10 People Richer Than the Queen of England

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Queen Elizabeth is the wealthiest member of the royal family. Her wealth is estimated to be at £397 million, which is part of the £79.4 billion that the whole royal family is worth. Much of the monarch’s wealth comes from investments and inherited lands. The Queen’s wealth comes from Sovereign Grant, her investments, and the Duchy of Lancaster estate. Contrary to what most people would assume, Queen Elizabeth is not the wealthiest person in the UK. There are about 300 Britons richer than her and over 2000 people worldwide richer than the Queen.

The following are the ten people whose net worth exceeds that of the Queen of England.

1. Jeff Bezos

Jeff Bezos tops the list of world’s wealthiest people. He is The Chief Executive Officer of Amazon, one of the leading online shops in the world. His fortune is worth £135 billion, and he is recorded as the first man in modern history to have over £76.3 billion. He heavily invests in real estate and owns a space exploration company called Blue Origin. Despite his previous divorce, which saw him part with 25% of his Amazon shares as divorce settlement to his ex-wife, he was still ranked richest person for the third time in a row in 2020.

2. Bill Gates

Bill Gates is among the most famous billionaires in the world. The software developer is also a philanthropist, entrepreneur, and real estate investor. Bill Gates co-founded Microsoft Corporation and Bill and Melinda Gates Foundation. His net worth is estimated at £77.8 billion, making him appear severally in Forbes’s wealthiest people in the world. Until May 2014, Bill Gates was Microsoft’s largest shareholder. As a software guru, he has become one of the most influential personalities in the microcomputer revolution.

3. Mark Zuckerberg

Famously known for the social media app, Facebook, Zuckerberg wealth is worth £76.3 billion. Like Bill Gates, he has also flourished in the technology sector through the development of softwares. He is an internet entrepreneur and a media mogul. At the age of 19, Mark Zuckerberg started the Facebook Social Networking Service with his college roommates. Five years later, he became the youngest self-made billionaire in the world. He makes most of his money from company investments. Mark Zuckerberg has severally appeared in the Forbes list of most prosperous and most influential people in the world. He is currently the Chief Executive Officer of Facebook and co-CEO of the Chan Zuckerberg Initiative.

4. Bernard Arnault

French-based billionaire and art collector, Benard Arnault is also among the wealthiest people in the world. He is ranked the wealthiest person in the fashion industry, with a net worth of £84.5 billion. Bernard Arnault is the Chief Executive Officer of the famous fashion line LVMH -Louis Vuitton. LVMH-Louis Vuitton is the world’s largest luxury brand company operating in over 45 countries around the globe. He has a 41% Stake control in the LVMH. He does this through his company Christian Dior.

5. Warren Buffet

Warren Buffet is the Chief Executive Officer of Berkshire Hathaway. He is an investor, philanthropist, and businessman. The 89-year-old is estimated to have £ 58.7 billion. Warren buffet stands out as one of the most successful and influential investors of all time. Commonly referred to as the Oracle of Omaha, Warren is popularly known for his books and inspiring investment quotes. Warren has earned his wealth from his businesses and stock investments. He has stakes in several companies, including Coca Cola, Wells Fargo, Apple, and MasterCard, among many others. Warren, a remarkable philanthropist, significantly contributes to the Bill and Melinda gates foundation.

6. Alice Walton

Alice Walton, the heiress of Walmart, is also richer than Queen Elizabeth. She is the only daughter to Sam Walton and Helen Walton, and her net worth is £41.9 billion. Alice Walton holds over £5 million shares of Walmart Stock. She is an art lover who founded a museum in 2005 and purchases pieces of exceptional art to stock the museum. She is currently the world’s richest woman and the 9th richest person in the world.

7. Hugh Grosvenor

The 29-year-old 7th Duke of Westminster is the son to Gerald Grosvenor, the 6th Duke of Westminster. The source of his wealth is the inheritance worth £9.9 billion left for him by his father. Hugh Grosvenor inherited all this fortune because his elder sisters, Lady Tamara and Lady Edwina, could not be heiresses to the fortune because of a tradition that dates back to the 2nd Century. Hugh Grosvenor is way above the Queen of England in terms of wealth. Forbes ranks Grosvenor, the wealthiest person in the world under 30. Hugh Grosvenor is involved in property developments and owns a plethora of lands in Britain. He is also a business and the owner of the Grosvenor Group.

8. Denise Coates

Denise Coates is said to be ten times richer than the Queen of England. She is the founder and Chief Executive Officer of the betting company, Bet365 Group. Her net worth stands at £3.4 billion. Denise Coates is the only woman appearing in the list of 17 UK based billionaires. Sports betting is a business that is currently minting billions for many people, and Denise is one of them. She and her family own the Stoke City Football Club. Recently, Denise Coates made £190 million on remuneration, plus £76 million dividends, a 10% rise from the previous 12 months. The Queen of England has esteemed her for her services to the community and in the business industry.

9. Charles Cadogan

Charles Cadogan is the 8th Earl Cadogan after his father, William Cadogan. He is a British landowner whose net worth is currently at £ 5.4 billion. Charles inherited this fortune from his late father, William Cadogan. He was a Viscount Chelsea and chaired Chelsea Football Club from 1981 to 1982. Charles Cadogan and his family are among the wealthiest families in the UK. Their source of wealth is property investments. He currently chairs Cadogan Group, a real estate company in charge of over 90 acres of London property.

10. Lady Charlotte Wellesley

Lady Charlotte Wellesley, the wife of the Colombian billionaire financier, Alejandro Santo Domingo, is arguably the richest British woman under 30. Coming from a rich lineage, Lady Charlotte only became wealthier after her marriage to Alejandro Santo Domingo. Her wealth is currently at £ 1.8 billion. She is a British socialite who is passionate about photography. She works as a photography producer for renowned photographer Mario Testino. Year in, year out Lady Charlotte always appears in the Sunday Times Rich List. Her source of wealth is from her family business and her photography job. Marrying Alejandro Santo Domingo has also greatly contributed to her making it in the list of wealthiest people.

Conclusion

Several people are more affluent than the Queen of England, starting right from the UK and across the globe. Different individuals have amassed wealth either by inheritance or from scratch by themselves. The list of world’s wealthiest people keeps fluctuating as some go up the wealth ladder, others come down, and others remain stagnant. The Queen of England has slightly gone down from 2016, where she was worth £404 million to now at £397 million.

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