Sat 22 Apr 2023:
A personal net worth of 1.8 billion pounds, or around 1,84,06,92,60,000, has been accumulated by King Charles III, , according to a new analysis.
The estimated value of his assets was determined by looking at his prized art collection, jewelry, pricey cars, and real estate.
According to The Guardian report, King Charles’s private wealth is estimated to total 1.815 billion pounds. That figure is three times larger than a recent calculation by the Sunday Times, which did not include several of his most valuable assets.
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To catalogue the king’s holdings, a team of Guardian reporters worked with 12 experts who are experienced at valuing land, property, vehicles, art, and jewellery. For more opaque assets, such as the king’s investments in shares and stocks, we drew on the best available clues to make informed estimates.
“The research throws into sharp relief the Windsor family’s most valuable financial asset: total immunity from inheritance tax.” “It has probably allowed Charles to receive his mother’s wealth free of any contribution to the public purse,” the Guardian report said.
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“While we do not comment on private finances, your figures are a highly creative mix of speculation, assumption, and inaccuracy,” said the king’s spokesperson in a statement.
According to the news source, King Charles owns private property valued at 330 million pounds, and he has an abundance of mansions, castles, and palaces to choose from.
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The monarch reportedly owns 23 luxurious four-wheelers, which are stored in the Royal Mews at Buckingham Palace and at Sandringham, his home in Norfolk.
SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES
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