King Charles III ascended to the throne on May 6 2023 at Westminster Abbey, since then the King’s net worth has significantly increased. A new report of the 2024 Sunday Times Rich List has confirmed that the King has also increased his spot in the rank.
The King’s total net worth has increased by $12.5 million over the past year, bringing his total net worth to approximately $772 million. The new report locates King Charles III above Queen Elizabeth II, whose fortune was estimated to be $470 million in 2022.
The Sunday Times Rich List ranks the 1,000 wealthiest people or families resident in the United Kingdom. King Charles III is ranked at number 258 on this year’s list, climbing 5 spots from the previous year.
The explanation of why King Charles III’s fortune dramatically increased is attributed to the King’s most valuable assets, including the Sandringham and Balmoral estates. It is estimated that King Charles III’s net worth continues to grow exponentially over the next years to come.
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