American media: Prince William inherited the 685 -year -old Principality, with a £ 1 billion

Recently, the US media disclosed that after the death of Queen Elizabeth II of the United Kingdom, although the British royal family did not disclose its will, Charles III inherited the Principality of Langcaster, whose asset value was 653 million pounds while inheriting the throne. The first heir heir in the British throne inherited the Corporal Principality with an asset value of 1 billion pounds.

According to the United States CNN reported on the 13th, Laura Cran West writes books about the British royal family finance. She said that because the British royal family will not be disclosed, the outside world does not know its specific value. And content. "Forbes" magazine estimated last year that private property such as jewelry, art collection, investment and real estate held by Elizabeth II reached 500 million US dollars (about 3.5 billion yuan).

CNN estimates that most of the property of the British royal family -at least 18 billion pounds (about 150 billion yuan) of land, property and investment will be obtained by Charles III and his heirs. Charles III inherited the Principality of Lamyaster, and its real estate reached 4,5550 acres (about 18,000 hectares), mainly distributed in Wales and England counties. The Principality was established in 1265 by Edward II Essence

As the eldest son of Charles III, Prince William has become the first heir of the throne. CNN reported that Prince William inherited the Principality of Corwol. The Principality covers an area of ​​nearly 140,000 acres (about 57,000 hectares), most of which are located in southwestern England. The Principality was established by Edward III in 1337 and is valued at about 1 billion pounds. Its income is "used to fund the public, private and charity activities that support the Duke of Corwall."

Despite the huge amount of related property, the benefits that the British king and his heirs can receive from the property are limited. The king can only use relevant allocation to fulfill the royal duties. Neither he and heir are allowed to benefit from the assets of his territory. According to the British Think Tank Government Institute (IFG), the British king and its heirs must re -invest back to the site.

IFG pointed out that the two of the two princes are private property, which means that their owners do not need to provide any details of the assets except reporting their income. In addition, neither Prince William nor Charles III had no obligation to pay any taxes for her inherited heritage, but since 1993, both of the two princes voluntarily paid income tax.

Source: Surging News

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