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King Charles has seen a massive increase in his net worth and is now richer than his late mother, Queen Elizabeth II, according to newly-released figures.
The 75-year-old ascended to the throne in May 2023 following the death of the long-reigning Queen, who was 96 when she ed away on September 8, 2022.
As the next in line to the throne, King Charles has made small adjustments since moving into power - and it appears they have already paid off in a short time.
According to the Sunday Times Rich List, he is now considerably richer than his mother with a personal fortune of £610million, which means he now ranks 258th in the list of the UK's 350 wealthiest people and families, up from 263rd in 2023.
His personal net worth has increased by £10m in comparison to last year, with calculations suggesting he has benefited from a sharp rise on the value of his properties.
How King Charles amassed his fortune
When he was the Prince of Wales, Charles received a private income of around £23m a year from the Duchy of Cornwall. It was used in part for non-official expenditure for himself and his family, as well paying for the costs of personal staff, his office and his residences.
But upon the Queen's death, King Charles inherited two private estates that belonged to his mother - Sandringham in Norfolk and Balmoral in Aberdeenshire - and these properties are said to be a major reason behind his financial wealth.
Only personal assets - not the Crown Estate, the Duchy of Lancaster, nor the Crown Jewels which are held in trust by the King for the nation - are included by The Sunday Times when assessing his wealth.
King Charles is still lagging behind UK prime minister Rishi Sunak and his wife Akshata Murty, who increased their combined fortune by more than £120m in 2023 to £650m overall, helping them overtake the King.