They own the catalog outside North America through the UK-based Queen Productions Ltd, which raked in a staggering £39 million ($48 million) in royalties in 2021.
According to financial records, future earnings of Queen are split four ways between the Freddie Mercury estate and his three surviving bandmates - guitarist Brian May, drummer Roger Taylor and bassist John Deacon. It means that Miss Austin receives around 19 per cent.
Who earns Freddie Mercury's royalties and how much do they get? After his death on November 24, 1991, Freddie gave his home, 50 percent of his recording royalties and most of his wealth to Mary Austin, with the remainder going to his parents and sister.
John Deacon still makes money from all the Queen Recordings, as well as he runs the business end of Queen now, so he gets paid from that on top of tons of royalties. He also owns the Queen name just as much as Brian and Rodger. He just doesn't speak to the guys or perform.
That filing revealed that Queen Productions Ltd. – which reflects the band's revenues generated by music copyrights – generated GBP £41.67 million (USD $53.5m) from royalties in FY 2020 (the 12 months to end of September that year).
Brian May – US$210 million
Coming in at No 1, the richest Queen member is guitarist (and astrophysicist!) Brian May.
Queen Elizabeth is believed to have left an estate worth approximately 782 million dollars solely to her son, King Charles. King Charles' inheritance from his mother will not be taxed due to the fact that money exchanged from "monarch to monarch" is exempt from taxation.
Streaming services show that, today, Queen's master recordings are owned by Queen Productions Ltd, and licensed worldwide (ex-US/Canada) to Universal Music. (Queen's US/Canada recording rights are owned by Disney.)
Freddie Mercury and Mary Austin were so close, that at one stage Freddie asked her to marry him, and he also left her half of his £75 million estate, including the £25 million Georgian mansion in Kensington. They did in fact date, and although they split up as romantic partners, they remained very close friends.
Queen are raking in an incredible £100,000-plus a day from the Bohemian Rhapsody biopic. The surviving members of the band - Brian May, Roger Taylor and John Deacon and the estate of late frontman Freddie Mercury - have been earning £20.17 million between them since the film's release in 2018.
However, Mercury did leave him with £500,000 (nearly $1 million, per the 1991 conversion rate), which he used to move back to Ireland. He also wrote a book about their relationship, simply titled Mercury and Me. Hutton died on January 1, 2010, after a long battle with cancer.
The music catalog of the legendary rock band Queen, which is currently owned by Disney, could soon sell for more than $1 billion, according to CNN.
“Bohemian Rhapsody” grossed more than $900 million at the global box office, but the screenwriter says he has not seen a penny of net proceeds, because he was told the film actually lost $51 million.
According to the 2019 Sunday Times Rich List, Deacon was worth £130 million.
Rock band Queen now richer than actual Queen after amassing £445 million fortune - Mirror Online.
After months of murmurs, news broke just before the long Memorial Day weekend that, according to unnamed sources, the surviving members of Queen were in the process of selling the legendary group's catalog for a mind-boggling $1 billion.
The guests included the star's bandmates and their wives, as well as Elton John, Mary Austin and Freddie's partner Jim Hutton.
Three years after Freddie's death, Jim published a book about his time with the singer titled Mercury and Me. He worked as Freddie's gardener after moving into the singer's Kensington mansion, and preferred to stay away from the rock and roll lifestyle.
He left one quarter of his future earnings from Queen to his parents and another quarter to his sister. Apart from some minor bequests, everything else went to Mary. But Mary admitted not everyone was happy with this decision: "Some of the fans even told me I was only the keeper of the house.
The British Royal Family are notable clients; the bank was sometimes referred to as "the Queen's bank". There are stringent requirements to being accepted as a client, not just based on financial assets.
Queen Elizabeth only owns one television, according to her son Prince Charles. On his recent trip to Northern Ireland, the Prince of Wales was asked how many TVs his mother owned by a curious schoolboy, to which he replied: “One I think. And maybe one or two elsewhere as well, you never know.”
Forbes magazine estimated the Queen's net worth at around $500 million (about £325 million) in 2011, while an analysis by the Bloomberg Billionaires Index put it at $425 million (about £275 million) in 2015.
How much did Kate Middleton inherit from Queen Elizabeth II? Radar Online reported in September 2022 that was Kate was expected to inherit $110 million in jewelry from the Queen after her death. The collection includes 300 personal pieces of jewelry that belonged just to the Queen and not the Crown.
Representatives told Forbes in 2021 that Harry was not a beneficiary of any of the $100 million left to the royal family by his great-grandmother, the Queen Mother. It's unclear if Harry was left any money from his grandmother the late Queen Elizabeth II, whose will is expected to stay sealed for at least 90 years.
The Crown Estate is not owned by the public and the public do not pay out of their own taxes to operate the Crown.”