With ‘jubilee fever’ running high these days, Britain’s Royal Family is once again the subject of public fascination (or, perhaps to republicans, repudiation).
But leave the bunting and pageantry to others, I was interested to read the latest estimates of the net worth of the royal family as released yesterday by WealthX, a global market intelligence firm for the wealth industry.
Of the top 14 adult royal family members, it was no surprise who topped the list: Her Majesty Elizabeth II has an estimated net worth of at least $510 million. Interesting though, this places her well down the list of the world’s wealthiest women – with the top five all having more than $13 billion according to a separate report released by WealthX.
In fact, only five members of the Royal Family are what WealthX defines as “ultra high net worth” having more than $30 million. Young Prince William, the Duke of Cambridge, doesn’t make the cut. His fortune was estimated at a modest $19 million.
According to WealthX CEO, Mykolas Rambus, “The fact that the combined wealth of the top 14 members only reached US$1 billion reflects what has been suspected for some time: that new wealth is overtaking old wealth in Britain.”
And throughout the world no doubt…