Prince William plans to sell about 20% of the Duchy of Cornwall over the next 10 years to fund new housing, environmental, and renewable energy projects.
The Duchy of Cornwall, created in 1337 to support the heir to the throne, is now managed by William after King Charles became king in 2022. And according to The Times, the future king is expected to raise about the equivalent of US$670 million from the sales, with the duchy focused on five main areas: Cornwall, Dartmoor, the Isles of Scilly, Bath, and parts of London.
The Duchy of Cornwall, worth over $1.3 billion and providing William about $31 million a year, would use the funds to build thousands of homes and expand green energy projects in England.
Indeed, when we think of royal residencies, usually opulent palaces and castles spring to mind. But the truth is that the British royal family owns a wide variety of real estate, ranging from small cottages to enormous palaces.
You might be familiar with royal residences such as Buckingham Palace in London, which was the official residence of the late Queen Elizabeth II and now King Charles III, but do you know where other royals live, and have lived?
Browse through this gallery and marvel at the amazing residences owned by the British royal family.