Queen Elizabeth has a fortune worth over $500 million — here's where the royal family got their riches
You might say the royal family is old money. Centuries-old money, to be exact.
According to Forbes, Queen Elizabeth II has an estimated private wealth of $530 million. Forbes also reports the British monarchy "contributes nearly £1.8 billion to the UK economy" annually, including £550 million in tourism.
British taxpayers support the family through a "sovereign grant" issued by the treasury. Next year's grant will come out to $104.8 million. That's about 65 pence per year per taxpayer, according to The Boston Globe.
Here's everything you need to know about how the British royal family acquired its millions:
- Meet the 20 highest-paid celebrities in the world, who made a combined $1.7 billion in one year
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