Friday 1 July 2022 01:00 AM Prince Charles' yearly income soared to £23million as value of estate leapt to ... trends now
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Prince Charles’ annual income rose to £23million last year.
The value of his Duchy of Cornwall estate soared to a record £1.2billion.
The jump of nearly £93million on the previous financial year – up just over 15 per cent – came as the Duchy experienced a post-pandemic ‘bounce back’ thanks to staycations and a record year for trading.
The estate is a thriving portfolio of land, property and investments including the Isles of Scilly, The Oval cricket ground and Dartmoor Prison. Charles is entitled to the profits, and voluntarily pays income tax.
The value of Prince Charles's Duchy of Cornwall estate soared to a record £1.2billion
The popularity of staycations amid the Covid crisis boosted income from the Duchy’s holiday cottages with record bookings, while the Duchy