The new Duke of Wales has become one of England’s biggest landowners after inheriting the Duchy of Cornwall estate which has an estimated value of more than $1 billion.
Prince William has inherited the Duchy of Cornwall, a property and land portfolio that once belonged to the former Duke of Cornwall, making him one of England’s biggest landowners.
The estate covers more than 128,000 acres across England and Wales and includes farmlands, commercial properties, homes, forests, rivers, and coastline. The charter outlined a set of rules, including that the Prince of Wales is not entitled to its proceeds or profit on the sale of assets, which are still observed today.This comes after news that the new Prince and Princess of Wales, William and Kate, are reportedly set to delay moving to Windsor Castle after having only recently moved from Kensington Palace to Adelaide Cottage with their three children.
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