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duchy of lancaster

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Royal Rumble: King Charles in the Eye of a Financial Storm

by Michael Jameson
December 10, 2023

King Charles is facing intense scrutiny following a report by The Guardian that alleges he has gained a significant fortune, running into tens of millions of pounds, from the demise of numerous UK citizens under the disputed medieval statute, the Duchy of Lancaster Act. The law gives the monarchy the right to expropriate land or property that hasn’t been specified in a legal will. The income generated by the Duchy is managed separately for King Charles, under the stewardship of the Chancellor of the Duchy of Lancaster, and the earnings from public sales are shared between the Royal Family and various charities.

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