In September, Queen Elizabeth II died and Prince Charles, Crown Prince of Wales, succeeded to the throne as King Charles III of England. Subsequently, in his first public address as king, Charles III unexpectedly quickly established his eldest son, Prince William, as crown prince.
Cha San said in his speech: "My eldest son and heir, William, inherited the title of 'which means so much to me' Scottish and succeeded me as Duke of Cornwall. I am proud to have named him Prince of Wales (Tywysog Cymru). For most of my life and in the performance of my duties, I have had the great honor to carry the title of this country. I know that with Catherine by his side, our new Prince of Wales and Princess of Wales will continue to inspire and lead our national dialogue Blabla.... ”
The title of Prince of Wales is a real "fat difference", it is not only a symbol of status and status, this title also means that Prince William inherited the "exclusive fief" of the British Crown Prince - the Duke of Cornwall from his father and former Prince of Wales.
What is the Dukedom of Cornwall? This is a private fiefdom established 700 years ago by King Edward III of England for his eldest son, the then crown prince, Prince Edward, and its main purpose is to provide substantial financial support to the heir to the throne. The majority of the entire fief is located in the southwest of England, covering 23 counties of England and Wales, with a total area of about 135,000 acres (54,500 hectares), mainly arable and livestock farms, residential and commercial properties, but also some forests, rivers, quarries. During his long years as Prince of Wales, Charles III devoted considerable energy to the Dukedom of Cornwall. It is reported that under his years of painstaking operation, the Dukedom of Cornwall has now become a "huge business empire" worth about a billion pounds, which mainly includes commercial real estate, building complexes and financial investment companies; Annual income can reach more than about 23 million pounds.
After inheriting the Dukedom of Cornwall, Prince William became a true billionaire. In addition to the income from the territory (which was mainly used for the daily expenses of him and his wife Catherine, Princess Catherine of Wales, and their three children, Prince George, Princess Charlotte and Prince Louis, as well as financial support for the public and charitable activities of the Prince and Wife of Wales), Prince William also became the largest landowner in England, inheriting about £1 billion in royal estates and estates; This also included Charles' favorite Hergrove Manor.
It is reported that Highgrove Manor was purchased by Prince Charles in the name of the Dukedom of Cornwall and converted into a family home. With Prince William's succession to the fief, the ownership of the estate also went to William, so in the future, Father Cha had to pay rent to his son.
In addition to becoming a large landowner, on October 24, according to foreign media reports, Prince William also had another new identity as a "developer". It is reported that at present, the main projects developed by the Dukedom of Cornwall include a large garden city construction project that Charles has not completed before - "Faversham"; The project plans to create an "urban garden" for 2,500 people on farmland in Kent; William will continue Charles' unfinished business. In addition to this, the new Prince of Wales intends to embark on a series of sustainable open and community building in the UK's most famous party town. In addition, because of his passion for helping the homeless for many years, William also intends to carve out a section of the building on the Duke of Cornwall to address the homeless. The source revealed that while the plan is still in its infancy, one thing is certain: "The Duke of Cornwall would love to find a way to do everything he can to help alleviate and further address the current situation of homelessness." ”
In addition to the Dukedom of Cornwall, the nearly thousand-year-old castle - Windsor Castle will also be inherited by the Prince of Wales. Because it was too close to Heathrow, Charles thought it was too noisy and did not intend to inherit it. In order to provide a more relaxed and quiet living environment for the three children, Windsor is William and Kate's favorite place to live and live. In September, a Welsh family of five just moved to an Adelaide cottage in Windsor. At that time, they moved to get closer to the queen. However, no one expected at the time that the old lady would leave so suddenly. However, although they inherited Windsor Castle, because the three children have just adapted to life in Windsor, sources have revealed that the Prince of Wales family will not move into Windsor Castle in the short term.
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