Prince William to sell 20 percent of Duchy of Cornwall to fund eco-friendly projects
Prince William to sell 20 percent of Duchy of Cornwall to fund eco-friendly projects
(NewsNation) — Prince William is planning to sell shares of a royal estate to fund infrastructure and environmental projects.
William announced he’s planning to sell 20 percent of the Duchy of Cornwall, an estate established by King Edward III in 1337 as a source of income for the heir to the throne.
The Prince of Wales would raise roughly $670 million from the sale, which will fund housing, environmental and renewable energy projects, according to The Times.
The Duchy of Cornwall is reportedly worth $1.3 billion. William earns around $31 million a year from the estate to cover private expenses for himself and his family.
Princess Charlotte of Wales, Catherine, Princess of Wales, Prince George of Wales, Prince Louis of Wales, and Prince William, Prince of........
