The assets of the Prince of Wales‘ private estate are worth more than £1bn, annual accounts have shown.
The Duchy of Cornwall‘s assets, a portfolio of land, property and investments which provide an income for Prince Charles, have risen £33m to £1,099,748,000 in 2018-2019. Prince Charles’ estate extends across 23 counties in England and Wales, and includes 52,760 hectares of land and 2,360 hectares of woodland. Properties owned by the estate include the Oval cricket ground in south London.
The heir to the throne’s annual income from the duchy is £21.6m.
Meanwhile, Duke and Duchess of Sussex renovated their Windsor home with £2.4m of taxpayers’ money.
In the last financial year, the royal family cost UK taxpayers £67m, nearly £20m more than the previous year