He has just become king and is already outspent by the third. Charles

Third. As ruler, Caroli inherits things that belong to the Crown as an institution, so this includes Crown property, which can also be described as a land-keeper, and the Crown Jewels also belong to this. According to estimates by Forbes, these properties and lands together are worth about £33 billion (14,260 billion forints).

• One of the most important sources of wealth for the royal family is the Crown Monarchy, that is, the crown property, which is associated with the status of the British royal family as rulers. This includes income from real estate, land, and other commercial interests held by the monarchy.
• The support of British taxpayers flows into the sovereign fund, which also increases the wealth of the royal family.
• Private wealth associated with individual property and investments is also an important part of the story.

Many well-known properties in London can be classified as royal estate, such as Regent Street and the land on the coast of the United Kingdom.

Their annual expenses exceed their income

The British Royal House is a CNN On Thursday, it released its annual financial statement, which revealed that official spending for 2022-2023 will exceed total royalties and other royal income.

The high costs have been attributed to an exceptional transition period in the royal budget, during which they had to spend outstanding sums:

• secondly. A large sum was also spent on Queen Elizabeth’s funeral last year;
• And the third. the coronation of King Charles in May;
• The ongoing renovation project for Buckingham Palace also required few resources.

Overall, the royal household’s net expenses were reported as £107.5 million (46,233.6 million forint), compared to £86.3 million (37,116 million forint) for the monarch’s allowance and £9.8 million (4,215 million forint) with additional income.