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Saturday, October 19, 2024

Queen Elizabeth II leaves $ 437 million worth of assets

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Queen Elizabeth II‘s death was officially announcedcame with a note from Buckingham Palace: “Her Majesty died peacefully this afternoon. The King and Queen consort will stay at Balmoral tonight and return to London tomorrow.”

The new King, Charles III of the United Kingdom, said: “It is a moment of great sadness for me and for the whole family. We are deeply saddened by the passing of a dear Sovereign and a much loved Mother. I know her loss.

it will be deeply felt across the country, the Kingdoms and the Commponwealth. During this time of mourning and change, my family and I will be comforted and supported by our awareness of the respect and deep affection in which the Queen was so widely regarded.”

Liz Truss, the new British Prime Minister, who spoke to the nation from Downing Street, said: “Queen Elizabeth’s death is a shock to the nation and to the whole world, she was a rock upon which the country was built.

A great era begins, God save the King! And let’s support him, now loyalty and devotion to Charles III.”

Queen Elizabeth II leaves $ 437 million worth of assets

Queen Elizabeth II leaves behind a $ 437 million fortune, which the new king, HM King Charles III will now have to manage wisely and sparingly.

Sovereign Grant Act brought the Queen $ 103 million. Privy Purse, the income the Queen receives from the properties of the Duchy of Lancaster is another millions of dollars that they bring to the Kingdom. Elizabeth II is estimated to have left her heirs $ 437 million, while the total fortune of the royal family would be about $ 85 billion, according to Forbes.

According to official annual reports, Elizabeth II and her many heirs each year receive income from taxes, property, and assets to support the Crown in particular from two acts approved by the chamber in favor of the rulers.

About the new King, the official coronation in the presence of the archbishop of Canterbury will actually take place a few months after the death of the sovereign and of course she will also change the national anthem which will no longer be God save the Queen but God save the King. Even the royal coat of arms used for the missives will never be the same again.

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