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International Business Times UK
International Business Times UK
Ana Trenas

Prince William's £500m Duchy Gamble: Royal Land Sell-Off to Build and Power Homes and Save Nature

Beautiful shot of the Kingsand Cawsand Buildings near the Sea in Cornwall, UK (Credit: Magnific/Wirestock)

Prince William is preparing for one of the biggest shake-ups in the history of the Duchy of Cornwall, with plans to sell off 20% of the vast royal estate over the next decade in a bold bid to fund housing and environmental projects across Britain.

The Duchy of Cornwall, a billion-pound property empire spanning 128,000 acres across 19 counties, provides the Prince of Wales with a private annual income of nearly £23 million (approximately $30.7 million).

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