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When we think of members of the royal family, we instantly associate them with wealth beyond our wildest dreams. After all, they live in castles and palaces, ride around in expensive cars, wear designer clothing, and accessorize with some of the most jaw-dropping pieces of jewelry that most people have ever seen.

It is true that just about all royals, even those who are not considered to be “working royals” don’t really have to worry about money. Their bank accounts are pretty large, and they can have pretty much anything that they could ever want.

Queen Elizabeth, as we know, is one of the most popular monarchs that there is. When we hear the term “the queen,” everyone knows that it is most likely in reference to her, and her name is not even being used.

Her Majesty owns several exclusive properties, has a jewelry collection that is valued in the hundreds of millions of dollars, and had never known anything outside royal life. It is easy to assume that when it comes to her net worth, there is no one who outranks her, however, the truth of the matter is that Queen Elizabeth is nowhere close to being the richest royal in the world.

Queen Elizabeth is the most popular monarch

It almost seems as if fans just can’t get enough of Britain’s royal family. We are constantly tuned into the news, following their lives closely to see what they are up to, and keeping track of everything that happens.

While there are royal families all around the world, it is pretty safe to say that Queen Elizabeth and her heirs are the most well-known. As the head of the family, Express reports that the queen herself is actually the most popular. She is the longest-reigning monarch in history, having taken the British throne when she was only 25 years old.

Since then, the queen has stayed in the hearts of people everywhere, known for her quick wit, her generosity, and her sparkling personality.

What is Queen Elizabeth’s net worth?

Queen Elizabeth II visits Hauser & Wirth on March 28, 2019 in Bruton, Somerset, England
Queen Elizabeth II | Toby Melville – WPA Pool/Getty Images

There is no doubt that Queen Elizabeth is an extremely wealthy woman. She has several sources of income, but what is her exact net worth? According to Forbes, the queen is worth over $500 million dollars and enjoys things that so many other people couldn’t even begin to imagine.

For those who might be wondering just where all the cash comes from, it is actually pretty simple. The queen produces an income from her portfolio of properties as well as a decades-old real estate trust. Her expenses are paid for from the Sovereign Grant, which derives income from the Crown Estate.

One of the most important things to know about the royal family is that just like everyone else, her majesty does indeed pay taxes.

Queen Elizabeth is nowhere close to being the richest royal in the world

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With the lavish lifestyle that she leads, it may appear as if Queen Elizabeth is the richest royal in the entire world, however, this is not exactly the case. Business Insider reports that there are many royals who are richer than the queen — some of whom are even billionaires.

Prince Albert of Monaco has a net worth of around $1 billion dollars, twice as much as the beloved queen. King Mohammad Vi boasts a net worth of over $2 billion dollars, making him four times wealthier than Queen Elizabeth.

Others who outrank her in terms of wealth include Grand Duke Henri of Luxembourg, Khalifa bin Zayed Al Nahyan, and King Salman bin Abdulaziz Al Saud, who has a staggering worth of over $18 billion dollars.