The Monarchy, also known as “the Firm” is reported to hold nearly $28 billion in assets. This institution funnels millions of pounds into the British economy, as reported by Forbes. Each of the royal family members has their own sources of income.

The Monarchy PLC holds nearly $28 billion in assets through various entities such as The Crown Estate, Buckingham Palace and Kensington Palace, according to Forbes.

For example, The Crown Estate, which owns the British monarchy’s lands and holdings in the United Kingdom, manages $19.5 billion in assets. Buckingham Palace, the official London residence of the United Kingdom’s sovereigns since the early 1800s, is worth an estimated $4.9 billion, Forbes reported.

Kensington Palace, which contains the offices and London residences of the Dukes and Duchesses of Cambridge, Gloucester and Kent, as well as the Prince and Princess Michael of Kent, is reportedly estimated to be worth $630 million.

Before her passing, Queen Elizabeth II attained additional personal assets of $500 million, according to Forbes.

Her son, Prince Charles, automatically becomes monarch, even though the coronation might not take place for months. His worth of $400 million, according to Marie Claire.

Prince Philip, Duke of Edinburgh
Prince Philip, who spent more than seven decades supporting his wife, had an estimated worth of £30 million at the time of his death in April 2021. He passed away at 99 years old.

Prince William and Kate, Duke and Duchess of Cambridge
The Duchess of Cambridge is worth $7 million to $10 million, according to Money, which cited data from global wealth-tracking firm Wealth-X in 2018.

However, the Duchess of Cambridge was independently wealthy before marrying into the monarchy, according to Harper’s Bazaar. She has quite a fortune from her family’s business, Party Pieces, according to the outlet.

Read more about the Royals net worth at Fox News.