What King Charles could mean for the royal finances

What King Charles could mean for the royal finances
The Queen’s entire estate will probably go to Charles. (Image: Getty)
The Economist
When Prince Charles turned 65 back in 2013, the age at which Britons were then entitled to their state pension, he announced that he would give his £110 (then NZ$210) per week to charity. It was not as if he was about to retire. Now as king – a position for which he has waited his entire life – he hardly needs the money. The royal family’s wealth comes from a complex variety of sources: taxpayers, estates (known as duchies) and other privately held assets. Charles has made no secret of his plans to change the m...

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