Astonishing wealth of royal family members revealed after it doubled in a decade

The death of the monarch has focused attention on how rich the royals really are - and how much they have earned in recent years. See the list on who is the most wealthy.

After the death of Queen Elizabeth II, the combined wealth of the royal family has been revealed to have doubled in the past decade, with its distribution Prince William is now the wealthiest member of the royal family with a net worth of around £1.05 billion ($A1.8 billion).

The heir-to-the-throne beats his dad King Charles III, who is worth £900 million, ($A1.5 million) while Prince Harry and Meghan Markle have a combined worth of £20 million ($A34.2 million), according to The Sun.

The death of Queen Elizabeth II has revealed a new pecking order of the wealthiest members of the royal family. Picture: Tim Graham Picture Library/Getty Images

Princess Anne, the hardest working royal is worth £50 million ($A85 million), Prince Edward and Sophie, Countess of Wessex are worth £10 million ($A17 million), and Prince Andrew is worth £5 million ($A8.5 million).

Meanwhile, the monarchy’s wealth as an institution has more than doubled in 10 years from £9 billion ($A15.4 million) in March 2012 to £18.3 billion ($A31.3 million) in March this year.

The figure covers the wealth from land and buildings on the Crown Estate, worth around £16.5 billion ($A28 million), and the Duchies of Lancaster and Cornwall.

And it is greater than British supermarket giant Tesco’s stock market value of £17 billion ($A29 million), The Sunday Times revealed.

Prince William, the new Prince of Wales, is now the richest member of the royal family. Picture: AFP

Prince William

The new Prince of Wales became a billionaire when he took control of the 685-year-old Duchy of Cornwall estate from his dad following the Queen’s death.

He was already wealthy after inheriting £10 million ($A17m) from his mum Princess Diana and £7 million ($A12m) from the Queen Mother, who died in 2002.

Britain's King Charles III has taken the throne but all aspects of his finances are not clear. Picture: Getty Images

King Charles

King Charles inherited the 671-year-old Duchy of Lancaster when he became monarch. Its balance sheet showed £652.8 million ($A1.116 billion) this year with profits of £24 million ($A41m), triple those of the year 2000.

But other aspects of the King’s finances are less clear and it may never be known what he inherited from his late dad Prince Philip.

It is possible that he will inherit both the Sandringham Estate in Norfolk and Balmoral Castle.

Prince Harry, Duke of Sussex receives most of his wealth from his mother, Diana’s inheritance. Picture: Getty Images

Prince Harry

Most of Harry (and Meghan’s) wealth comes from the Duke of Sussex’s inheritance from his mother, the late Princess Diana.

That fortune had grown to £10 million ($A17m) by his 25th birthday.

The couple has also made commercial income from a rumoured £18 million ($A30.8m) deal with Spotify, as well as a deal with Netflix.

And local estate agents estimate the nine-bedroom estate they bought two years ago in California for £11 million ($A18.8m) may have already doubled in value.

Prince Andrew, Duke of York has a modest annual pension and little evidence that he owns valuable assets. Picture: Getty Images

Prince Andrew

Very little is known about Prince Andrew’s finances. He has an annual pension of £20,000 ($A34,200) from the Royal Navy and he received around £250,000-a-year ($A427,000) to run his office when he was a working member of the family.

He has also most likely inherited family money over the years, but there is little evidence that he owns valuable assets.

It was suggested this year that a settlement between him and Virginia Giuffre over a civil sexual assault case was agreed between £7.5-£12 million ($A12.8m - $A20.5m) but it is unknown how it will be paid.

Anne, Princess Royal, has some land holdings, and jewellery. Picture: Getty Images

Princess Anne

Princess Anne owns Gatcombe Park, a Grade-II listed building on 700 acres in Gloucestershire.

The Queen brought it for her in 1976 for around £750,000 ($A1.282m), which is around £4 million ($A6.84m) today.

The Princess Royal is also thought to own an extensive jewellery collection.

Sophie, Countess of Wessex and Prince Edward, Earl of Wessex arrive for a vigil in honour of Queen Elizabeth II. Picture: Getty Images

Prince Edward and Sophie Wessex

The Earl and Countess of Wessex live at Bagshot Park in Surrey with their children.

Prince Edward is believed to have inherited millions from his grandmother and late father.