According to the investigation, the two British royals collected millions of dollars, feeding the coffers of the Duchy of Lancaster and the Duchy of Cornwall, financial entities belonging respectively to the King and the heir to the British throne.
An investigative documentary
King Charles and Prince William are at the center of a scandal following the broadcast of the investigative documentary The King, The Prince & Their Secret Millions…
Their royal estates
…which revealed that they had personally contributed millions of dollars to the coffers of their respective royal estates, obtained through their links with charities, public services and taxes paid by citizens.
Millions of dollars
According to the investigation, the two British royals collected millions of dollars, feeding the coffers of the Duchy of Lancaster and the Duchy of Cornwall, financial entities belonging respectively to the King and the heir to the British throne.
Several months
The investigation, carried out over several months in collaboration with The Sunday Times and Channel 4’s Dispatches, revealed the millions of dollars accumulated each year by Charles and William…
The various methods
…including $35 million for King Charles and $30 million for Prince William last year alone, and the various methods used to amass this fortune.
Millions every year
King Charles and Prince William’s financial entities generate millions every year from lands seized by medieval monarchs. They receive income from a variety of sectors, including government, business and the general public, via commercial rents and feudal royalties.
These revenues
These revenues come from river rights of way, the use of coastlines to unload cargo, the installation of cables under beaches, the operation of schools and charities, as well as tolls on bridges, churches, mines, parking lots, housing, and many other sources.
Tax-free
These millions of dollars raised by the King and Prince are, of course, tax-free thanks to a special agreement with the Treasury.
Fees charged
According to The Sunday Times, these sums come from fees charged to various public services, such as the army, navy, National Health Service, prisons and state schools, for the use of these lands, rivers and even coastlines.