Prince William is about to inherit a Royal asset worth $1 billion as a result of the death of his grandmother, Queen Elizabeth. According to ET, as King Charles III, his father will bestow the private Duchy of Cornwall estate on him. The property was established in 1337 by King Edward III and — according to last year’s financial statements — has an estimated value of around £1 billion ($1.2 billion). In addition, ET reported that the Duchy of Cornwall encompasses approximately 140,000 acres throughout southwestern England.
Queen Elizabeth II, who was the longest-reigning royal monarch of the United Kingdom and other Commonwealth realms, died last Thursday at 96. Just under 18 months after the death of her husband Prince Philip, Duke of Edinburgh, Queen Elizabeth II has died. The couple was married for more than 73 years.
Queen Victoria died at Balmoral, her favorite palace located in the Scottish Highlands. Prince Albert bought the property for Queen Victoria back in 1852. She was standing among her children and grandkids. Following Queen Elizabeth II’s death, Charles becomes the new leader of the monarchy.
Elizabeth II is the Queen of the United Kingdom and Northern Ireland. She ascended to the throne on February 6, 1952, following the death of her father, King George VI. Elizabeth was married to Philip Mountbatten- Gross Caesar in 1947 before she became queen; they divorced in 1996 after 12 years of marriage. Her four children are Prince Charles, Prince of Wales; Princess Anne, Princess Royal; and Prince Andrew, Duke of York. The Queen is also survived by a number of great-grandchildren, including William Arthur Philip Louis, Duke of Cambridge and Harry Ernest Albert DavidMountbatten- Gross Caesar , who married American actress Meghan Markle. Additionally, Queen Elizabeth leaves behind eight great-grandchildren.
Following the death of Queen Elizabeth, King Charles III made his first public speech and expressed immense sadness at the loss of his mother. “We owe her the most heartfelt debt any family could owe to her mother for her love affection, guidance, understanding and example,” he said in a pre-recorded message.
Charles said that the values of the UK must remain constant, expressing hope for its future. He also assured citizens that his mother’s promise of lifelong service is one he renews to all today. The King shared that he and his family are feeling profound sorrow over their matriarch’s loss. Speaking to her in closing, Charles said thank you for your love and devotion before asking for guardian angels’ guidance into eternal rest.
Timothy is a senior writer based in Atlanta, specializing in celebrity-related news. She is always ready to cover trending TV stories with an unbiased perspective and a pinch of gossip.