Britain's longest-reigning
queen Elizabeth II died at the age of
96 after a 70-year reign.
queen Elizabeth, who came to the throne in 1952, has installed 15 prime ministers in her tenure. When Britain's
king George VI died in 1952, his 25-year-old daughter Elizabeth II became
queen of the country. A few days ago, the
queen congratulated Liz Truss who will be sworn in as the new Prime Minister. The
queen, who always meets the
prime minister at Buckingham Palace, this time met at Palmarel Palace. They had kept Elizabeth under close observation, who suddenly fell ill, and continued to treat her.
It is at this stage that the death of
queen Elizabeth II of
britain has been announced. It has been officially released by Buckingham Palace. It has been announced that her body will be brought to
london tomorrow. The property value of Elizabeth who ruled for 70 years is more than 500 million dollars. The question has also arisen as to what will happen to her assets in her absence. The
queen receives an income from taxpayers called the Sovereign Grant, which is paid annually to the
british government household. It is paid annually to the
british Royal Family. However, this is not the only source of income for the
queen, who today is considered a global
business empire. It generates income. In the 2021-2022 period,
queen Elizabeth received £86 million in grants. This includes
business travel, property maintenance, operation and maintenance expenses, etc. However, this was not the only source of income for the Queen.
A company called Monarchy Plc is a
business empire run by the
queen family. As of 2021, it owns nearly $28 billion in real estate assets, according to a
forbes report. It cannot be sold.
Of this, the Crown Estate - 19.5 billion dollars
Pakimhong Palace - $4.9 billion
The Duchy of Cornwall - $1.3 billion
The Duchy of Lancaster - $748 million
Kensington Palace - $630 million
Crown Estate of
scotland - $592 million
Although the royal family will not be able to make a commercial profit through this, the aim is to boost the economy.
queen Elizabeth also owns expensive paintings, jewelry, real estate properties, and many other investments. Most of this property is said to be given to
prince Charles when he ascends the throne. It is expected that these assets may also be tax-exempt under UK law.