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18th Sep 2022

Prince William inherits £1.2 billion property portfolio from his father

Jack Peat

He will technically be his dad’s landlord as long as the King lives in Highgrove

Prince William has inherited an eyewatering property portfolio after his dad was made King.

The Monarch handed over the 130,000-acre Duchy of Cornwall to his eldest son when the queed passed away on 8th September.

The inheritance has made the new Prince of Wales the biggest private landowner in Britain, with a £1.2 billion holding across 23 counties, including farms, housing developments, seven castles, woodland, coastlines and commercial property.

It also means William is technically his father’s landlord as long as the King continues to live in his beloved Highgrove estate in Gloucestershire.

For his part, Charles has inherited a sizeable portfolio, either directly from the Queen – including Balmoral and Sandringham – or as part of the Crown Estate, such as Buckingham Palace or Windsor Castle.

These join those he already owned including Birkhall on the Balmoral estate, inherited from the Queen Mother; Dumfries House and the Castle of Mey, the Scottish landmarks held by his charitable trust; and two Romanian boltholes.

Within William’s property portfolio is most of the 200-plus Scilly Islands and rocks off the Cornish coast, the freehold of Dartmoor prison and Poundbury, a town in Dorset.

He will also own the Oval Cricket Ground, bizarely.

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