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Home » King Harald V of Norway Net Worth

King Harald V of Norway Net Worth

January 14, 2025
in Royals
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King Harald V of Norway Net Worth

King Harald V of Norway Net Worth

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Harald V is King of Norway. A member of the House of Glücksburg, Harald was the third child and only son of King Olav V of Norway and Princess Märtha of Sweden. King Harald V of Norway Net Worth. He was second in the line of succession at the time of his birth, behind his father.

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Net Worth: $30 Million
Category: Richest Politicians › Royals


Overview

King Harald V of Norway, the reigning monarch of Norway since January 17, 1991, has a net worth of $30 million. As a prominent royal figure, he represents the Norwegian constitutional monarchy, leads the nation’s Armed Forces, and is a symbol of unity for the Norwegian people.


Personal Information

  • Full Name: Harald V
  • Title: King of Norway
  • Birthdate: February 21, 1937
  • Birthplace: Skaugum, Norway
  • Spouse: Sonja Haraldsen
  • Religion: Evangelical Lutheranism (Church of Norway)
  • Children:
    • Crown Prince Haakon (heir apparent)
    • Princess Märtha Louise

Education

  • University of Oslo – Studied in Norway.
  • Balliol College, Oxford – Studied history, economics, and politics in the United Kingdom.

Accession to the Throne

King Harald became monarch following the death of his father, King Olav V, on January 17, 1991. His formal benediction took place on June 23, 1991. He is the third monarch in the House of Schleswig-Holstein-Sonderburg-Glücksburg, a branch of the Danish royal family.

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Public and Military Roles

As King, Harald holds primarily ceremonial and representative roles, which include:

  • Commander-in-Chief: He is the official head of Norway’s Armed Forces.
  • National Symbol: Represents the unity of the Norwegian state.

Sporting Achievements

An accomplished yachtsman, King Harald has represented Norway in the Olympic Games on three occasions:

  1. 1964 Tokyo Olympics
  2. 1968 Mexico City Olympics
  3. 1972 Munich Olympics

His love for sailing continues to be a hallmark of his personal and public life.


Net Worth and Assets

King Harald’s net worth of $30 million stems from various sources:

  • State Stipend: The King receives an annual allocation for royal duties and personal expenses.
  • Personal Assets: Ownership of properties and private investments contribute to his wealth.
  • Symbolic Holdings: As monarch, he has access to palaces and residences, such as the Royal Palace in Oslo, though these are state-owned.

Legacy

King Harald V is celebrated for his dedication to service and love for Norway. His leadership, marked by a balance of tradition and modernization, has helped maintain the monarchy’s relevance in a contemporary democratic society. Known for his approachability and sportsmanship, Harald is widely respected both in Norway and internationally.

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