As everyone knew, on September 8th of this year, Queen Elizabeth passed away. With that, immediately his eldest son, Charles, became king by being the next to occupy the throne. Despite the sadness of the moment, some bureaucracies need to be respected, including the new king charles fortune III needs to be inherited by him. Due to the long reign of his predecessor, many wonder what the value inherited by the new king would be and what the value of her fortune would be. In this article we talk exactly about that, check it out below.
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How much does the new British king receive?
The new king is the holder of 425 million pounds, local currency, which is equivalent to approximately R$2.5 billion when converted. Despite being a very high value, this is only part of the declared assets of the royal family.
King pays tax?
Although the UK requires people with fortunes above 325 million pounds to pay 40% tax, this law does not apply to the monarch or his/her consort. As with many other responsibilities of a normal citizen, King Charles is not required to give almost half of his money to the government.
Furthermore, the king also does not have to declare all his finances, gaining the right to keep them private. That is, the value we know can be much greater than we imagine it to be! Parallel to this, the new king receives a private inheritance from his mother of 370 million pounds, something around R$ 2.2 billion.
And the rest of the royal family?
It's not just King Charles, the whole family has a lot of money, especially in goods, after all in jewelry alone the value reaches almost R$ 18 million. Just during the 1 year period, between March 2021 and March 2022, the royal family received around 86.3 million pounds (R$516 million) on account of the so-called Sovereign Grant or “Sovereign Grant” in Portuguese.
