Photographer: Christoffer Rudquist/Bloomberg Markets

The Real Estate Manager Who’s Making the Queen Richer

The Crown Estate, which generates a tidy income for Queen Elizabeth II, owns chunks of London’s West End and vast swaths of rural Britain.

Fifteen years ago, London’s Regent Street was known for Liberty, the high-end department store with its mock Tudor facade, and Hamleys, the 255-year-old toymaker. Otherwise, it was a West End backwater filled with airline offices, carpet shops, and stores selling royal kitsch aimed at tourists.

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