Charles III is in the Corner Ceremony. Standing with Queen Camilla on the balcony of Buckingham Palace. King Charles will climb the Rich List after £150 million tax-free inheritance. Credits: Chadolfski, Shutterstock.
King Charles quietly rose the wealthiest class in England; Sunday Times Rich List Currently, personal assets are estimated at £640 million. He is on par with former PM Rishi Snack and his heir’s wife Akshata Marty.
Many billionaires have seen bank balances being fired; king The financial crown has grown, thank you Partially His recent tidy inheritance Mother – It was handed over without being paid in taxes.
The number of British billionaires has dropped from 165 to 156. List 37 years of history – ‘Our billionaires are declining, and the wealth of those featured in our study is declining.‘ Robert Watts, List Compiler, I’ll talk PA Media. But behind the walls of the palace, royal funds are in full bloom.
Charles in Charging – and richer than mom
Charles Cor crown year turned out to be a considerable cash cow. His new fortune led him by £270 million over his late mother, Queen Elizabeth II, who was worth an estimated £370 million at the time of her death in 2022.
A good chunk of Charles The cash comes from the Principality of Lancaster. This is private property spanning over 18,000 hectares of land in Lancashire, Yorkshire, Prime Real Estate in central London. that rakes in A profit of approximately £20 million a year It’s worth it Drops 654 million pounds of jaw.
Charles I didn’t do it He pays pennies with inheritance tax on wealth inherited from his mother. Thanks to the royal exemption, He dodged the standard 40% collection that most of our common people face.
Billionaire Bloodbus: Who is it? above, Who is it? under?
At the top of the rich list, the Still, Hinduja families are clinging to the crown, despite a £2 billion decline in their fortune. The Indian industrialists behind the Hinduja group are currently worth £35.3 billion.
Nearby are the Reuben brothers (£268.7 billion), who built an empire on property and technology. Ukrainian-born Sir Leonard Brabatnik closes the top three with £25.743 billion In his name.
But is this the biggest loser this year? Take a step forward, Ir Jim Ratcliffe – Manchester United’s sub-owner has attracted attention with its fate of over £6.4 billion. His bank balance is currently £17.446 billion, knocking from £2351.9 billion to £4-7.
Pop star, power couple, gorgeous motor
list It wasn’t About old money. Pop Royality made a splash Too much – Dua Lipa, just 29, becomes Brit, the youngest under 40 on the list, with £115 million registered in her name. She danced to 34th place among the young elite.
Harry Styles, 31, supported £225 million at £225 million, while 34-year-old Ed Sheeran ranked 13th at £370 million.
meanwhile, UK Beloved Celebrity Power Couple David And Victoria Beckham I’ve cut itSir Elton John and Formula One legend Lewis Hamilton – prove that their speed, sequins and spices are still paying.
Goodbye, billionaire?
So what Behind UK Billionaire’s brain drain?
According to Watts, the UK is not attractive to the rich people of the world. Recent discard of non-dom tax status by Rachel Reeves The Ministry of Finance packed wealthy foreigners. there is There’s little money coming from it.
‘wE had expected the abolition of non-dom status would anger wealthy people from overseas,‘ Watts explained. And they were angry.
The new system allows new entrants to receive a tax cut of just four years on foreign income; Profit – and Only in their case it’s not I lived in the UK Either The past 10 years.
Tories had planned changes under former Prime Minister Jeremy Hunt, but workers turbocharged their timelines. The government claims it is A rake of 12.7 billion pounds over the next five years.
Would you blame the Yanks for that?
It was Donald who humiliated the injuries of the super wealthy. Trump’s The latest trade tantrums. We before The President’s A fresh wave of global tariffs April It sent shockwaves through international markets.
International Monetary Fund He said global stock prices have plummeted “Trade tensions have flare up” And he warned about growth “Erosion of trust” Between nations.
translation? The world’s elite it’s not Just tighten their belts – They are I’m forced to replace my Silk with Sackcloth.
1 man The recession is different man Corner Crown
that’s why, UK The billionaire sees his destiny shrinking, and a man is quietly enriched behind the walls of the palace. The remaining rich list was a hit, but King Charles came to the top.
God saves the King and his investment portfolio.
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