Queen Elizabeth II, full name Elizabeth Alexandra Mary, was born on 21 April 1926. She is the first child of Elizabeth Angela Marguerite Bowes-Lyon and Prince Albert (Later King George VI). She is the Head of the Church of England and, in some of her realms, carries the additional title of Defender of the Faith. Elizabeth is a queen regnant of 16 of the 53 Commonwealth countries. She is widely known for her exclusive style of a dress suit, large hat and a handbag. She apparently enjoys wearing the most lavish jewellery in the world, living in multi-million dollar estates, and owning an art collection that makes her one of the wealthiest personalities in England.
So just how rich is Queen Elizabeth II? Forbes magazine estimates that the Queen’s personal wealth is over $550 million, including Balmoral Castle in Scotland, Sandringham House in Norfolk, and several other pieces of real estate, plus an art collection, jewellery – the Crown Jewels have been theoretically valued at over $5 billion, but will never be sold – and a collection of stamps inherited from her father. Of course the royal family has use of many other properties and assets owned by the Crown Estate, valued in 2015 at $16.6 billion, including Buckingham Palace; the Queen’s income is from 15% of Crown Estate profits, which in 2015 was $62 million to her. The Duchy of Lancaster is the Queen’s private estate, a portfolio of land and property, all profits of which go into the Privy Purse and so to the Queen, $23 million in 2015. Total value of all the above has been put at over $20 billion.
Queen Elizabeth II Net Worth $550 Million
Queen Elizabeth II succeeded to the throne after the death of her father in 1952. Elizabeth Alexandra Mary was baptized to carry the names of her mother Elizabeth, George V’s mother Alexandra and her paternal grandmother Mary. Elizabeth along with her sister Princess Margaret, who was four years younger, was educated privately at home under the supervision of her mother and their governess.
Elizabeth’s parents called her Lillibet. Her grandfather, King George V, apparently loved her most and some media sources even called their relationship ideal that hereupon had an enormous positive effect on King George’s health, while he was struggling with a severe illness in the mid- 1930’s.
During the Second World War the suggestion by the senior politician Lord Hailsham was made, that it would be better to evacuate the two princesses to Canada. But Elizabeth’s mother rejected this advice declaring “The children won’t go without me, I won’t leave without the King, and the King will never leave”.
When Elizabeth was 12 years old, she met Philip who was Prince of Denmark and Greece. The following year in 1939 Elizabeth announced of her love for Phillip, although she was only thirteen. Elizabeth and Phillip’s engagement was announced on 9 July 1947. Although there were opinions that he was not good enough for her, because he is foreign-born and because his financial position was not well known, Elizabeth and Phillip married at Westminster Abbey on 20 November 1947. They have four children – a son Charles, heir to the thrown, who was born on 14 November 1948, a daughter, Princess Anne born in 1950, Prince Andrew born 1960, and Prince Edward born in 1964.
Even those who knew very little about the life of Queen Elizabeth, after the marriage of her son Charles to Princess Diana of Wales, they had an opportunity to hear a lot about the Royal family in the 1980’s and 1990’s. After her retirement, Elizabeth’s former governess Crowford published a book “The Little Princess”. It is speculated that the reason for the book was to improve Crowford’s financial status, using Queen Elizabeth’s net worth and fame, but also to raise the image of the royal family among the British population, to show that private family life in the royal household was relatively normal.
Queen Elizabeth II became the longest-reigning monarch in September 2015, surpassing that of her great-grandmother Queen Victoria at 63 years and 215 days.
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