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Charles III's fortune surpasses that of Elizabeth II

Charles III, 74 years old, who will be officially crowned this Saturday (6), has a greater fortune than that of his mother, Elizabeth II - whose inheritance he accumulated with the assets from when he was just Prince of Wales.

After receiving in September, when the iconic queen left, the inheritance valued at 360 million pounds (US$449 million or R$2,245 billion), the fortune of the new British monarch will rise to 600 million pounds (US$748 million or R $3,740 billion), The Times estimated.

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According to a source close to the royal family cited by the newspaper, charles iii he pursued an ambitious investment policy to replenish his coffers after his divorce from Diana.

The separation cost him 17 million pounds in 1996 (around R$26 million at the time).

However, the then Prince of Wales already enjoyed the benefits of the Duchy of Cornwall, the income from which was received from his mother's accession to the throne, in 1952, until her death, in 2022.

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This was a heritage created in the 14th century to give financial independence to the royal heir. In practice, he does not own the goods, but receives the profits produced until he is crowned.

In an ITV documentary in 2019, Camilla confirmed that for Charles, the duchy “brings together everything he is passionate about”.

The future king regularly visited the farms he rented to farmers and encouraged them to use sustainable farming methods.

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In addition to 260 farms, the duchy owns 52.450 hectares of land and receives £345 million in rent from commercial properties.

Charles III even created a town, Poundbury, on the outskirts of Dorchester, where he applied his architectural preferences.

Under his leadership, the Duchy grew in size. In its latest annual report, it reported more than £1 billion in assets, a record.

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The heir received profits totaling 23 million pounds (about R$144 million), an increase of more than 40% in fifteen years.

Although the Queen's will is not public, it is known that Balmoral Castle – where the royal family spends holidays – and the Sandringham estate are among the properties inherited by Charles, unlike Buckingham Palace and Windsor Castle, that belong to the state.

Another historic symbol of the British monarchy, the “crown jewels”, which represent several billion pounds, are also the property of the nation and are therefore excluded from the assessment of the royal fortune.

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However, the State pays the king a “sovereign grant” that corresponds to a quarter of the income generated by the “Crown Estate” – a vast fund made up of real estate assets and all the country's offshore wind farms. The remaining commission goes to the Treasury.

This donation reached 86,4 million pounds (approximately R$652 million) in 2021-2022.

A third and final fund completes the royal fortune: the Duchy of Lancaster, controlled by the monarch, which contributed 2022 million pounds (R$24 million) to the queen in 147,9.

When it comes to assessing the total wealth of Crown funds, “I don’t think anyone knows how much that represents,” admits Kertesz.

In a series of articles entitled “The Cost of the Crown”, the left-wing British newspaper The Guardian attempted to assess the royal fortune, making the decision to include the assets of the Duchy of Lancaster – which are legally defined as controlled by the state - the full benefit of which goes to the monarch.

The paper also includes luxury vehicles, technically owned by the state but used by the royal family.

As a result, the fortune of Charles III would reach 1,8 billion pounds (US$2,244 billion or R$11,320 billion)

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