Calculations by the Sunday Times Rich List has suggested that King Charles is richer than David and Victoria Beckham – and even his late mother, Queen Elizabeth II

King Charles at a Buckingham Palace Garden Party (Image: PA)

King Charles’ personal wealth has jumped by £30million in the last year, it has been revealed. The King is now worth £640million, according to the Sunday Times Rich List, suggesting he is £140 million richer than David and Victoria Beckham, who are said to be worth £500 million, with former England captain Beckham being Britain’s richest sports star.

The 76-year-old monarch, who ascended to the throne in 2022 and has faced a challenging past year as he continues to undergo treatment for cancer, has benefited from the investment portfolio he inherited from his late mother for the bulk of his wealth, the newspaper’s list said.

The King is now worth £640million, according to the Sunday Times Rich List(Image: AFP via Getty Images)

His private estates, Sandringham in Norfolk and Balmoral in Aberdeenshire, which belonged to the Queen, are part of his financial fortune. Only personal assets are included by The Sunday Times when assessing the sovereign’s wealth.

This does not include the Crown Estate, which saw soaring profits thanks to wind farm deals, the Duchy of Lancaster estate, nor the Crown Jewels, which are held in trust by the King for the nation.

The late Queen’s wealth was said to be £370million in 2022, with Charles now estimated to be worth £270 million more than his mother, rising from £610 million to £640 million in 2025. As the Prince of Wales, Charles received a private income of around £23 million a year from the Duchy of Cornwall.

It was used in part for non-official expenditure for himself and his family and for the official cost of personal staff, his office and official residences. The news outlet’s annual rich list was released on Friday and will be included in a 76-page special edition of its Sunday magazine.

Balmoral estate in Aberdeenshire (Image: Tim Graham Photo Library via Getty Images)

It reveals the wealth of the 350 richest individuals and families in the UK, based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. The 37th list registers the third consecutive drop and the biggest fall in the number of UK billionaires in its history.

At the top is Indian-born British businessman Gopi Hinduja and his family, with a wealth put at £35.billion, though down from £37billion last year.

The list took in both inherited wealth and self-made tycoons. The latter includes ex-market trader Tom Morris, who is behind booming discount chain Home Bargains, and is known as Liverpool’s richest man. The publicity-shy businessman is in 26th place on the list, with his fortune growing from £6.67billion to almost £7billion.

Talking of Liverpool, new entrants this year include Tom and Phil Beahon, the brothers who launched Castore, the sporting brand worn by England’s rugby and cricket teams. They started the business from their parents’ Liverpool home, and have hit the big leagues at £350million, despite still being aged in their 30s.