Who Pays for King Charles III? The Answer Is Changing

The Crown Estate, which finances the British monarchy, used to be a property company. Awkwardly, it is becoming a national renewable-energy champion.

Details of King Charles III’s personal wealth are a closely held secret. WSJ breaks down what is known about the monarch’s assets, his income streams and what he inherited from Queen Elizabeth II. Photo: Hannah McKay/AFP

The funding of the British monarchy, never clean, is getting messier.

The transfer of ceremonial power from the late Queen Elizabeth II to her son, King Charles III, reached a climax with Saturday’s coronation in London. Behind the scenes, the company that finances the public activities of Britain’s royal family is also undergoing a radical generational change.

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