Osipi
Member - in Memoriam
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Yes, but these expenses are paid by the Duchy and/or Prince's Trust. Itemized, of course.
When Charles gets on his po'boy horse and publicly declares he only owns one car, an Aston Martin sports car, you have to wonder about his respect for the British people and how he doesn't realize they see him in vintage Rolls Royce autos constantly and do not believe him.
No. Duchy of Cornwall is its own entity as is the Prince's Trust. Many people believe that Charles owns Highgrove. He doesn't. The Duchy of Cornwall holds the title which means it'll pass to the next Duke of Cornwall (William).
The British Royals actually *own* very little property in their own right. The Queen owns Balmoral and Sandringham and Anne owns Gatcombe Park. That's about it.
Charles' private income is based on profits made by the Duchy of Cornwall which has been in place since 1337 and is one of two remaining royal duchies (the other being the Duchy of Lancaster which provides the Queen's personal income known as the Privy Purse). Charles pays income tax on this income from the Duchy of Cornwall. The Prince's Trust is the same way and is maintained and run solely for the endeavors of that organization. Charles does not receive any funds from it at all. In fact, its through his work that the Prince's Trust has grown and been more successful. He started it all with his pension when he left the Navy back in the 70s if I remember correctly. ?
Think of it as being a senior citizen in the United States and receiving Social Security. Its our private income provided by the Department of the Treasury. We don't expect the Department of the Treasury to fund and pay for anything outside of our social security checks. ?
OH... forgot to add that I believe its true that Charles only *owns* one car. The fleet of cars that the royal family has for transportation along with the train and the helicopter are all paid for through the Sovereign Grant and is itemized therein. The thread Royal Wealth and Finances is a really good read and an eye opener about this stuff.
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