the kingdom passes from monarch to monarch. According to the special charter issued for the protection of royal wealth, King III. Charles will be the first monarch to benefit from this practice. He will not pay inheritance tax on his inheritance from Elizabeth.
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