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Prince William and Kate Middleton’s Inheritance: A Royal Fortune Awaits
Prince William and his wife, Kate Middleton, have been thrust into the spotlight as details emerge about their future inheritance.
Recently, private texts from Prince William requesting financial assistance surfaced, revealing a surprising turn of events following a substantial increase in his total assets by £1.88 billion.
The couple is poised to inherit a significant fortune upon Queen Elizabeth II's passing and Prince Charles assuming the throne.
Upon Prince Charles' ascension to the role of king, Prince William is set to inherit the Duchy of Cornwall, a vast estate currently under the ownership of his father, the Duke of Cornwall.
This historic estate spans 53,000 hectares of land across 23 counties and is estimated to be worth an astonishing £1 billion ($1.88 billion).
The duchy, established by King Edward III in 1337 to provide income for his son, Prince Edward, follows the tradition of passing the portfolio of assets to the monarch's eldest surviving son.
Over the years, the Duchy of Cornwall has flourished under Prince Charles's management.
Initially struggling to break even, the estate now boasts a value close to £1 billion and generates an annual profit of £21 million.
These funds not only support Prince Charles and Camilla's household but also contribute to the financial well-being of Prince William and Catherine, Prince Harry and Meghan, as well as the prince's grandchildren, in addition to funding charitable endeavors.
In preparation for his future role as the Duke of Cornwall, Prince William has been actively involved in understanding the intricacies of managing the estate.
During the documentary “Prince Charles, Inside the Duchy of Cornwall,” Prince William expressed his intentions to maintain continuity with his father's approach, stating his lack of interest in architectural matters.
Prince Charles, confident in his son's abilities, remarked on William's gradual learning process compared to his own abrupt introduction to the responsibilities at a young age.
Meanwhile, royal enthusiasts have expressed their discontent with CNN's coverage of Prince William, Kate Middleton, Prince Harry, and Meghan Markle's public appearance outside Windsor Palace.
CNN's international correspondent, Scott McLean, faced criticism for his reporting style, particularly for referring to Prince William and Kate Middleton as “the other two royals” during the broadcast.
Viewers perceived this as a slight towards the future king and queen consort, highlighting the importance of respectful journalism during significant royal events.
Social media erupted with outrage over the perceived lack of reverence shown towards Prince William and Kate Middleton, emphasizing the need for unbiased and respectful reporting, especially when covering members of the royal family.
The incident sparked a debate on journalistic integrity and the appropriate portrayal of royal figures in the media, prompting calls for greater sensitivity and accuracy in news coverage.