Two queens, Elizabeth II and Beatrix, are Europe's wealthiest women, although the English monarch, with an estimated personal fortune of $8.9 billion, far outranks her Dutch counterpart, a magazine said Sunday.

Britain's Queen Elizabeth is the fourth richest person and the richest woman in the world, reported Harpers and Queen magazine. She has a jewelery collection including 25 crowns and tiaras, racing horses, a valuable art collection and thousands of acres of land and mineral rights worldwide.Queen Beatrix of the Netherlands tallied up at an estimated $4.7 billion.

Forbes' list of the world's richest people published in October listed Japan's Yoshiaki Tsutsumi as the world's richest individual, although the Sultan of Brunei and King Fahd of Saudi Arabia have been reported to have more money at their personal disposal.