She is the only person on earth who owns whole countries, and who owns countries that are not her own domestic territory. This land ownership is separate from her role as head of state and is different from other monarchies where no such claim is made – Norway, Belgium, Denmark etc.
The value of her land holding. £17,600,000,000,000 (approx).
This makes her the richest individual on earth. However, there is no way easily to value her real estate. There is no current market in the land of entire countries. At a rough estimate of $5,000 an acre, and based on the sale of Alaska to the USA by the Tsar, and of Louisiana to the USA by France, the Queen’s land holding is worth a notional $33,000,000,000,000 (Thirty three trillion dollars or about £17,600,000,000,000). Her holding is based on the laws of the countries she owns and her land title is valid in all the countries she owns. Her main holdings are Canada, the 2nd largest country on earth, with 2,467 million acres, Australia, the 7th largest country on earth with 1,900 million acres, the Papua New Guinea with114 million acres, New Zealand with 66 million acres and the UK with 60 million acres.'
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It will be interesting how 'the lot' will handle the loss of everything and the value in nothing will be all for good reason.
ReplyDeleteShe can toil on my speck of land maybe as a housekeeper, l'll instruct and train madam
..with a whip in hand...ha.
:)
How one person can own so much when some people own nothing and don't even have a shirt on their back never fails to surprise me.
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