LONDON. Personal valued at £1.8 billion. property from King Charles her EnglandAccording to a thorough investigation by The Guardian newspaper.

The royal estate is carefully hidden from the public, is not subject to state control and therefore cannot be accurately assessed. The investigative journalism also revealed the House of Windsor’s greatest asset: their complete tax immunity. Thus, Charles inherited his mother’s vast fortune, Elizabethwithout any burden.

Responding to a Guardian report, a spokesman for Palace said: “Although we do not comment on his personal financial situation. monarch, your evidence is a highly ingenious mixture of conjecture, conjecture, and inaccuracy.” However, Buckingham refused to provide factual data on the king’s fortune, adhering to a policy of confidentiality regarding the royal family’s finances.

The monarch’s personal fortune is estimated at £1.8 billion, and the former prince and current king’s habit of encapsulating gifts from foreign leaders in his own name raises both a moral and a political question. The Windsor fleet of vehicles is a good example of the confusion surrounding private and public property of the Crowned. Some of the luxury cars are owned by Charles, while others are owned by the British state as they were “gifted indefinitely” to the monarch for official occasions. Some of the public vehicles were used in private ceremonies, such as the £1.3 million Rolls Royce Phantom IV that carried Princess Eugenie to her wedding.

Although Charles uses many palaces, castles and residences, most of this property does not belong to him, such as the “state palaces” of Buckingham and Kensington. However, the King has inherited from his mother two lucrative sprawling estates in Balmoral, Scotland and Norfolk, England, which bring him a large income, renting out some of them for logging, hunting and renewable energy production.

Charles did not pay inheritance tax on the two properties thanks to a controversial 1993 deal Elizabeth made from the then government of John Major. Elizabeth then agreed to “voluntarily” pay income tax, and the government exempted her from inheritance tax in exchange for her son and the current King Charles.

The monarch is completely exempt from inheritance tax thanks to a 1993 agreement between Elizabeth and John Major.

One of the assets that Elizabeth gave to Charles so that his grandchildren would avoid future inheritance taxes was the palace’s thoroughbred horses. The royal obsession with horses, which Elizabeth described with false simplicity as “the simple philosophy of wanting to create one horse faster than others”, left behind a stable of 70 Thoroughbreds worth over £27 million.

Alienation

Charles has already begun selling hippos, with £2.3 million worth of horses already sold, although some were official government gifts from the Emir of Dubai and the Aga Khan. The palaces characterize this income as “the sale of personal belongings”. The confusion between personal and state gifts helped the royal family to keep their works of art and the very valuable philatelic collection of George V. Monet’s work, bought by the Queen Mother during the war in Paris, is now worth 20 million pounds.

A large collection of Windsor jewelry appeared due to the great love of Queen Mary, Elizabeth’s grandmother, for precious stones. The jewelry collection, some of which has been worn by Kate Middleton in recent years, is valued at £533m. A thick veil of secrecy shrouds the royal family’s investments, making it impossible to accurately quantify their wealth. A 1993 journalistic investigation estimated the family’s wealth at £142 million in today’s dollars.

The vast royal wealth is also based on the income that the Windsors receive as landowners, enjoying the fruits of their inherited estates, such as the Duchy of Lancaster. Public concern was caused by the placement of part of the royal property in offshore accounts.