What Prince William Will Inherit From Prince Charles When He Becomes King

Queen Elizabeth II is the longest-reigning monarch now and has been in power for more than seven decades now. It’s only a matter of time before Prince Charles takes over the throne, and Prince William will, in turn, become the heir apparent.

For William, however, Charles’ ascension will not only mean that he’s now one spot closer to the throne. In fact, it will also mean vast changes for William, such as inheriting a new title, along with a vast holding of land and properties, as well as taking on more important responsibilities for the crown.

By the time Charles becomes king, Prince William will also inherit his father’s current title as the Duke of Cornwall. This means that he will now be the head of the Duchy of Cornwall, a vast estate set up by Edward III around 700 years ago as a source of income and funding for the heir to the throne, according to People.

Inheriting the Duchy is quite a big deal even by royal family standards. The estate is huge and consists of over 130,000 acres spread across Wales and England.

What’s even more shocking is the amount of income it generates for the heir. Currently, the Duchy of Cornwall’s estimated annual income is $27 million, which is enough to finance not only the office of the Prince of Wales but also the households of his sons, Prince William and Prince Harry.

In the show “Prince Charles: Inside The Duchy Of Cornwall,” William already revealed his plans on how he’ll run the Duchy in the future. “Well, rest assured I’m not going to rock the boat; I’ll do much the same as what my father’s doing,” the Duke of Cambridge said. “I’m not so into the architecture — that’s the only thing.”

Meanwhile, Prince Charles also talked about how fortunate William is in the sense that he had ample time to prepare how to run Cornwall. In his case, Charles believed he was probably not as well prepared when he was thrust into the position at a young age of 21.

“He's quite lucky because I found myself there at 21,” Charles revealed. “I had a bit of baptism of fire really. He goes and visits different parts of the Duchy of Cornwall, and so he is learning, I hope, as time goes by.”