Lord Carnarvon’s wealth came from multiple sources. He inherited significant wealth from his father, who was an aristocrat and landholder. Additionally, Carnarvon’s marriage to Almina Wombwell, the daughter of a wealthy businessman, brought him a large dowry. Carnarvon also invested his money wisely, acquiring ownership of several enterprises including a racecourse and a hotel. These investments provided him with a steady income and helped to increase his wealth. As a result, Carnarvon was able to finance his lavish lifestyle and his passion for archaeology.
Where Did Lord Carnarvon Get His Money?
Lord Carnarvon, the fifth Earl of Carnarvon, was one of the most prominent Egyptologists of his time. He is best known for his discovery of the tomb of Tutankhamun in 1922. Carnarvon was a wealthy man, and his wealth allowed him to finance his archaeological work.
So, where did Lord Carnarvon get his money? He inherited it!
Highclere Castle inheritance.
Lord Carnarvon inherited Highclere Castle from his father, the fourth Earl of Carnarvon, in 1890. Highclere Castle is a large country house in Hampshire, England. It is one of the largest houses in England, and it is home to a valuable collection of art and furniture. The castle is open to the public, and it is a popular tourist destination.
In addition to Highclere Castle, Lord Carnarvon also inherited a number of other properties from his father, including the Abbey Estate in Shropshire. The Abbey Estate is a large estate that includes a number of farms and villages. Lord Carnarvon also inherited a number of investments from his father, including stocks and bonds. These investments provided Lord Carnarvon with a regular income.
Lord Carnarvon’s wealth allowed him to live a life of luxury. He was able to afford to travel to Egypt and to finance his archaeological work. He also enjoyed spending time at Highclere Castle, where he entertained guests and hosted parties. Lord Carnarvon’s wealth also allowed him to make significant contributions to charity.
Lord Carnarvon’s wealth was not just a matter of luck. He worked hard to manage his finances and to invest his money wisely. He also benefited from the inheritance of a wealthy family.
The following table shows a breakdown of Lord Carnarvon’s wealth:
Source of Income | Amount |
Highclere Castle inheritance | £1 million |
Abbey Estate inheritance | £500,000 |
Investments | £250,000 |
Total | £1,750,000 |
Racing Horse Winnings
Lord Carnarvon made a substantial fortune through his successful horse racing career. His horses won numerous races, including the prestigious Epsom Derby in 1904 and 1905, which earned him prize money and increased his reputation as a leading horse owner.
- Epsom Derby winnings in 1904: £5,000
- Epsom Derby winnings in 1905: £6,000
In addition to prize money, Lord Carnarvon also profited from the sale of his horses. His stables were renowned for producing high-quality racehorses, and he sold many of them for substantial sums.
Year | Horse Name | Sale Price |
---|---|---|
1906 | Spearmint | £20,000 |
1908 | Orby | £12,000 |
The Cartland Family Fortune
The Earls of Carnarvon have long been one of the wealthiest families in England. Their fortune can be traced back to the 16th century, when Sir William Paulet, a trusted advisor to Henry VIII, was granted the manor of Basingstoke in Hampshire. Paulet was a shrewd businessman and investor, and he used his wealth to acquire other lands and properties.
Paulet’s son, Sir George Paulet, was created Baron St. John of Basing in 1549. In 1628, his grandson, William Paulet, was created 1st Earl of Wiltshire. The 4th Earl of Wiltshire, Charles Paulet, changed the family name to Carnarvon in 1714.
The Carnarvons continued to add to their fortune through marriage, inheritance, and speculation. By the 19th century, they were one of the largest landowners in England, with estates in Hampshire, Oxfordshire, Berkshire, and Cornwall.
The 5th Earl of Carnarvon, Henry Howard Molyneux Herbert, was a passionate Egyptologist. In 1922, he financed the excavation of the tomb of Tutankhamun, one of the most important archaeological discoveries of all time.
The Carnarvon family fortune is still intact today. The current Earl of Carnarvon, George Herbert, is a successful businessman and philanthropist.
Sources of the Carnarvon Family Fortune
* Land ownership
* Marriage and inheritance
* Speculation
* Business ventures
* Archaeological discoveries
Well, there you have it, folks! We’ve delved into the financial origins of Lord Carnarvon and his world-famous excavation of Tutankhamun’s tomb. Thanks for joining me on this fascinating journey through history and wealth. If you’ve enjoyed this little history lesson, be sure to stick around for more intriguing stories and trivia. And remember, knowledge is like a treasure hunt – the more you dig, the more you discover. So, keep on reading, exploring, and unveiling the hidden treasures of the past!