This family owns 16% of land on earth, has fields, forests, beaches, properties, left behind King Abdullah of Saudi Arabia, the name is…
This family is often referred to as the largest landowner on the planet, owning a staggering 16% of the world’s landmass. Their holdings span from the northernmost to the southernmost parts of the globe and include vast agricultural fields, dense forests, valuable urban real estate, and pristine coastal stretches. Managing this enormous estate is a dedicated organization known as The Crown Estate.
This is none other than the British Royal Family, led by King Charles III, who inherited this massive empire after the passing of his mother, Queen Elizabeth II. While King Charles is the current owner of this wealth, he doesn’t privately own it. The properties and lands are managed and utilized for public and royal purposes under the Crown’s stewardship.
British Monarchy’s Holdings
As per reports from Insider and trade publications, King Charles III oversees 6.6 billion acres of land spread across regions like Great Britain, Ireland, Scotland, Wales, Canada, and Australia. This accounts for approximately 16.6% of the Earth’s total landmass. These assets include farmland, forests, retail properties, residential areas, office complexes, and coastal areas.
The Crown Estate, a corporation managing these holdings, is responsible for real estate acquisitions, operations of shopping centers, and even dealing in resources like sand, gravel, limestone, and coal. This organization plays a vital role in generating revenue from the monarchy’s extensive assets.
Additionally, the King benefits from private property holdings under the Duchy of Lancaster, which includes over 18,000 hectares of land, valued at £654 million. This property generates annual profits of approximately £20 million.
Economic Impact of the British Crown Estate
The Crown Estate consistently delivers significant profits. In 2022, it earned revenues of $490.8 million, with net profits amounting to £312 million. The total value of the British monarchy’s global properties is estimated to be $15.6 billion.
When King Charles III ascended the throne in September 2022, he assumed control of an empire valued at $46 billion, most of which is tied to real estate.
Other Notable Landowners
Second on the list of the world’s largest landowners is Saudi Arabia’s King Abdullah, who privately controls 830,000 square miles. The Saudi royal family’s wealth and influence are amplified by their vast oil reserves, making them one of the wealthiest and most powerful families globally.
The British Royal Family’s legacy as unparalleled landowners, combined with their historical significance and management acumen, underscores their enduring influence in modern times.