What will King Charles III inherit from the late Queen?

Will he have to pay inheritance tax?

And how large is his personal fortune and estate? 

by: Simon Wilson 23 SEP 2022

King Charles: much of his wealth belongs not to him personally,but to the Crown.

Unless Elizabeth II has given her family an almighty shock by overturning all

dynastic principles stretching back centuries.Charles III will be inheriting,

along with the Crown, a large personal fortune.We can’t know for certain 

how much: the late monarch’s personal will is not due to be made public until 2112.

Most commentators assume that Charles is inheriting the Queen’s

privately owned estates – Balmoral and Sandringham,including

the Royal Studs –as well as her collection of jewellery, art and

rare stamps.The stamps are important: the queen’s personal

collection is valued at £100m alone.Adding in speculative figures 

for financial investments, Forbes recently put the Queen’s total

private net worth at $500m.That’s in the same ballpark as the 

most recent Sunday Times Rich List guesstimate (£370m) and that
of a third widely cited estimate by author David McClure,author

of The Queen’s True Worth, who reckons £400m.

Not a billionaire, then?Not unless you count assets, worth tens 

of billions, that are owned by the monarch in trust as sovereign, 

or “in right of the Crown”. These include nine royal palaces, castles

and residences worth a total of $9.5bn (reckons Forbes, which values

Buckingham Palace alone at $4.9bn)The Crown Jewels are worth

about $4bn (according to a 2019 estimate by theRoyal Institution of 

Chartered Surveyors). The rest of the Royal Collection (including

artworks by Rembrandt, Vermeer, Caravaggio and Leonardo Da Vinci)
adds another $8.7bn, according toone 2017 estimate.