Sam Leith Sam Leith

Do we care that the King is rich?

The Duchy of Lancaster raised £27.4 million for the King and the Duchy of Cornwall raised £23.6 million for William last year (Getty)

For the first time, the true extent of the property held by the King and the Prince of Wales’s private estates, the Duchies of Lancaster and Cornwall has been revealed, according to a splashy Sunday Times investigation. There are 5,410 separate properties up and down the country paying millions of pounds annually in rents and fees and charges. The NHS pays to warehouse its ambulances, the Navy pays for the use of jetties, charities rent London office blocks, and money rolls in for everything from the training of troops on Dartmoor to the housing of prisoners in a jail on His Maj’s land. ‘Revealed,’ the headline hoots, ‘The property empires that make Charles and William millions.’

Charities don’t get free stuff just by virtue of being charities

Is the discovery that the King is rich shocking? Probably not. Is the King’s making money out of that property shameful? Again, probably not. There’s an awful lot to disentangle, there.

Get Britain's best politics newsletters

Register to get The Spectator's insight and opinion straight to your inbox. You can then read two free articles each week.

Already a subscriber? Log in

Comments

Join the debate for just $5 for 3 months

Be part of the conversation with other Spectator readers by getting your first three months for $5.

Already a subscriber? Log in