How George III, Rama X and Brunei’s Sultan Got Rich in 266 Years
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How George III, Rama X and Brunei’s Sultan Got Rich in 266 Years

September 4, 2026Share

> “One major reason the richest royal family in the world ranking sparks debate is transparency. European monarchies publish financial reports. Middle Eastern monarchies often do not. This makes exact comparisons challenging.”

The sentence comes from one of the 2026 explainer pages that refresh this ranking every year, and it is the most honest line in the genre. The lists put Thailand at the top, Brunei behind it, Britain somewhere respectable in the middle, and quote numbers that move by tens of billions depending on the publisher. What sits under the numbers is a handful of legal arrangements, made in different centuries, each of which settled the question of who actually owns the land. Take them in order.

1760

George III gave up the revenues of the Crown Estate to the government in return for a fixed payment. Two and a half centuries later that estate is, per the Institute for Government’s explainer on royal finances, a holding valued collectively at £15.5bn in 2024: almost £8bn of London property, much of it in the West End, roughly half the land along the shoreline of England, Wales and Northern Ireland, and most of the seabed out to twelve miles. Elsewhere it runs to over 191,000 acres.

The King does not own any of it. Every ranking that counts it as his is describing an institution, not a man.

1967

Hassanal Bolkiah became the 29th Sultan of Brunei, a post he holds alongside Prime Minister and Minister of Defence. He turned 80 this year, according to Hola. At independence in 1984 the country’s oil and gas came under the royal family’s control, and the money went where such money goes.

The Brunei Investment Agency has more than $70bn in known assets under management per Celebrity Net Worth, and owns The Dorchester in London, the Beverly Hills Hotel and the Hotel Bel-Air. The Sultan’s official residence, the Istana Nurul Iman, is the largest residential palace in the world with 1,778 rooms, per Hello (some sources say 1,788). Supercar Blondie reports a car collection of over 7,000 vehicles, including 600 Rolls-Royces and 450 Ferraris, valued together at $5bn. The same outlet reports the Sultan was once worth $40bn, and that at least $20bn evaporated when his brother’s company collapsed. Current 2026 estimates run from $16bn to $30bn depending on who is counting.

1989

Hans-Adam II became Prince of Liechtenstein. Business Viewpoint Magazine puts his fortune at $8.4bn, drawn mainly from LGT Group, one of the world’s largest privately owned banks, plus investments held by the Princely House Foundation.

He has since handed most day-to-day duties to his son, Hereditary Prince Alois, while remaining head of state. It is the only fortune on any of these lists whose main asset has a compliance department.

2012

Britain’s modern Sovereign Grant replaced the old Civil List, and the household’s funding was pegged to the performance of the estate George III had signed away. From then on, royal income rose and fell with commercial property and, increasingly, with wind.

October 2016 to 2018

King Bhumibol Adulyadej died on 13 October 2016, ending a 70-year reign. His son, born in Bangkok on 28 July 1952, was crowned in May 2019.

In between came the transfer that rewrote every ranking. The Crown Property Bureau had managed the Thai royal assets for the previous eighty years; in 2018, all of it was signed over to the king himself, per lovemoney’s ranking of royal fortunes. Business Standard describes the bureau as controlling over 6,560 hectares of prime Thai land and 40,000 rental contracts nationwide, 17,000 of them in the capital. The portfolio also holds stakes in several key Thai companies and shares in the Kempinski hotel group, and generates around $3bn in revenue a year.

The estimates never converge. Analysts cited by lovemoney give a range of $30bn to $60bn. Business Standard used $43bn in 2024. Business Viewpoint Magazine put it at $52bn in July 2026. The exact wealth cannot be publicly declared in Thailand, where lèse-majesté law has seen people arrested and jailed, which is why the figures in circulation all come from outside the country and none of them agree.

2022 and 2023

Buckingham Palace asked for less. With the seabed leasing boom about to inflate Crown Estate profits, the household’s share was cut from 25 per cent of surplus revenue to 15 per cent, and then reduced again to 12 per cent in the 2023 Royal Trustees’ Review, the rate that applied in 2025-26.

24 July 2024

The Crown Estate’s annual report showed record profits, and the formula did what formulas do. The Sovereign Grant rose from over £86m in 2024-25 to around £132m in 2025-26, £132.1m on the Institute for Government’s figure, making it the largest declared source of royal income.

15 May 2026

The Sunday Times Rich List valued King Charles’s personal fortune at £680m, roughly $900m, covering Sandringham, Balmoral, inherited investments and personal effects. It placed him 230th on the UK list, up 33 places since 2023. The paper did not count the Crown Estate or the Duchy of Lancaster.

Part of the personal money comes from profits saved during his years as Duke of Cornwall; the Duchy of Cornwall is currently worth £1.1bn and consists mainly of 130,000 acres of land. His personal investments, savings and private properties remain undisclosed. The published number is the number he can afford to have published.

26 June 2026

Reports confirmed a revised funding model. From 2027-28 the Sovereign Grant will be calculated as 20.5 per cent of Crown Estate net profits, up from 12 per cent, according to The Royal Observer.

2026

The Crown Estate posted a record net profit of around £1.1 billion for 2025-26, driven by the boom in leasing the seabed for wind farms.

Around it, the ranking pages multiplied: a 2026 list on almanachdegotha.org, an MSN Money piece, explainers from CIOThink and Nubia Magazine. Those last two carry the figure that gets quoted most and verified least, an estimated collective House of Saud wealth exceeding $1.4 trillion in 2026, anchored on control of Saudi Aramco. It is not a personal net worth, it is not from Forbes or Bloomberg, and it folds sovereign oil and fund assets into a family total. Morocco is scarcely better: one article gives King Mohammed VI $8.2bn and $2.1bn in the same breath.

So the league table is guesswork above the second decimal place, with one exception. Britain’s number is audited and published, because in 1760 a king traded rent for an allowance. His successor’s allowance is now set at a fifth of the profits from leasing the seabed to wind farms.

Author:Rob Hurley