When Prince Andrew and Sarah Ferguson divorced in 1996, their daughters Princess Beatrice and Princess Eugenie stepped into a pretty impressive windfall of money. The income will be necessary to fund round-the-clock security, which could cost as much as $4 million per year. Since the royal children havent physically received inheritances (or worked a day in their life), their net worths are calculated by their value to the U.K. economy. As for having a career outside the royal family, it seems that is something Eugenie's father has always wanted for her. In the Oprah interview, Markle spoke of the invisible contract with the tabloids, describing a relationship that is at once symbiotic, sycophantic and sinister. King Maha Vajiralongkorn is believed to be the richest individual royal in the world . Edward and Sophie married in 1999, and up to that point, Sophie had worked in public relations. A weekly guide to the biggest developments in health, medicine and wellbeing delivered to your inbox. Check out these 15 bizarre perks of being in the royal family. Net worth: Between $30 million and $40 million. The issues raised, particularly that of race, are concerning, Her Majesty said in her official announcement. In the fiscal year ending March 2020, the prince received a portion of nearly $8 million, which he had to share with Prince Harry and Meghan Markle before they announced they were stepping away from their royal duties. As Cosmopolitan has reported, part of the divorce agreement included a3 million trust fund for Ferguson and her daughters. HH Sawai Padmanabh Singh (far left) with his family. The Crown Estate, the institution that oversees the assets of the monarchy, also employs an additional 450 people, including a board of directors that make the financial decisions for the monarchy. Regardless, their substantial value doesnt mean the royal children can go around flashing their Amex cards whenever they want. By renting out property to retailers, farmers and residents, the Duchy brought in more than $50 million in revenue last year, $30 million of which went to the Prince of Wales and his descendants to support their respective staffs and operations. King Maha Vajiralongkorn and his family made their money from investments derived from the Crown Property Bureau, which manages the property of the crown of the Kingdom of Thailand. When it comes to the Royal Family of Jodhpur, they sure are one of the richest royal families in India and owners of Indias best luxury hotels and palaces. With Mysore as the top silk producer in the company, the familys brand, Royal Silk of Mysore started by Srikantadatta has remained a major success. Because they believe the children have the potential to drive billions in sales, their net worths have been determined as so. Although we cant directly indulge ourselves in the abundant realm of high jewelry, impeccable art, and acres of land that comprise their lifestyle, we can revel in their considerable net worths to a cup of herbalteawith our pinkies raised in the air of course. But wealth isnt the only plus for the House of Windsor. She grew up in an impressive home worth $2 million and attended prestigious schools, and her first husband, Andrew Parker Bowles, was also financially successful. When he ascended the throne, he also inherited property worth over Rs 20,000 crores. Over the decades, they have transformed their ancestral assets and wealth into blossoming businesses and therefore, continue to live a life of luxury. It has been reported that Prince George is expected to generate $3.6 billion over time for the British economy while Princess Charlotte brings in close to $5 billion. Up to that point, Harry was funded by the Duchy of Cornwall, a private estate founded by Edward III in 1337. Forbes latest estimate puts their net worth at around $10 million, which includes the equity from their home in California. Although her net worth has been reported to be between $7 million to $10 million in terms of savings, her national worth with clothing sales and tourism revenue is rumored to be much higher. King Charles III already had a massive net worth of $100 million ahead of his ascension to the throne. This encompasses $10 billion worth of real estate, Buckingham Palace, and the Royal Art collection. Samarjitsinh Gaekwad is currently the titular head of the royal family of Baroda. Talking about their home, the Laxmi Vilas Palace is spread across 500 acres and has over 170 rooms. But wealth isnt the only plus for the House of Windsor. You know Harry and I are working on this mental health series for Apple, so we hear a lot of these stories., Free from the constraints of The Firm, Harry and Meghan will not likely struggle financially as his great uncle, King Edward VIII, did when he gave up the crown to marry an American divorce, Wallis Simpson, in the 1930s. Currently, it is headed by HRH Samarjitsinh Gaekwad, who is married to Radhikaraje Gaekwad and the couple have two daughters. They are expected to produce documentaries, docuseries, feature films, scripted shows and childrens programming for the streaming service, and also rake in nearly four times the allowance they received from the Duchy of Cornwall. These families still garner the same respect from people, theyre famous and are still very much living the royal life. The impact the royal family has on the U.K. economy is mostly through tourism, but Haigh notes there are other financial benefits, such as free media coverage of Britain (which was an estimated $400 million in 2017). With the combined sums of inheritances, crown estates, and allowances, these royals are able to spare no expense when it comes to enjoying the better things in life. He is a national-level polo player and is working to bring more awareness to the sport today. To verify, just follow the link in the message, By subscribing to newsletter, you acknowledge our, Find out about the latest Lifestyle, Fashion & Beauty Trends, Relationship tips & the buzz on Health & Food, Copyright 2022 Bennett, Coleman & Co. Ltd. All rights reserved |, Delhi Times, Aurangabad Times, Maharashtra Times, Wealthiest Royal Families of India that still live a lavish life, When Kiara's mom dressed better than celeb, You are now subscribed to the lifestyle Newsletter. Surprisingly, most of the money used to fund the British monarchy doesnt actually come from the taxpayer, the royal family are all wealthy on their own. These royal families of India have truly managed to survive the tide of time and managed to salvage their opulence even today. It's believed that Eugenie's present net worth is approximately $1 million (per Celebrity Net Worth), and it's unclear how her marriage has impacted that amount (if at all). wankaner WANKANER The Jhala Dynasty BRIEF HISTORY The ruling family of Wankaner represents the senior branch of the Jhala clan of Rajputs, who ruled at Halvad. In any case, her combined wealth with her husband Prince William is said to increase once Prince Charles ascends to the throne. He married actress Sharmila Tagore and the couple had three children. Not only has the royal family given out the Rambagh Palace to Taj Hotels to run, the young king himself partnered with AirBnB recently. How can a list of royal families be complete without mentioning Bollywoods very own Pataudi clan? Help us delete comments that do not follow these guidelines by marking them offensive. 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We are no longer supporting IE (Internet Explorer) as we strive to provide site experiences for browsers that support new web standards and security practices. Much of the Queens net worth derives from owning property holdings like the $140 million Balmoral Castle in the Scottish Highlands, the $65 million Sandringham House, stud and fruit farms, marine land throughout the U.K., and one of the worlds largest stamp collections built by her grandfather. If you live in Maharashtra, you are well aware of the importance of Shivaji Maharaj and Chhatrapatis. In addition, William collected his own salary as an air ambulance pilot to the tune of $62,000, according to CNBC. The king of Norway married Queen Sonja in September 1968, and they reside in Oslo at the Royal Palace. Despite that, Celebrity Net Worth also notes that most of his net worth prior to receiving the Duchy of Cornwall came from the trust fund set up by his mother. Three years ago, Brand Finance, a U.K.-based brand valuation firm, estimated The Firms contributions to the media industry at nearly $70 million. The ornate Darbar Hall, which still continues to be the venue for music performances and other cultural events, boasts of a Venetian mosaic floor. This small fortune came from her career as an actress, as Markle had numerous roles on TV shows before landing the role of Rachel on "Suits" in July 2011. Part of the estate of their late mother, Princess Diana, went to the princes on their 25th birthdays. The junior branch retained possession of Dhrangadhra-Halvad, while the senior branch established themselves at Wadhwan and Wankaner. In 2016, Prince Andrew issued a statement and explained, "As a father, my wish for my daughters is for them is to be modern working young women, who happen to be members of the royal family, and I am delighted to see them building their careers" (via People). Beyond the extended family, the House of Windsor has thousands of employees around the world. Here are 11 ways the couple is modernizing the monarchy. He and wife Maharani Vijayaraj live in the Udaipur city palace, a portion of which is also open for tourists to see and explore. . Currently, Maharaja Gaj Singh lives in the Umaid Bhawan Palace, with his wife, two kids and their spouses. A good portion of this income has also been used to support his sons. He has also opened a museum of antique cars in the city and manages his fathers crystal collection. Before she deleted her social media accounts, Markle used different platforms as another source of income. Although her net worth has been reported to be between $7 million to $10 million in terms of savings, her national worth with clothing sales and tourism revenue is rumored to be much higher. That squares with the information available from Celebrity Net Worth, as the site has Andrew's estimated net worth to be approximately $5 million an amount that is a far cry from the possible settlement paid to Giuffre. His Highness Bhawani Singh was the last titular head of Jaipur. According to, Apparently, being a youngster in the royal monarchy comes with some pretty big bucks. As with the Crown Estate, Prince Charles cannot sell the assets belonging to the Duchy, but he can earn money from them. He came from Greek and Danish royal lineages and served in the British Navy during World War II. Currently, 52-year-old Samarjitsinh Gaekwad is the head of the royal family of Baroda. Although he doesnt actually own the colossal real estate portfolio, Prince Charless royal position enables him to receive income from it as the lands sole beneficiary. The Grand Ducal Family of Luxembourg doesn't receive a salary but has been granted about $324,851 every year since 1948 to carry out functions not that they need it, as their net worth is in the billions. To revisit this article, visit My Profile, then View saved stories. HH Maharana Raj Saheb KESRI SINGHJI, Maharana Raj Saheb of Wankaner since 2021 (Ranjit Vilas Palace, Wankaner - 363621, Gujarat, India), born 5th November 1982, married on 17 th February 2012 at Sirohi Palace (Mt. King Charles III's sister Princess Anne has an impressive net worth of at least $10 million (per Celebrity Net Worth). Read more: Meghan Markle and Prince Harry broke royal tradition hours after their first child was born. However, she doesn't see most of it. As with any business, the pandemic has taken a toll on royal revenue. [citation needed], In 1807 Wankaner State became a British protectorate when Maharana Raj Sahib Chandrasinhji II Kesarisinhji signed a treaty with the British. The Firmalso known as Monarchy PLCare the public faces of a $28 billion empire that pumps hundreds of millions of pounds into the United Kingdoms economy every year. The Queen also receives an annual government stipend and because this wealth is tied to her position, she could never sell the royal assets. It is home to the Mehrangarh Fort as well as the Umaid Bhawan Palace, which are both among the biggest forts and the largest private residences in the world. The charitable royal has been known to donate chunks of her wealth to causes such as Teenage Cancer Trust and the American Cancer Society. Following the ascension of his father to the throne, William's net worth is now estimated to be $100 million (per Celebrity Net Worth). Currently lead by Yuvraj Mandhatasinh Jadeja, The Royal Family of Rajkot is the only royal household who has broken away from the clichd idea of turning their ancestral properties into hotels and luxury palaces, instead they have invested around hundred crore rupees in hydropower plants and biofuel development. As the next in line to the English throne, Prince Charles reigns over the highest British royal family net worth after Queen Elizabeth II. Harry, Meghan and Archie will always be much loved family members.. The Duke and Duchess of Cambridge don't receive any money from their influence, however. In 2015, G.H. Prince Philip, the 99-year-old patriarch of the Windsor family, was once a powerful member of The Firm, but he has formally stepped back from his official duties. Theres speculation around just how much the future king is worth, as estimates range from $100 million to $400 million. As of 2022, the Royal family of Liechtenstein is worth a whopping $4.4 billion which comes from a vast array of high-value investments ranging from real estate to art. An entry-level IT specialist can make upwards of $40,000 a year, as well as benefits, at Buckingham Palace, according to a recent job listing on an official palace portal. You can change your city from here. It's believed that Eugenie's present net worth is approximately $1 million (per Celebrity Net Worth ), and it's unclear how her marriage has impacted that amount (if at all). The 500-acre Palace compound houses the LVP Banquets and Conventions, Moti Bagh Palace and the Maharaja Fateh Singh Museum Building. Their throne still sits at the beautiful Mysore palace. Ditto his brother except for the fact that Harry made $53K as a member of the Royal Air Force, according to Forbes. Jodhpur was once ruled by the Rathore family, whos descendants still live there. The economic advantages for companies and institutions in the royal familys orbit far exceed the $550 million cost associated with the familys massive operating expenses, according to Haigh. This is a similar private collection of land and property held by the royal family; unlike the Duchy of Cornwall, it's not expected that Charles will pay any tax on this inheritance (per The Guardian). She hails from the midwest, where she graduated from the University of Illinois with a BA in News-Editorial Journalism, but has a passion for the East Coast. Diana gained her own wealth from both her own aristocratic family as well as her 15-year marriage to King Charles and their subsequent divorce settlement. This email address will not be stored or shared on this website. As for having a career outside the royal family, it seems that is something Eugenie's father has always wanted for her. See also List of wealthiest families References A part of the Palace is open to tourists and the rest is managed by the Taj Group of Hotels, who run the place in partnership with the family. She had a lifestyle website called The Tig, which sheshut down in April 2017. It's possible that Anne's net worth is even higher. Of course, marrying King Charles III in 2005 offered a major boost to Camilla's net worth as well; The Telegraph reported that the king opted to not sign a prenuptial agreement ahead of their marriage. While William had a robust career in the military from 2006 to 2013, the bulk of his time working has been through the royal family as the heir to the throne. Buckingham Palace alone employs some 1,200 peopleeven if they aren't always paid a Queens ransom to work there. According to Wealth-Xas reported by TimeQueen Elizs net worth includes not just a percentage of profits generated by the Crown Estate, but also a salary reserved for the Duke of Lancaster (aka the queen). He is currently an MP of the Rajya Sabha and is also a member of the BJP. Maharaja Gaj Singh has not only served a term as a member of the Rajya Sabha, but he also served as Indian High Commissioner to Trinidad and Tobago a few years back. Currently headed by the 76th custodian of the dynasty, Rana Sriji Arvind Singh Mewar, the family resides in the beautiful city of Udaipur and owns heritage hotels, resorts and charitable institutions across Rajasthan, including the HRH Group of Hotels, which has over 10 hotels under it. Love and Money: By stepping away from the royal family, Prince Harry and Meghan Markle may be better off financially. Analysts estimate the royal family's net worth at between $30 billion and $60 billion (24.4bn-48.7bn), all of which was signed over to the king himself in 2018 after having been managed by the country's Crown Property Bureau for the previous 80 years. 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