Separate to the Crown Estate, the Queen also earns a pretty penny from her own vast collection of property and land, around 18,000 hectares in England and Wales to be precise. Such assets are known as the Duchy of Lancaster and are managed and run on behalf of the Queen, who in turn receives all the net profits, which totalled £22.3 million ($27.8m) in the financial year ending March 2021. It is not subject to tax, but the Queen has voluntarily paid tax since 1993.