How is the British monarchy financed?

The INSIDER Summary: • It costs about $368 million a year to run the British monarchy. • Some of that money comes from the queen's private investments. • But a substantial chunk — about $48 million last year — comes from the British government. read more

The British royal family is worth millions. Chris Jackson / Getty The British royal family is worth millions of dollars collectively, though Queen Elizabeth II has the highest personal net worth. Most of the British monarchy's wealth is derived from inherited lands and investments. read more

So the British Monarchy is an expensive institution with a specific funding system which has been recently changed, increasing the revenue of the Royal Family. Private Funding The Queen also receives the Privy Purse that is the Queen’s private income and is distinct from the civil list. read more

The finances of the British royal family come from a number of sources. The UK Parliament supports the monarch and other members of the royal household financially by means of the Sovereign Grant, a percentage of the annual profits of the Crown Estate which is intended to meet the costs of the sovereign's official expenditures. read more