Queen Elizabeth II is one of the most iconic personalities of the century. She is the longest ruling monarch of the UK and about 16 countries in the world which include U.K., Australia, Canada and New Zealand. She is the Head of the Commonwealth of countries. Now let’s have a close look on Queen Elizabeth’s net worth in 2018.
Queen Elizabeth Early Life
Queen Elizabeth II was born on 21 April 1926 in London in the royal family of U.K. She was born to Queen Elizabeth I, the Queen Mother and King George VI. She had her education through private tutor at home. She has a sister Princess Margaret, who was born in 1930. Her father King George VI ascended to the throne in 1936 and since then she became the heir apparent.
She was married to Prince Philip, the Duke of Edinburgh, in 1947. The royal couple had four children: Prince Charles, the Prince of Wales; Princess Anne; Prince Andrew, the Duke of York; and Prince Edward, the Earl of Essex. Prince Charles, being the eldest son, is the heir to the British throne.
She became the Queen in 1952 and her coronation was the first to be televised. She is the constitutional monarch, recognized by the British constitution and parliament. She also holds several constitutional titles and positions.
Queen Elizabeth Career, Awards & Achievement
Even before she became the queen, Queen Elizabeth undertook public duties during the Second World War. In 1942, she was appointed as honorary colonel of the Grenadier Guards. Parliamentary laws were amended to make her a Counsellors of State in the absence of her father King George VI.
In February 1945, she served in the Auxiliary Territorial Service. She undertook training for driver and mechanic and got the rank of junior commander.
After her accession as the Queen on 6 Feb. 1952, she took up the role of head of several independent states, which were a part of the British Empire and later came to be called as Commonwealth of Nations.
Beginning with her 1957 visit to US and her addressed to the United Nations General Assembly, she has played an important and crucial role in the world politics. She was instrumental in the abolition of apartheid in South Africa; bringing peace in the matters of Suez Canal crisis, the war in Falkland Islands and Grenada.
She toured these countries extensively and becoming the first reigning monarch of Australia and New Zealand to visit those nations. She has made a number of state visits to countries and tours of the Commonwealth countries. Due to her longest reign as Queen, she has become the most widely travelled head of state in the world.
Awards & Achievements
As the Queen herself is the one who gives the most coveted awards like the Knighthood, it is strange and unthinkable to expect that Queen Elizabeth II would herself be a recipient of award.
However, here is an unusual trivia of an award given to her. For the London Olympics opening ceremony in 2012, the Queen she played herself in a short film with the star Daniel Craig playing the character of super spy James Bond. For this, she was given an honorary BAFTA award to celebrate her patronage to the film industry. In a lighter vein, she was also called the most memorable Bond girl, at the BAFTA award ceremony.
Net Worth of Queen Elizabeth II
The net worth of Queen Elizabeth II is estimated to be over $600 million. Her personal properties include the Sandringham House in Norfolk, which is worth $70 million and Balmoral Castle in Scotland, which is pegged at $150 million. The latter is the summer home of the Queen and her family.
The queen also gets 15% share in the incomes of the Crown Trust which has been vested with the crown properties. She gets around $60 million per year from this trust, which generates an annual income in excess of $400 million.
The trust includes the Crown Estate, the Crown Jewels and also Buckingham Palace, which itself is worth more than $8 billion. Also included is the $10 billion worth of royal art collection.
It also owns part of central London, including properties in Regent Street and buildings in St. James. Among its other properties are 263,000 acres of farmland and orchards; vast stretches of seaside and seashore properties in U.K. and many more, the value of which exceeds $20 billion. The royal family also owns all the unmarked swans in England.
The Crown Estate was formed at the time of King George III, who was heavily indebted. The trust holds and manages the properties and an annual income is given to the royal family.
The Duchy of Lancaster with about 50,000 acres of property fetches the Queen an annual income of about $20 million per year.
The British government also grants an annual privy purse worth about $13 million, for personal expenses to the Queen.
However, a point to note is that these are not personal properties of the queen, which mean that she and her successors can only inherit these and enjoy the income arising out of these, but cannot sell them off. The Queen is not featured in any Billionaires List, but she remains one of the richest and most influential women in the world.
At 91 years of age, Queen Elizabeth II is not only the richest women in the world; she is lo the longest serving monarch in the world. Besides the inheritances she owns as the Queen, she also has considerable personal property which she has inherited from her father King George VI, as well as the Queen Mother Elizabeth. Queen Elizabeth II owns priceless collections of postage stamps, jewelry and furniture. The world wishes the Queen and her husband Prince Philip a long life and a Platinum Jubilee of the Queen’s accession in 2022.