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How rich is King Charles after his coronation? His net worth reached US$2.3 billion after the British monarch inherited horses, art, Buckingham Palace and crown jewels from the late Queen Elizabeth

STORYAmeena Navab
King Charles ascended to the throne at his coronation on May 6. Photos: @balmoral_castle/Instagram, AP, Getty Images
King Charles ascended to the throne at his coronation on May 6. Photos: @balmoral_castle/Instagram, AP, Getty Images
King Charles III

  • King Charles’ monumental coronation saw A-list guests from Tom Cruise to Lionel Richie in attendance, but now that he’s officially king and after Queen Elizabeth’s death, how much is he really worth?
  • A new report claims that his fortune is in the billions, with inheritances including his mum’s Rolls-Royce Phantom VI and Bentley State Limousine, property, art by Monet, Chagall and Dalí, and more

King Charles just got a whole lot richer.

Britain’s King Charles and Queen Camilla stand on the balcony of Buckingham Palace after their coronation ceremony, in London, on May 6. Photo: AP
Britain’s King Charles and Queen Camilla stand on the balcony of Buckingham Palace after their coronation ceremony, in London, on May 6. Photo: AP
While his recent crowning event – which included A-list guests like Tom Cruise and Lionel Richie – might have been lavish, it’s nothing compared to the humongous net worth that King Charles now has thanks to him ascending the throne.
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Before he became a monarch, Charles’ fortune was said to be around US$100 million, as previously reported. But after the death of his mother, the late Queen Elizabeth, and his crowning, King Charles is now said to have a net worth of around US$2.3 billion, per The Guardian. This new figure is believed to surpass the queen’s fortune before her death, per CBS News.

King Charles and Queen Camilla are carried in the Gold State Coach, pulled by eight Windsor Greys, in The Coronation Procession as they return along The Mall to Buckingham Palace, London, following their coronation ceremony. Photo: dpa
King Charles and Queen Camilla are carried in the Gold State Coach, pulled by eight Windsor Greys, in The Coronation Procession as they return along The Mall to Buckingham Palace, London, following their coronation ceremony. Photo: dpa

Though the exact digits and labels of his billion-dollar assets are not publicly known, here are some of the items that are said to be in King Charles’ possession as of his coronation.

Queen Elizabeth’s US$500 million assets

The late Queen Elizabeth had a penchant for precious brooches. Photo: @RoyalFamily/Twitter
The late Queen Elizabeth had a penchant for precious brooches. Photo: @RoyalFamily/Twitter
After Queen Elizabeth’s passing, it’s estimated that Charles, 74, inherited around U$500 million worth of assets from his late mother, per Forbes. While the public doesn’t know exactly what he inherited, it’s speculated that this added fortune includes Queen Elizabeth’s personal investments, jewellery, real estate holdings and much more.

Horses, arts and stamps

Camilla, Queen Consort, feeds carrots to horses as she attends a reception to thank the community of Aberdeenshire for their organisation and support following the death of Queen Elizabeth at Station Square, the Victoria and Albert Halls, Ballater, in October 2022. Photo: Reuters
Camilla, Queen Consort, feeds carrots to horses as she attends a reception to thank the community of Aberdeenshire for their organisation and support following the death of Queen Elizabeth at Station Square, the Victoria and Albert Halls, Ballater, in October 2022. Photo: Reuters

The late queen clearly had an appreciation for horses. According to The Guardian, she owned about 70 thoroughbreds valued at US$34 million. The same report stated that Charles earned around US$3 million from selling some of the horses at auction after the death of his mother.

Meanwhile, Charles is also believed to have inherited the queen’s rare and priceless stamp collection, The Royal Philatelic. CBS News stated that it’s considered the best stamp collection in the world. The stamps come from different parts of the globe including Laos, Canada and many other nations, and are estimated to be worth at least US$125 million in total, per The Guardian.