King Charles III took the highest position in the monarchy and I inherited a fortune About 425 million euros from his mother, Queen Elizabeth II. For your son and first in line for the throne Prince Williamleaves the new monarch Duchy of Cornwall.
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Established by King Edward III in 1337, the duchy includes 567 square kilometers of land and property, mostly in southwest England. The new ownership makes William the largest landowner in the country.
With a value of R$ 6.2 billion, a large portion of its profits are used to fund public, private and charitable activities. Last year, the property’s profit amounted to 23 million pounds (137.32 million Brazilian reals).
One of the properties in the portfolio is Oval Cricket Ground in central London. The site has been leased by Surrey County Cricket Club since 1874. Also on the list is Dartmoor Jail and a park center in Lostwhill, Cornwall.
a Prince He and his wife, Catherine, also inherited a residential development in Nansledan, a development of 4,000 homes and a main street that is expected to take three decades to complete.
Charles III’s inheritance
The new British king inherits the Duchy of Lancaster, another huge private estate of commercial, agricultural and residential real estate. Charles III also begins to hold, even if symbolically, the assets of the royal institution, such as land, jewelry, and artwork.
Another source of income for the King is the annual Sovereign Grant from the British Treasury, which corresponds to 15% of the profits of the Crown’s Treasury. The private fortune left by his mother is around 425 million euros (2.198 billion Brazilian reals).
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