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That text accurately reflects the estimates published by financial trackers prior to Queen Elizabeth II's passing in September 2022.

To provide a bit more context on how royal finances work, there is an important distinction between her private personal wealth (the figures tracked by The Sunday Times and Forbes) and the Crown Estate.

• Private Wealth (£370M / $500M): This included her personal assets like her stock investments, personal savings, and privately owned properties such as Balmoral Castle in Scotland and Sandringham House in Norfolk (which were inherited by King Charles III).

• The Crown Estate (Billions): Major holdings like Buckingham Palace, Windsor Castle, and historic lands belong to the institution of the Crown rather than the monarch personally, meaning they cannot be sold off for personal cash.

Did you have a specific question about how royal estates and fortunes are managed or inherited?