Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

The Queen drops off the top end of the Sunday Times Rich List for the first time since its inception

Elizabeth II has been pushed out by the likes of Paul McCartney, Amal Alamuddin and George Clooney, and a variety of business people

Helen Nianias
Sunday 26 April 2015 06:17 EDT
Comments
The Queen Elizabeth chats to Prince Philip as the Royal couple take part in the naming ceremony for the P&O Cruises vessel at Ocean Cruise Terminal in Southampton, England. Britannia will carry over 3647 passengers and at 141,000 tonnes she will boost P&O
The Queen Elizabeth chats to Prince Philip as the Royal couple take part in the naming ceremony for the P&O Cruises vessel at Ocean Cruise Terminal in Southampton, England. Britannia will carry over 3647 passengers and at 141,000 tonnes she will boost P&O (Getty )

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Queen Elizabeth II has dropped out of the Sunday Times Rich List's top 300 most wealthy for the first time since the record began.

The monarch does not feature in the 2015 list, which was published today.

The list was started in 1989, and profiles the most wealthy people in Britain, and outlines where their wealth comes from.

The Queen topped the first list, but this year has come in at 302 with a wealth of £340 million. This draws her level with Assem Allen and family (generators), John Duffield and family (finance) and Clinton, Spencer and John McCarthy (construction). In 2014, she placed at 285 on the list.

However, it's not all bad news for the coffers of the family Windsor and it doesn't look like the Queen's going to be signing on any time soon.

Her income has actually risen by £10million thanks, in part, to the Sovereign Grant, which sees her receive 15 per cent of the profits from the Crown Estate.

The Queen's investment portfolio is also estimated to have grown to £110million.

Also, the Rich List doesn't take the Royal Collection into account. This priceless collection of artworks - including works by Rembrandt, Monet, Landseer and Durer - will probably do quite well on Flog It! if times get even harder for the monarch.

This year's list shows a boom in British billionaires - there are now 117 of them, an increase from 104 in 2014.

2015's wealthiest person is Len Blavatnik, a Ukraine-born businessman who made his fortune in music and oil.

Queen Elizabeth's second great-grandchild by the Duke and Duchess of Cambridge is due to be born imminently.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in