Queen Elizabeth II became the longest-reigning monarch in British history on Sept. 9, when her tenure reached 63 years and 216 days. She overtook her great-great-grandmother, Queen Victoria, who cemented Britain’s position as a superpower with an empire encompassing a quarter of the world’s land. While Elizabeth’s country has lost global influence during her reign, she’s ruled over an unprecedented period of wealth creation, marked by the emergence of billionaire financiers and entrepreneurs. Thus the woman who inherited one of the richest thrones in the world in 1952 has steadily slipped down the rankings of Britain’s richest people.
The 89-year-old monarch’s personal fortune, largely inherited from her family, is about $425 million, according to an analysis by Bloomberg. That’s a mere 3 percent of the $14.4 billion fortune of the richest Briton, Gerald Grosvenor, Duke of Westminster, a landowner and property developer with extensive holdings in London’s West End. Europe’s richest woman, Liliane Bettencourt, has a $32 billion fortune. “The queen is a steward of the monarchy,” says Sally Bedell Smith, author of Elizabeth the Queen: The Life of a Modern Monarch, a 2012 biography. “She’s not as rich as everyone thinks she is.”
Diese Geschichte stammt aus der September 14 - September 20, 2015-Ausgabe von Bloomberg Businessweek.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der September 14 - September 20, 2015-Ausgabe von Bloomberg Businessweek.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers