Story perspectives

Prince William sells Duchy stake, funds $670 M housing projects

6/27/2026

Summary

Story summary

Prince William will sell 20% of the Duchy of Cornwall over ten years, allocating $670 million to housing and environmental projects in Cornwall, Dartmoor and the Isles of Scilly.
The plan raises his net worth to $1.6 billion, surpassing King Charles III.
He asked that the £1.5 million Dartmoor Prison rent be redirected to a community regeneration fund.
Official accounts show $28.5 million private income in 2025-2026 and over $26 million taxes paid since 2022.

History

Historical Context

Created by Edward III in 1337 to fund the heir apparent, the Duchy of Cornwall now manages over 220 sq mi of land, half on Dartmoor and 13% in Cornwall. In 2026 reports said Prince William planned to sell 20% of the estate, a rare move that departs from the duchy’s historic rule against selling capital assets to support regional development.

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Story summary

Prince William will sell 20% of the Duchy of Cornwall over ten years, allocating $670 million to housing and environmental projects in Cornwall, Dartmoor and the Isles of Scilly.
The plan raises his net worth to $1.6 billion, surpassing King Charles III.
He asked that the £1.5 million Dartmoor Prison rent be redirected to a community regeneration fund.
Official accounts show $28.5 million private income in 2025-2026 and over $26 million taxes paid since 2022.

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