Inside the British Monarchy’s £13 billion property empire

LONDON — It pays to be a monarch.

The British Monarchy holds a huge amount of historic property in the UK, which is managed by the Crown Estate.

The Crown Estate announced in June last year that it returned a record £328.8 million ($464 million) to the Treasury in 2016 as the value of the overall estate rose to an astonishing £13.1 billion ($18.5 billion).

Under current arrangements, the Queen receives 25% of the Crown Estate’s revenues in the form of a Sovereign Grant, which is used to fund her official work and the upkeep of her residences.

Alongside property historically owned by the monarchy, the Queen also personally owns property assets — rather those attached to the office of the monarch — and her holdings include some of the grandest properties in Britain.

Business Insider took a look at the most spectacular royal assets. The list includes some of the country’s best-known buildings: Iconic race courses, grand hotels, historic castles, and an offshore energy portfolio worth over £1 billion ($1.4 billion).