Known as Queen Elizabeth II's eldest child and heir apparent, Prince Charles has an estimated net worth of $210 million. Being the viable business champ, let's take a glance at the British royal luxurious and affluent life.
Prince Charles was born at Buckingham Palace as the first grandchild of King George VI and Queen Elizabeth. He is known otherwise as Duke of Rothesay in Scotland and Duke of Cornwall in South West England. Prince Charles owns a lucrative net worth.
In British history, Prince Charles is the longest-serving heir apparent having held the position since 1952. He is also the oldest person to be next-in-line to the throne since 1714. He was married to Lady Diana Spencer, the Princess of Wales and whom he shared two sons Prince William and Prince Harry. Following a well-publicized extra-marital affairs, the couple divorced in 1996.
In 2005, Prince Charles married Camilla Parker Bowles, the Duchess of Cornwall. Being dubbed as the "champion of sustainable business," he founded an organic food company in 1990. After it combined venture with Waitrose in September 2010, the company, Duchy Originals made earnings of £2.25 million with £625,293 donated to charity. Duchy Originals had plans to introduce the food brand in the US and India as part of its 5-year plan to quadruple annual income from £50 million to £200 million. On the other hand, Prince Charles' generated net worth is mostly from his inherited property-owning estate.
The Duchy of Cornwall estate, Prince Charles' inherited land which was built in 1337 by Edward III for his son and heir, offers secure revenue for the prince and the future princess of Wales. Today, the estate has a property portfolio net worth of over $1 billion. The affluent property is a 200 square miles of land within 23 counties, it includes agrarian, suburban and marketable properties.
From 2001 to 2006, Prince Charles also earned profit from his property deals which grossed to £43 million. He generated these revenues from the block sales of retail shops and farmland to the renovation of the Oval Cricket ground. As stated by his financial details of income in 2011, Prince Charles earned a net worth of £17.796 million.
The world is aware of Prince Charles' luxurious life. Globally, the prince has ownership of over 10,000 houses and equal number of shops and offices. Aside from this, he also holds a vast land portion which adds up to his chattels. In the past few years, Prince Charles suffered a lofty property loss but despite the fact, he still holds a fundamentally reassuring substantial total of £260 million. It climbs up to his luxurious life. The British royal is also fond of capitalizing more on the social improvements and charity developments.
Queen Elizabeth II has an estimated worth of $500 million and as heir to the throne, Prince Charles received a sum of $28 million from the Duchy of Cornwall property.
As of June 2012, Prince Charles' total net worth sums up to $210 million. As Elizabeth II's first born child, the prince automatically inherited a property sum of over $1 billion. Indeed, Prince Charles can relax and relish his financially secured prestige being England's heir of throne. But in his own ways, he chose to contribute the power to victor viable business.
