Estate of the Union: Sandringham, one of King Charles' royal residences, sits on 20,000 acres and has its own stud farm for horses.Prince William now has possession of the Duchy of Cornwall, a conglomerate with $1.3 billion in net assets including the Oval cricket ground in London, Charles’ former residence at Highgrove House and the Isles of Scilly, but the new King will not exactly be left wanting for prime real estate.
In contrast to the various estates, which file annual reports, the palaces and jewels are often thought of as priceless. So what’s it all worth?he single most valuable asset held by King Charles is the Crown Estate, a sprawling real estate portfolio with $20.7 billion in net assets. Those properties include Regent Street, London’s prime shopping destination, as well as Ascot Racecourse and virtually the entire seabed of the U.K.
The most expensive trip taken by the royals in the past year, for instance, was Prince William and Kate’s nine-day visit to Belize, Jamaica and the Bahamas in March, which cost roughly $280,000, including planning prior to the visit. In addition to the Crown Estate and the Duchy of Lancaster, Charles also holds the Crown Estate Scotland, a portfolio with some $760 million in net assets, including the Scottish seabed, rural estates and the rights to fish wild salmon and extract naturally occurring gold and silver in Scotland.
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