Charles III’s official coronation may not occur until May 6, but the new British monarch has already inherited a $25 billion real estate portfolio fit for a king.
When he acceded the throne in September, the 73-year-old sovereign assumed control of a $42 billion empire, much of it in real estate.
Forbes scoured property records, annual reports, audits, archives and legislative documents to find all of the king’s new possessions.
His holdings span from Buckingham Palace—the official headquarters of the monarchy, which Forbes estimates is worth $4.9 billion—to Highgrove House, a country residence in Gloucestershire that Charles first purchased in 1980 for £865,000 ($3.7 million today,) now valued at $39 million.
Forbes valued these properties with the help of estimates provided by Lenka Dušková Munter, a sales specialist for historical properties at Czech real estate agency Luxent, and Colby Short, co-founder and CEO of estate agent website GetAgent.co.uk. Here’s a breakdown of King Charles III’s real estate empire.
Charles III’s official coronation may not occur until May 6, but the new British monarch has already inherited a $25 billion real estate portfolio fit for a king.
When he acceded the throne in September, the 73-year-old sovereign assumed control of a $42 billion empire, much of it in real estate.
Forbes scoured property records, annual reports, audits, archives and legislative documents to find all of the king’s new possessions.
His holdings span from Buckingham Palace—the official headquarters of the monarchy, which Forbes estimates is worth $4.9 billion—to Highgrove House, a country residence in Gloucestershire that Charles first purchased in 1980 for £865,000 ($3.7 million today,) now valued at $39 million.
Forbes valued these properties with the help of estimates provided by Lenka Dušková Munter, a sales specialist for historical properties at Czech real estate agency Luxent, and Colby Short, co-founder and CEO of estate agent website GetAgent.co.uk. Here’s a breakdown of King Charles III’s real estate empire.