Unveiled Report: Estimated Fortunes of the Illustrious Royal Clan
The British royal household, with King Charles III and Queen Camilla at its helm, is a significant institution that carries out numerous duties on behalf of the nation. These duties, as well as the maintenance of the royal residences and the royals' travels, come with associated costs.
According to the latest Sovereign Grant report, the most expensive trip was King Charles and Queen Camilla's visit to Samoa, which cost a staggering 466,000 euros. The royals' travels in the last financial year totaled around 5.5 million euros, with 550,000 euros spent on 141 helicopter flights.
The Sovereign Grant report, a publication that provides financial information about the royal household, reveals that approximately 100 million euros were received from public funds in the financial year 2024/25. This funding covers the official expenses of the royal family, including King Charles III's overseas trips.
The Sovereign Grant is a crucial funding mechanism for the royal household, provided by the government. It is set at 12% of the Crown Estate’s net income. The Crown Estate, a portfolio of properties, land, and rights, includes London's Regent Street and the Ascot racecourse. The income generated from the Crown Estate funds the Sovereign Grant but is not the monarch's private wealth.
The maintenance of the palaces, including a 430 million euro renovation of Buckingham Palace, is also funded by the Sovereign Grant. Thousands of tourists visit the Crown Jewels exhibition at the Tower of London and Buckingham Palace daily, with many inquiring about the wealth of the British royal household.
The total net worth of the British royal household includes several components. King Charles III's personal net worth is estimated at around £640 million (approximately $865 million) as of 2025. This wealth comes from his private estates such as Sandringham and Balmoral, and a valuable investment portfolio inherited from Queen Elizabeth II.
The Duchy of Cornwall, a private estate traditionally held by the Prince of Wales (now Prince William after King Charles’ accession), is valued at about £1 billion ($1.3 billion), contributing substantially to the personal income of the Prince of Wales. The Duchy of Lancaster, held by the reigning monarch, provides a private income to King Charles III, but its exact valuation is less publicized.
Around 35 million euros were paid to staff around the royal family in the last financial year. The heir apparent, Prince William, receives his private income from the Duchy of Cornwall, with around 27 million euros reported for the last year.
While the wealth of the British royal household is substantial, it is difficult to determine a definitive figure. The total combination of these elements reflects both the private wealth of the royal household and the public funding supporting their role.
- The Sovereign Grant report, a publication detailing the royal household's financial information, shows that King Charles III's overseas trips, like the one to Samoa, fall under the official expenses covered by public funds.
- Apart from the public funding, the private estate owned by the Prince of Wales, the Duchy of Cornwall, provides a significant contribution to his personal income, estimated to be around 27 million euros in the last financial year.
