Queen loses £50 million in the economic downturn
As a result of the credit crunch the monarch's personal fortune has shrunk by £50 million in the past year.
Falling property and share prices have contributed to the loss. The 82-year-old monarch's investment portfolio, made up largely of shares in blue-chip British companies, has lost 30 per cent of its value and is now worth about £70 million.
Her wealth is listed in the Sunday Times newspaper's annual rich list as £270 million – a 16 per cent fall from the £320 million it was valued at in 2008
Photo: © Getty Images
Monday April 27, 2009
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- Monday April 27, 2009
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- Friday April 24, 2009
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