The Rich Man in his Castle
The private property empires that fund the King and Prince William are making millions of pounds a year from charges paid by the armed forces, the NHS, schools, mining companies and big businesses. An investigation by the Sunday Times and Channel 4 Dispatches has revealed full details of the vast ancient estates owned by the King and the prince and the business deals struck to fund their lifestyles. The Coming Storm John Miller Nicholson (1840-1913) Photo Credit: Manx National Heritage [CC BY-NC] Over five months we identified 5,410 landholdings, mineral rights and properties held by the Duchy of Lancaster, on behalf of the king, and the Duchy of Cornwall, for the prince, and then examined business agreements and leases linked to these plots. These contracts show the duchies generate profits by charging the army, the navy, hospitals, the prison service, schools and councils for the right to use lands, rivers and seashores seized for the duchies in medieval times. Last year the Duch