It was stated that King Charles III, who took the throne after the death of Queen Elizabeth II, at the age of 96, would pay rent to his son, Prince William.
King Charles will pay his 40-year-old son William, Prince of Wales, in rent of more than £700,000 per year, The Sun reported.
RENTAL INCOME OVER £700 THOUSAND
Prince William, who was also given the title of Duke of Cornwall from King Charles after the death of Queen Elizabeth, became the owner of Highrove, one of King Charles’s favorite houses. It was stated that King Charles bought this house in the 1980s and that he had to pay rent to his son if he wanted to continue living here. In this way, William will earn more than £700,000 a year.
Highgrove is where Charles stays often. She also stayed there for a short time after her mother passed away. “The king has a long list of rents and pays rent on Highgrove House and the surrounding land,” a source told the Sun. said.
Highgrove has nine bedrooms and six bathrooms. In the news in the British press, it was stated that the house was worthy of a King, but it was estimated that Charles would mostly live in Buckingham Palace.
William also owned a $387 million real estate portfolio as the Duke of Cornwall.
*The visuals of the news were served by the Associated Press.