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Rock band Queen may be richer than the Queen herself thanks to 'Bohemian Rhapsody'

The massive box-office success of 'Bohemian Rhapsody,' has left the surviving band members namely Brian May, Roger Taylor and John Deacon sitting on a fortune that exceeds the British Queen's wealth.
UPDATED MAR 27, 2020
Drummer Roger Taylor of Queen (Source : Getty Images)
Drummer Roger Taylor of Queen (Source : Getty Images)

One major reason to look forward to The Sunday Times Rich List is the probability that the three surviving members of Queen are richer than the monarch herself.

The massive box-office success of 'Bohemian Rhapsody,' which tells the extraordinary story of Freddie Mercury and his band, 'Queen,' has left the surviving band members namely Brian May, Roger Taylor, and John Deacon together sitting on a £445m ($58 M) fortune. Their combined wealth is larger than that of the British Queen herself which is estimated to be £370m ($48 M).

(L-R) Jim Beach, Brian May of Queen, Lucy Boynton, Rami Malek, Roger Taylor of Queen and Sarina Potgieter attend the 76th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 6, 2019 in Beverly Hills, California. (Getty)

Each member is said to be adding an estimated £25m ($3 M) to their wealth this year, according to the publication, but the monarchy's wealth has "flat-lined." The British monarchy once the wealthiest Britons, lost their rank when Queen Elizabeth II ceded her leadership in 1994 after some criteria were changed. The Queen had been topping the list for five years from 1989 to 1994.  She came in at fourth last year. However, the Rich List has now set a strict criteria, it now excludes the Crown Estate and the Royal Art Collection from the Queen's assets.

The 'Bohemian Rhapsody' film is close to raking $1 billion in worldwide ticket sales and has played a major role in increasing the band's fortunes. The rock band's hits also bring royalties in and Bohemian Rhapsody was recently named as the most streamed song from the 20th century. 

However, according to a Reuters report, Queen Elizabeth II became the wealthiest as a result of the 2007 global financial crisis. The British monarchy benefited heavily from the increase in house and land prices, making them the most powerful family on the planet. Since it is not possible to calculate how much the monarchy is truly worth, the calculation done on the monarchy’s interest in 2015 had nominal assets valued at approximately £22.8 billion ($30 bn).

 In this undated image supplied by Sky News, Queen Elizabeth II sits at a desk in the 1844 Room at Buckingham Palace, after recording her Christmas Day broadcast to the Commonwealth at Buckingham Palace, London. (Photo by John Stillwell - WPA Pool/ Getty Images)

Even though the UK-based musicians, 'Queen,'  have earned a sizable amount of money since the release of the Oscar-winning film and even prior to that the net worth of the band was huge after selling over 300 million albums, it's hard to believe that they are richer than one of the oldest monarchies in the world.

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