The British monarch is arguably the continent’s most well-known royal families with a net worth of approximately £2.7 billion. However, it isn’t the richest royal in Europe. Some monarchies have reported net worths way above that of the British monarchy.
Below is a list of the richest families in Europe ranked by net worth.
1. Prince Hans Adam II, Liechtenstein
Net worth: $5 billion
The prince of Liechtenstein tops our list of the richest monarchies in Europe by net worth. He pockets an expense allowance of $270,709 in lieu of a salary (untaxed).
While this allowance may seem small when compared to other royals, his wealth can be attributed to his bank, LGT Group, and holdings in the Prince of Liechtenstein Foundation, which deals with winery, real estate, and forest assets. In addition to this, the prince also owns an extensive art collection much of which is displayed at the Liechtenstein Museum in Vienna.
2. Grand Duke Henri, Luxembourg
Net worth: $4 billion
This 64-year-old has an estimated fortune of $4 billion. While he doesn’t receive a salary, he receives grants of around $324,851 every year to carry out royal functions. The 2017 budget also allows for about $12 million for the Grand Duke’s household cost. The administration, ownership, income, and control of the private wealth of the Grand Duke’s House completely belong to the holder of the crown.
3. Prince Albert II, Monaco
Net worth: $1 billion
Prince Albert reportedly owns about a quarter of the kingdom he reigns over. Other sources of his wealth include his mother’s Philadelphia-area home which he bought for an estimated $754,000, shares in the Monte Carlo resort, an antique car collection, and an expensive stamp collection.
4. Queen Elizabeth II, England
Net worth: $500 to $600 million
Much of the British royal family’s fortune is from the Crown Estate, which comprises of the crown jewels and Buckingham Palace. While this isn’t entirely owned by the Queen, she does have her residences at Sandringham Palace and Balmoral Castle. Other things that contribute to her net worth are art, jewelry, and investments.
5. Queen Beatrix, Netherlands
Net worth: $200 to $300 million
Queen Beatrix abdicated the throne in 2013 but remains the most famous figure when it comes to the Dutch family. Much of her wealth comes from personal fortune which consists of investment, real estate, and Shell Oil stakes.
6. King Carl XVI Gustaf, Sweden
Net worth: $70 million
The Swedish royal family is one of the wealthiest monarchs in Europe. The king’s funds for official duties are covered by the Court Administration and amounted to $7.6 million in 2015. In the same year, the Administration of the Palace received nearly $7.4 million from the state. King Carl XVI’s family also has personal wealth consisting of a summer home in the Baltics known as the Solliden Palace.
7. Queen Margrethe II, Denmark
Net worth: $40 million
With a net worth of $40 million, the queen of Denmark comes in seventh on our list. She has been on the throne since 1972 and is a Fellow of the Society of Antiquaries in London.
The family receives grants totalling to $12.8 million a year from the Danish Civil List. These funds cover the Queen’s royal activities, household operations, and private expenses.
8. King Harald V, Norway
Net worth: $30 million
The King Harald V’s monarchy reportedly costs the country approximately $72 million yearly. In 2017, the Norwegian government allocated about $14,88,900 to the family’s expenses and $32,214,394 to the royal house.
The interesting bit is that the Norway King does not pay any taxes and has spent an equal amount purchasing a yacht.
9. King Felipe VI, Spain
Net worth: $20 million
King Felipe VI reportedly reduced his salary by 20% to $267,447 in 2015. The monarch has a net worth made up of eight royal palaces, ten monasteries and convents, and five royal county residences.
10. King Philippe, Belgium
Net worth: $13 million
Finally, the richest monarchy in Europe is that of King Philippe of Belgium. While there aren’t many records on King Philippe’s net worth, the monarch had a net worth of about $13 million in 2013.
The king’s expenses are covered by Belgium’s Civil List and are set at roughly $13,801,830 a year while extra support services are financed by the state.