A revelation regarding the fortune of the Royal family shakes Buckingham Palace. Contrary to what they claim, the king and his heir would receive public money via their two duchies.
A secret well kept by the royal family… A few days ago, the Sunday Times and Channel 4 have unveiled a complete investigation into the origin of King Charles III's fortune, estimated at 600 million pounds, or 686 million euros. The file is enough to make members of the crown cringe since it would reveal how the royal family managed to enrich itself over the years, against a backdrop of income received from, among others, public organizations. .
“Paying ministries, councils, businesses, mining companies and the general public” : the Sunday Times reveals the underside of the royal fortune
The affair has shaken Buckingham Palace in recent days. While it is common knowledge that King Charles III and Prince William enrich themselves thanks to the income generated by the duchies of Cornwall and Lancaster, both media outlets sought to discover the identity of their donors. THE Sunday Times writes on the subject that the royal family would win: “Millions of pounds every year by charging government departments, councils, corporations, mining companies and the general public through a series of commercial rents and feudal levies on land largely seized by medieval monarchs.“The British newspaper says:”Most often in the form of rental leases or feudal taxes on land occupation. All title deeds and leases are in the name of the monarch and Prince William, who are very involved in the management of their estates“, relays The International Mail.
£50m reportedly received by the King and his heir this year from deals over the Duchies of Cornwall and Lancaster
The two duchies would have 5,400 land holdings and real estate, spread over 73,000 hectares. The British newspaper draws attention to the contradictions of the royal family, which prides itself on not pocketing public money, but which, at the same time, collects money from certain public services and implements taxes to manage schools or even cross rivers. 11.4 million pounds would have been paid to the Crown by the public health system for warehouse rental, according to BFM. The Duchies of Cornwall and Lancaster are private estates seized by monarchs centuries ago, a long-standing legacy within the royal family. The deals made on these lands would have raised nearly £50 million for the king and his heir this year.
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