King Charles  as ‘rich as Rishi Sunak’ after personal wealth grows  ...Middle East

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King Charles  as ‘rich as Rishi Sunak’ after personal wealth grows 

The King’s personal wealth has jumped by £30m to £640m in the last year, making him as rich as former prime minister Rishi Sunak and wife Akshata Murphy, according to The Sunday Times Rich List.

Charles ranks joint 238th in the list of the UK’s 350 wealthiest people and families, up 20 places from 258th in 2024.

    The list also showed that the UK has suffered the biggest fall in billionaires on record after Chancellor Rachel Reeves’ non-dom tax crackdown.

    The number of billionaires slid to 156 this year from 165 in 2024.

    “Our billionaire count is down and the combined wealth of those who feature in our research is falling,” said Robert Watts, compiler of the Rich List.

    “We are also finding fewer of the world’s super rich are coming to live in the UK.”

    Watts said he was “struck by the strength of criticism for Rachel Reeves’s Treasury” when speaking to wealthy individuals.

    “We expected the abolition of non-dom status would anger affluent people from overseas,” he said.

    “But homegrown young tech entrepreneurs and those running centuries-old family firms are also warning of serious consequences to a range of tax changes unveiled in last October’s budget.”

    According to calculations, King Charles is also £140m richer than David and Victoria Beckham (Photo: Jonathan Brady/PA Wire)

    Calculations by the newspaper’s Rich List suggest King Charles is £140m richer than David and Victoria Beckham, who are said to be worth £500m, with former England captain Beckham being Britain’s richest sports star.

    The 76-year-old monarch, who has faced a challenging past year as he continues to undergo treatment for cancer, has benefited from the investment portfolio he inherited from his late mother for the bulk of his wealth, the newspaper said.

    His private estates Sandringham in Norfolk and Balmoral in Aberdeenshire, which belonged to the Queen, are part of his financial fortune.

    Only personal assets are included by The Sunday Times when assessing the sovereign’s wealth.

    This does not include the Crown Estate, which saw soaring profits thanks to wind farm deals, the Duchy of Lancaster estate, nor the Crown Jewels which are held in trust by the King for the nation.

    The late Queen’s wealth was said to be £370m in 2022, with Charles now estimated to be worth £270m more than his mother, rising from £610m to £640m in 2025.

    The personal wealth of Mr Sunak and Ms Murty dropped £11m from £651m to £640m.

    Since leaving Downing Street, the former prime minister has taken a part-time role at Stanford University and signed up to the Washington Speakers Bureau, and the couple launched a charity to tackle numeracy problems in the UK.

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