Britain's King Charles to inherit Queen Elizabeth's private fortune
In this file photo taken on June 02, 2022 Britain's Queen Elizabeth II (R) stands with Britain's Prince Charles, Prince of Wales to watch a special flypast from Buckingham Palace balcony following the Queen's Birthday Parade, the Trooping the Colour, as part of Queen Elizabeth II's platinum jubilee celebrations, in London.
Britain's King Charles will inherit not just the throne after the death of his mother, Queen Elizabeth II,but also her private fortune -- without having to pay inheritance tax.
British monarchs are not required to reveal their private finances but according to the Sunday Times Rich List 2022, the queen was worth some £370 million ($426 million), up £5 million from the previous year.
