Whoa! Prince William Just Inherited A BILLION Dollars?!
14.09.2022 - 22:39
/ perezhilton.com
Prince William’s fortune just rose!!
For the most part, the royal family’s wealth remains a mystery and probably always will. We know they have money — but how much exactly??
Over the years, financial experts have done some digging to determine estimates of each family member’s fortune based on well-documented accounts of their personal collections and inherited properties. And although royal wills aren’t made public, the changing of their titles coincides with an expensive transition of wealth!
For reference, per Forbes last year, Queen Elizabeth’s personal fortune was worth $500 million, including jewels, an art collection, investments, and two residences (Balmoral Castle and Sandringham House, both of which she inherited from her father, King George VI). Now we don’t know what will become of her wealth, but following Queen Elizabeth II’s death, Prince William and King Charles III are set to inherit some very pricy assets!
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According to CNN Business on Wednesday, properties make up most of the royal wealth, worth at least $21 billion in land, property, and investments. And it’s all going to the new monarch and his heir!
William, who is now first in line to the throne and currently holds the titles Duke of Cornwall and Duke of Cambridge — with the Prince of Wales title to be officially bestowed on him in the future — has inherited the private Duchy of Cornwall estate once owned by his father. The price tag?
An estimated $1.2 billion!!
The estate was created in 1337 by King Edward III and is worth just over a billion bucks these days, per financial records last year. The property stretches across 140,000 acres in southwest England. According