William to take over Charles' huge property portfolio as his dad becomes King

ok.co.uk:

Prince William has inherited the Duchy of Cornwall, a property and land portfolio that once belonged to the former Duke of Cornwall, making him one of England’s biggest landowners.

As King Charles III ascended the throne Saturday morning, he passed the title of the Prince of Wales to his son William following the death of HM the Queen as well as an Eetate worth more than $1 billion, the Guardian reports.The estate covers more than 128,000 acres across England and Wales and includes farmlands, commercial properties, homes, forests, rivers, and coastline.

It also includes The Oval cricket ground in south London, Dartmoor prison, and the mineral rights of a tin mine in Cornwall as well as ownership of Poundbury, a housing estate in Dorchester, Dorset.

William is also expected to take over Charles’ countryside estate, Highgrove House.The Duchy of Cornwall was established in 1337 and the King took over the running of the estate and was entitled to the full income at the age of 21.