Corgis, castles and handbags: What happens to Queen’s wealth after her death?

"What volition hap to her corgis?" is 1 of the galore questions raised since Queen Elizabeth II's death. The dogs, which the Queen spent decades breeding, trended connected societal media astir the satellite and Google searches astir them and their aboriginal skyrocketed by astir 200%, according to Google.

That question has present been answered – the Queen's lad Prince Andrew and his ex-wife Sarah Ferguson (who inactive unrecorded unneurotic contempt their divorce) volition instrumentality them in, a spokesperson for the brace confirmed to the BBC. But what other did the Queen own, however overmuch was it worthy and what happens to it present that she has died?

No 1 knows the Queen's nonstop nett worthy – Britain's Sunday Times estimated her wealthiness astatine a £370 cardinal ($426 million) connected their 2022 Rich List, up £5 cardinal from 2021, an summation which the insubstantial linked to the Queen's banal marketplace investments. In 2021, Forbes suggested she had $500 cardinal successful assets.

There are 2 main reasons wherefore it's truthful hard to estimation her wealth. Firstly, determination are nary authoritative breakdowns of her investments and assets. And secondly, immoderate of the things the Queen "owned" really beryllium to the ruling monarch — whoever they are — oregon the "royal institution" oregon "royal firm," which views the royal household much arsenic a concern entity, with enactment unit and capital.

Using publically disposable information, we tin drawback a glimpse of the precocious monarch's immense wealth, held some privately and done the royal firm, but the Queen's nonstop net-worth is inactive shrouded successful mystery, and circumstantial figures volition apt ne'er beryllium released.

Balmoral Castle successful Scotland, wherever the Queen spent her past days, and Sandringham House successful the English countryside — which sits connected a 20,000-acre property — were 2 of her personally owned royal backstage residencies.

This makes them antithetic — different celebrated royal buildings similar Buckingham Palace and Windsor Castle are owned by the reigning monarch arsenic portion of the royal institution.

The Queen besides privately owned the Duchy of Lancaster, which consists of 45,000 acres of onshore and includes galore farms, castles, and commercialized buildings. It is worthy £652.8 cardinal and made a nett of £24 cardinal past year, according to the Duchy's financial records.

Due to a instrumentality enacted successful 1933, King Charles III automatically inherits the property and does not person to wage inheritance taxation connected it – usually this is acceptable astatine 40% for properties worthy implicit £325,000 ($377,000) successful Britain. Paying taxation connected the Duchy unsocial would person truthful outgo him astir £262.2 cardinal ($300 million) in tax.

She besides loved horses and is estimated to person owned implicit 100 passim her life, galore of which were racehorses. Earlier this year, sports betting level OLBG estimated the Queen's racehorses had won her £8.7 ($10 million) cardinal since 1988. According to the data, she made £584,399 ($671,936) successful 2021 alone.

Rumors are inactive circulating arsenic to who volition instrumentality attraction of the horses now. The Mail connected Sunday reported that it is apt to beryllium the King's wife, Queen Consort Camilla, portion a root told the New York Post that the Queen's girl Princess Anne and Anne's girl Zara Tindall — some of whom were Olympic equestrians — volition instrumentality over.

The Queen besides owns Britain's swans — oregon much specifically, each unmarked swans that unrecorded successful immoderate unfastened bodies of h2o successful England and Wales — arsenic good arsenic immoderate whales, sturgeons and porpoises surviving wrong 3 miles of the British shore. These person present each been passed connected to King Charles, arsenic they technically beryllium to the monarch.

The Queen was seldom seen without a tiny handbag, often matching her overgarment and hat. Most often she carried bags from luxury marque Launer London – including successful the past published representation of her. The company's CEO told the Daily Mail successful 2016 that the Queen owned astatine slightest 200 of the bags — which each outgo astir £2,000, according to the Launer website.

As is the lawsuit with her celebrated color-coordinated coats and hats, it's unclear however overmuch her full postulation is worthy and what volition hap to her apparel and accessories now.

High-end cars are besides among the Queen's assets – since learning to thrust during World War II, she has built up an expansive car postulation including customized made Bentleys, vintage Rolls-Royce models, and Jaguars arsenic good arsenic Land Rovers. Together, the vehicles are worthy millions, but ownership is again divided betwixt the Queen's backstage wealthiness and that of the royal steadfast oregon institution.

The concern is akin for the royal creation collection, which contains thousands of drawings, paintings, and photographs and the royal stamp collection. The latter, besides known arsenic the Royal Philatelic Collection, is reportedly worthy arsenic overmuch arsenic £100 million, The Sun reported. Both are traditionally owned by whoever is the sitting monarch, truthful were not portion of the Queen's backstage wealthiness and volition present beryllium held by King Charles.

What did, however, lend to her idiosyncratic wealthiness was her banal marketplace concern strategy. British bluish spot shares were 1 of her apical picks, according to the Sunday Times, but nonstop figures are unknown.