Her Majesty leaves behind over $500 million in personal assets from her 70 years on the throne, which Prince Charles will inherit when he is crowned king.
So what will Prince William inherit from Queen Elizabeth? After Queen Elizabeth's death, Prince William inherited the Duchy of Cornwall, a private estate worth around $1.2 billion.
Prince Harry and his wife Meghan no longer receive money from the Royal Family, and earn their income from commercial arrangements.
The Princess wore the Queen's necklace in 2014
The Princess of Wales remains the only royal lady to have worn the Nizam of Hyderabad piece besides Queen Elizabeth. In light of the monarch's death, it seems likely the necklace's new ownership falls to Kate, who may be in line to inherit the precious piece.
Currently, Prince William owns the Duchy of Cornwall estate with net assets of 1.2 billion US dollars. The estate includes the Oval cricket ground in south London, Dartmoor Prison and a mega-project of 4,000 dwellings. In addition to this, Prince William will also take over his father's estate at Highgrove House.
In addition to her Will, Princess Diana wrote a “Letter of Wishes” that requested that all of her jewelry and three quarters of her personal belongings (“chattels”) be passed on to her two sons, Prince William and Prince Harry.
Currently, the Duke of Cambridge's net worth is estimated to be around $40 million, but with the addition of the Duchy of Cornwall, Prince William has skyrocketed by a cool $1.3 billion to $1.34 billion.
The “lion's share” of Queen's extensive jewelry collection, according to The Daily Express, will be given to Kate, the new Princess of Wales, but, according to the outlet, Camilla will get first dibs. “The late monarch owned an extraordinary collection of jewelry worth billions of pounds,” The Express reports.
The Duchess of Cambridge is a lucky lady for many reasons. One being that she is now the owner of Princess Diana's most famous jewel. Originally created by British jeweller Garrard, Prince Charles chose this grand sapphire ring for his proposal to Diana in February 1981.
So what will Meghan Markle inherit from Queen Elizabeth? Radar Online reported in September 2022 that both Meghan and Lilibet will be left out of the Queen's inheritance. “There's a very good chance the Queen won't leave either of them any jewels of value,” a source said.
Since the establishment of The Office of The Duke and Duchess of Sussex, 95 percent of the funding received for their Office expenditure is derived from income allocated by HRH The Prince of Wales, generated through the Duchy of Cornwall.
Queen Elizabeth famously gifted various stunning pieces to Princess Kate, Queen Consort Camilla, Sophie, Countess of Wessex, the late Princess Diana, and at least one piece to Duchess Meghan.
Princess Anne
Her assets include a yearly stipend from the queen (opens in new tab), $7 million in jewelry, a home worth $15 million, and a trust fund set up by her grandfather.
As king, Charles inherits the Duchy of Lancaster, a private estate of commercial, agricultural and residential assets owned by royalty since the Middle Ages. The monarch is entitled to use its income and largely uses it to meet official expenditure.
"I've got what my mum left me and without that, we wouldn't have been able to do this," Harry told Oprah in March 2021. "She saw it coming, and I certainly felt her presence throughout this whole process." Prince Harry inherited an estimated $10 million from Princess Diana's estate after her death on August 31, 1997.
2. How Much Money Did Prince Harry Inherit? In the '90s, Queen Elizabeth (aka the Queen Mother) set up a trust fund for her great-grandchildren. At age 21, Prince William and Prince Harry split the first half of their portion, which totaled around £6 million (about $7.8 million).
In the fall of 2020, Kate debuted a new pendant necklace, which appeared to use precious stones from Princess Diana's famed Saudi suite of sapphires—a gift from the Saudi royal family to the late Princess of Wales on the occasion of her wedding, featuring sapphires and diamonds designed to match her Garrard enagement ...
While it may seem unusual that William opted not to have a wedding ring, it is thought he made the decision for practical reasons. A Palace insider told the Mirror at the time: “He's not one for jewellery. He's never worn any. "He decided he didn't want to wear one now.
Princess Diana's iconic sapphire and diamond engagement ring now belongs to Prince William's wife Kate Middleton.
According to the same report, the Queen's engagement ring, which belonged to her mother-in-law Princess Alice of Battenberg, is likely to be inherited by her daughter Princess Anne.
It says that the Spencer Tiara is now set to be inherited by Princess Charlotte. New York Post noted if the crown jewels were left in her will, the recipients would be required to pay a 40 per cent inheritance tax on them.
However, details about how her coffin will be dressed have been revealed. The Royal Standard, a flag that represents the Sovereign and the UK, will be draped on her coffin, accompanied by the Imperial State Crown, complete with more than 3,000 encrusted gemstones.
According to Mirror Online, it has been reported that the overall deal is worth up to $100m.
"Without William, Kate would curtsy to Camilla; with him, she would not," the source continued. "That's unless Prince Charles is present, in which case she would." The order of curtsying, however, can change. This could happen when people marry into the family.
What is Kate Middleton's net worth? Kate Middleton's net worth is $10 million, according to Celebrity Net Worth. Before she married William, Kate worked for Jigsaw, a fashion retailer where she procured jewelry, from 2006 to 2007.