When Queen Elizabeth II passed away in September, King Charles III was officially named U.K.’s newest monarch. Though Charles has not been officially crowned in a coronation yet, he began his new royal duties in the days following the late Queen’s death. And, along with his role, Charles inherited an extensive real estate portfolio calculated to be worth $25 billion.
According to a deep dive into the properties from Forbes, Charles now owns seven palaces, 10 castles, 12 homes, 56 holiday cottages and 14 ancient ruins. Properties include massive estates that are known across the globe, such as Buckingham Palace and Windsor Castle, and lesser known smaller properties such as the Castle of Mey and Llwynywermod.
Though one might think that larger and more expensive is better, Charles disagrees. A source recently told the Daily Mail that the royal might be thinking of breaking royal protocol by not moving to Buckingham Palace at the end of its renovation in 2027 (the Palace is worth an estimated $4.9 billion, per Forbes). “I know he is no fan of ‘the big house,’ as he calls the palace,” the source said. “He doesn’t see it as a viable future home or a house that’s fit for purpose in the modern world.” The source continued, “He feels that its upkeep, both from a cost and environmental perspective, is not sustainable.” Could this mean Charles will be making some changes to his real estate portfolio soon?
Below you’ll see some of Charles most extravagant and opulent estates, palaces and cottages!
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