King Charles III is worth significantly more than he was last year.
U.K. publication The Sunday Times published their annual “Rich List” on Friday, May 16, which is a look at the finances of some of Britian’s biggest names. Charles, 76, did not make it into the top 10, but his estimated £640 million (which converts to nearly $850 million) is still impressive.
According to the newspaper, Charles’ estimated net worth rose by close to £30 million (which converts to nearly $40 million) from 2024 to 2025. The list also noted that Charles significantly rebuilt his finances after his £17 million divorce (which converts to $22 million) from Princess Diana in 1996.
The most recent Sunday Times “Rich Lists” have revealed that Charles is significantly wealthier than his mother, Queen Elizabeth II, ever was prior to her September 2022 death at age 96. It was estimated that she reached a net worth of $486 million.
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Us Weekly previously reported that Charles makes nearly $25 million a year as the King of England.
Biographer Robert Hardman previously weighed in on the royal family’s wealth during an interview with The Times, stating that “people do get confused about the royal finance.” He also explained that they don’t technically own duchies or certain estates.
“In all honesty their financial arrangements really aren’t as complex as [those of] many royal families and rulers in other countries, which are often far more opaque,” the royal historian shared in April 2023. “Our monarchy really isn’t as wealthy as many people would believe. I certainly don’t think the King is a billionaire.”
The main source of income for the monarchy comes from a taxpayer-funded settlement known as the Sovereign Grant, which is paid out annually.
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In June 2024, it was reported that the Sovereign Grant is set to raise to £132 million (which converts to $175 million) in 2025-2026, compared to the £86 million (which converts to $114 million) figure from 2024-2025. (The Sovereign Grant money also goes to property upkeep and staff costs.)
The sum is calculated as the level of profits earned by the Crown Estate, which is a commercial business that owns and manages an expansive portfolio of land and property for the monarchy. This is used as a benchmark calculated to fund the royal family.
The same June 2024 report stated that the Crown Estate will reassess the Sovereign Grant for 2026-2027 and ensure that it is at an “appropriate level.”
