Capital of $ 500 million: who will inherit the fortune of Queen Elizabeth II

Capital of $ 500 million: who will inherit the fortune of Queen Elizabeth II

$500 million capital: who will inherit Queen Elizabeth II's fortune

$500 million capital: who will inherit Queen Elizabeth II's fortune

Photo: depositphotos.com

On the account of Queen Elizabeth II there was an impressive amount, which she earned through investment and ownership of property.

After her death, Queen Elizabeth II of Great Britain left more than $ 500 million of personal assets. And most of them will be inherited by King Charles III.

This is reported by CBC News.

According to Forbes, Her Majesty Elizabeth II has earned such impressive capital over the 70 years of her reign thanks to investments, a collection of works arts, jewelry and property ownership. She also inherited paintings, porcelain and jewelry from the Queen Mother in 2002.

Journalists found out that Charles III will receive most of the property after the death of the queen. At the same time, as the new king, he will be exempt from paying inheritance tax on property, which would “minus” about $ 200 million from the queen’s capital.

The newly-made monarch will also own Buckingham Palace. But this will not be his private property, since the building is held in trust, which means the king cannot sell the assets.