Prince William’s net worth has skyrocketed since The Queen passed away on Thursday September 8. So much so that he is now worth more than his dad, King Charles III. The firm’s £20 billion net worth consists of jewellery, land, cash, and property, but of course not all members are worth the same.
Prince Charles will inherit the Duchy of Lancaster, plus much of his late mother’s near-£400million fortune.
The late sovereign’s net worth was put at about £370 million, and Charles will inherit most of this. The famous Duchy of Lancaster estate – formerly known as the Privy Purse – provided the Queen with an annual income.
In 2021/2022, it amounted to £23.96 million. The 18,433 hectare Duchy estate was founded in the 13th century and is a portfolio of land and assets in Lancashire, Yorkshire, Cheshire, Staffordshire and Lincolnshire.
The Queen was not entitled to touch the capital of the estate but profits from the property empire go into the Privy Purse, providing a ‘private’ source of income for the monarch.
Today’s funeral will take place at 11am, after which her coffin will be taken in a walking procession from the abbey to Wellington Arch, at London’s Hyde Park Corner, and be transported by hearse to Windsor Castle and her final resting place in St George’s Chapel.
Numerous world leaders are expected to attend – including US President Joe Biden. Hundreds of thousands of public mourners, however, have been filing into the Abbey since Thursday, when the Queen’s coffin arrived in London. The queue to do so was, at some points, up to 15 hours long.
The late 96-year-old will be the first monarch to have their funeral in Westminster Abbey since George II in 1760.
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