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King Charles and Prince William’s multi-million pound tax-free fortune discovered – UK media report
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King Charles and Prince William’s multi-million pound tax-free fortune discovered – UK media report

King Charles and his son Prince William are increasing their vast fortune with rents from British institutions, including schools, fire stations and even hospitals, British media reported.

Sunday time The newspaper and Channel 4 television joined forces in a five-month investigation which uncovered more than 5,000 land registration documents linked to the two men’s huge property portfolios, the King’s Duchy of Lancaster stronghold and that of Prince William’s Duchy of Cornwall.

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On Saturday evening, Channel 4 broadcast the documentary The king, the prince and their secret millions, while Sunday time The newspaper published supporting documents overnight.

Claims made on the show and in the press include:

  • Both duchies earn millions of pounds in rents each year from government departments, councils, businesses, mining companies and the general public via a series of commercial rents and feudal levies on land largely seized by monarchs medieval.

  • Kings charge for the right to cross rivers; unload the cargo on the shore; run cables under their beaches; running schools and charities; and even dig graves. They earn income from toll bridges, ferries, sewer lines, churches, village halls, pubs, distilleries, gas pipelines, boat moorings, surface and underground mines, car parks , rental houses and wind turbines.

  • The documentary also cites several examples where carbon emissions on land owned by the Duchy of Cornwall conflict with the values ​​championed by Prince William in his Earthshot campaign, which focuses on preserving the planet for future generations.

Sunday time quoted a spokesperson for the Duchy of Lancaster stating: “The Duchy of Lancaster operates as a trading company, managing a wide range of land and property assets across England and Wales. It complies with all UK laws and regulatory standards applicable to its range of business activities.

And a spokesperson for the Duchy of Cornwall said:

“The Duchy of Cornwall is a private estate with a commercial imperative which we deliver alongside our commitment to restoring the natural environment and generating positive social impact for our communities. »

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