[Diggers350] King Charles awards himself huge £40m, 50% pay rise , net worth £1.8 billion+ inheritance tax free

Tony Gosling tony at cultureshop.org.uk
Sun Dec 24 01:58:08 GMT 2023



King Charles awards himself huge £40m, 50% pay 
rise, net worth £1.8 billion inheritance tax free

<https://tlio.org.uk/king-charles-awards-himself-huge-40m-50-pay-rise-net-worth-1-8-billion-inheritance-tax-free/>24Dec23 
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King Charles to receive huge £39 million pay rise from UK taxpayers

<https://www.theguardian.com/uk-news/2023/jul/20/king-charles-to-receive-huge-pay-rise-from-uk-taxpayers>Details 
published by Treasury show royal family’s grant 
is expected to increase from £86m to £125m in 2025

Revealed: King Charles’s private fortune estimated at £1.8 billion

<https://www.theguardian.com/uk-news/ng-interactive/2023/apr/20/revealed-king-charless-private-fortune-estimated-at-almost-2bn>King’s 
fortune includes cars, jewellery, property, 
investments, horses, rare stamps, art and a hereditary estate
Cost of the crown 
team 
<https://www.theguardian.com/uk-news/ng-interactive/2023/apr/20/revealed-king-charless-private-fortune-estimated-at-almost-2bn>King 
Charles III has inherited assets that have 
propelled his wealth to almost £2bn, according to 
extensive research and analysis by the Guardian. 
The monarch’s personal fortune is largely 
concealed from public scrutiny and it is 
impossible to know the complete value of his estate.
<https://www.theguardian.com/uk-news/series/cost-of-the-crown>The 
Guardian’s ‘Cost of the crown’ series

Royal residences: how many, how big and who lives where?

Emacs!




<https://www.theguardian.com/uk-news/2023/may/03/royal-residences-how-many-how-big-and-who-lives-where>https://www.theguardian.com/uk-news/2023/may/03/royal-residences-how-many-how-big-and-who-lives-where

The Guardian details 18 key castles, estates and 
‘cottages’ used by King Charles and other royal family members

Wed 3 May 2023 by Felicity Lawrence, Rob Evans, Severin Carrell and David Pegg

Along with the crown, Charles III has inherited 
an unrivalled collection of homes to add to 
several he accumulated as heir-in-waiting. The 
king and the queen consort now have more than a 
dozen residences to choose from, boasting a total 
of at least 2,000 rooms. The cost of the staff 
required to keep these properties available 
year-round for often brief visits – and precisely 
who pays for them – is unclear. Here we list the 
main properties used by the king and close family members.


Buckingham Palace

An aerial view of London looking east with 
Buckingham Palace, Green Park and St James’s Park visible.

Location: central London
Ownership: king, in right of the crown
Size: 775 rooms, including 52 bedrooms and 78 bathrooms
Use: official headquarters of the monarch
Open to the public? Yes, public rooms open in 
summer, £30; limited tours on other days, £90.

Reputed to be disliked by many of the royal 
family, Buckingham Palace nonetheless remains 
central to the British monarchy. With its vast 
array of rooms and acres of gardens, the palace 
is the official headquarters of the king, 
although it has not yet been announced whether it 
will also become his main London residence, as it 
was for Queen Elizabeth II. The cost of its 
upkeep has been a perennial sore. In 2017, it was 
agreed that action was needed to fix the leaking 
roof and crumbling masonry, with the then prime 
minister, Theresa May, increasing the 
government-funded sovereign grant to cover £369m 
of refurbishment costs over 10 years.


St James’s Palace

King Charles III is proclaimed king at St James’s Palace on 10 September 2022

Location: central London
Ownership: king, in right of the crown
Size: state rooms around a series of courtyards and a Tudor gatehouse
Use: an administrative centre for the sovereign 
and the royal court; houses apartments used by 
<https://www.theguardian.com/uk-news/princess-anne>Princess 
Anne and Princess Alexandra, the late queen’s cousin.
Open to the public? No

Close to Buckingham Palace is the sprawling 
complex of St James’s Palace, where the royal 
court is formally based. Charles lived in a wing 
of the palace with his sons William and Harry 
after his separation from Diana, but moved to the 
more private Clarence House after the queen 
mother died. St James’s is still the site for 
major royal ceremonial events. Charles was 
declared king in the Proclamation Gallery, and 
royal christenings take place in its Chapel Royal.


Clarence House

Members of the public in the gardens of Clarence House and St James’s Palace

Location: central London
Ownership: king, in right of the crown
Size: five bedrooms, a morning room, drawing room and garden room
Use: London residence of the king and queen consort
Open to the public? Currently closed

Clarence House’s first occupant was its patron 
William, Duke of Clarence (later King William 
IV). Other residents have included Princess 
Elizabeth, who lived in the property before her 
accession in 1952, and her mother, Queen 
Elizabeth, who lived there until her death in 
2002. More recently it has been the London home of Charles and Camilla.


Windsor Castle

Camilla, Catherine, William and Charles leave St 
George’s Chapel by horse-drawn carriage after 
attending the Most Noble Order of the Garter 
ceremony at Windsor Castle in June last year

Location: Berkshire, England
Ownership: king, in right of the crown
Size: More than 1,000 rooms in 2,000 hectares of parkland
Use: the monarch’s weekend residence
Open to the public? Yes, public areas, £28

With more than 1,000 rooms, this is the largest 
occupied castle in the world. It was Queen 
Elizabeth II’s preferred home near London. 
Several royal weddings and funerals have been 
held in the castle’s chapel. In 1992, a fire 
destroyed large parts of the building. A row 
ensued over who should pay for the repairs, with 
many arguing that the queen should fund them from 
her private wealth. In the end, the £37m 
restoration was paid for from existing grants and 
from money raised by opening Buckingham Palace to 
paying visitors for the first time.


Adelaide Cottage

Adelaide Cottage viewed from across the River Thames.

Location: Windsor Home Park, Berkshire
Ownership: crown estate, given over to the king
Size: reportedly four bedrooms
Use: official residence of William and Catherine, Prince and Princess of Wales
Open to the public? No

William and Catherine moved in with their family 
in 2022 as paying tenants. Their children go to a 
private school nearby. Described as modest and 
quaint, the Grade II-listed cottage was built in 
the 18th century using materials recycled from 
the Royal Lodge and a former royal yacht. Queen 
Victoria is said to have taken breakfast and tea 
there regularly. Its ownership is convoluted: 
originally part of the crown estate, it was given 
over to Windsor Castle for the use of the sovereign in perpetuity.


Royal Lodge

Princesses Elizabeth (R) and Margaret pulling a 
lawn chair on wheels at the Royal Lodge in April 1940.

Location: Windsor Great Park, Berkshire
Ownership: crown estate, with a 75-year lease 
bought by <https://www.theguardian.com/uk/prince-andrew>Prince Andrew in 2003
Size: reportedly 30 rooms in 40 hectares
Use: Andrew and his ex-wife, Sarah Ferguson
Open to the public? No

Since he was removed from royal duties in 2019 
over sexual abuse claims, Prince Andrew, 63, is 
said to have been spending his days rattling 
around his 30-room mansion where he has lived 
since 2003. His former wife, Sarah Ferguson, 
reportedly lives in a separate wing. It has been 
reported that Charles wants to cut the financial 
support Andrew gets from his family, which could 
leave him struggling to afford the lodge’s 
running costs. The king has offered his younger 
brother the smaller Frogmore Cottage, according to reports.


Frogmore Cottage

Harry and Meghan left Frogmore Cottage in 2020.

Location: Windsor Home Park, Berkshire
Ownership: crown estate, given over to the king
Size: reportedly four bedrooms and four bathrooms
Use: Harry and Meghan, the Duke and Duchess of 
Sussex, until 2020; currently empty
Open to the public? No

The Grade II-listed house was made available to 
Harry and Meghan by the late queen shortly before 
the birth of their first child, Archie. Before 
then it had housed estate workers.Its ownership 
is – like that of Adelaide Cottage – difficult to 
untangle: originally owned by the crown estate, a 
change in the 19th century means it can be used 
in perpetuity by the sovereign. Harry and Meghan 
renovated it using 
<https://www.royal.uk/sites/default/files/media/final_sovereign_grant_for_website.pdf>£2.4m 
from the taxpayer-funded sovereign grant. This 
work reportedly created a four-bedroom, 
four-bathroom home with orangeries, a nursery and 
a yoga studio. Meghan and Harry remained paying 
tenants after they moved to California. They 
<https://www.dailymail.co.uk/news/article-11876637/Buckingham-Palace-struck-deal-Harry-Meghan-let-live-Frogmore-Cottage-rent-free.html>repaid 
the £2.4m in 2020 in lieu of further rent.


Kensington Palace

People view tributes to the late Diana left 
outside Kensington Palace in August last year to 
mark the 25th anniversary of her death. Images

Location: central London
Ownership: king, in right of the crown
Size: vast palace divided into several apartments, plus cottages in grounds
Use: London residence of William and Catherine, and other royals
Open to the public? Yes, £25.40

Once known as “the aunt heap” on account of the 
number of ageing minor royals living there, 
Kensington Palace today is the London residence 
of the Prince and Princess of Wales, the Duke and 
Duchess of Gloucester, the Duke and Duchess of 
Kent, and Prince and Princess Michael of Kent. 
The elegant three-storey, redbrick mansion, 
largely designed by the architect Christopher 
Wren, was the favoured residence of earlier 
monarchs, who entertained lavishly in its grand state rooms and galleries.


Highgrove House

Prince Charles attends a tree planting ceremony at Highgrove House in 2008

Location: Gloucestershire
Ownership: Duchy of Cornwall
Size: nine bedrooms with a 140-hectare farm estate
Use: Charles and Camilla use it as their country home
Open to the public? Yes, Highgrove gardens, £30

The Duchy of Cornwall 
<https://www.theguardian.com/uk-news/ng-interactive/2023/apr/05/revealed-royals-took-more-than-1bn-income-from-controversial-estates-king-charles-queen-duchies-cornwall-lancaster>bought 
Highgrove House as a country home for Charles in 
1980. It was just a few miles from Camilla’s 
family home at the time and it cost £865,000. The 
king renovated it and created formal and kitchen 
gardens. He has also installed solar panels and a 
reed-bed sewage filtering system. It is currently 
valued by an estates expert at about £15m. The 
king initially lived in the property for free; 
these days he pays £659,285 in annual rent for 
the house and other properties used by his staff. 
On Charles’s accession to the throne, Prince 
William inherited the Duchy of Cornwall and so 
became his father’s Highgrove landlord.


Sandringham estate

Queen Elizabeth attends a garden party to mark 
her diamond jubilee at the Sandringham estate in 2012.

Location: Norfolk
Ownership: privately owned by the king
Size: more than 8,000 hectares and 300 commercially rented properties
Use: members of the royal family for Christmas holidays and private breaks
Open to the public? Yes, during the summer, £23

A large house and larger estate that includes 
farms and more than 300 houses across 13 villages 
that are 
<https://www.theguardian.com/uk-news/2023/apr/19/landlord-king-charles-lets-out-homes-near-sandringham-worth-75m>rented 
out by the king. As a whole it is estimated to be 
worth between £250m and £390m. The estate 
includes Anmer Hall, a 10-bedroom manor given to 
William and Catherine by the late queen.


Balmoral Castle and estate

Queen Elizabeth with Prince Philip and their sons 
(L-R) Edward, Charles and Andrew at Balmoral Castle in 1979.

Location: Aberdeenshire
Ownership: privately owned by the king through a trust
Size: the castle has 167 rooms; the estate is 22,000 hectares
Use: the monarch’s summer base
Open to the public? Yes, public areas, £17.74

Conservatively 
<https://www.theguardian.com/uk-news/2023/apr/20/royal-familys-balmoral-estate-could-be-worth-80m>worth 
£78m, Balmoral is the quintessential Highland 
estate, where the royal family indulge their love 
of deer stalking, grouse shooting and salmon 
fishing. The late queen, who died there last 
September, is said to have regarded Balmoral as her favourite place.

The estate includes the king’s personal retreat 
at Birkhall, a country house dating to 1715 and 
enlarged by the queen mother in the 1960s; and 
Craigowan Lodge, a seven-bedroom house. There are 
another 81 cottages and lodges on the estate, mostly for staff.


Castle of Mey

Charles visits the Castle of Mey in 2019.

Location: Caithness
Ownership: Prince’s Foundation charitable trust
Size: tower house in 12 hectares of parkland
Use: Charles and Camilla as a holiday home
Open to the public? Yes, £14.50

The castle was owned by the queen mother, who 
bought it as a semi-derelict ruin in 1952. After 
an extensive reconstruction, she stayed there 
every August through to October, until her death 
in 2002. In 1996 its ownership passed to a 
charitable trust under the direction of Charles. 
He opened up its gardens and public rooms to 
visitors, and in 2019 he gave it to the Prince’s Foundation.


Dumfries House

Money was raised from private foreign donors to 
pay off a £20m loan used to buy Dumfries House.

Location: East Ayrshire
Ownership: Prince’s Foundation
Size: mansion in 800 hectares
Use: king, during visits to the area
Open to the public? Yes, £13.50

Dumfries House and its Chippendale furniture was 
bought for £45m by a consortium headed by Prince 
Charles in 2007 from the Marquis of Bute. The 
purchase was funded through government, lottery 
and charitable funds, and a 
<https://www.theguardian.com/uk/2007/jun/28/artnews.monarchy>£20m 
loan from Charles’s Prince of Wales Charitable 
Foundation. Charles hoped to repay that loan by 
building a model village nearby, a project that 
floundered after the banking crisis in 2008. His 
aides then controversially raised money from 
foreign private donors to fund the debt.


Bagshot Park

Mansion House in Bagshot Park is the home of Prince Edward and Sophie
Location: Surrey

Ownership: crown estate lease bought privately
Size: 
<https://www.standard.co.uk/news/uk/where-does-prince-edward-live-can-visit-bagshot-park-b1025404.html>reportedly 
120 rooms within 21 hectares
Use: Edward and Sophie, the Duke and Duchess of Edinburgh
Open to public? No

The king’s youngest sibling, Edward, has lived in 
Bagshot Park’s Mansion House with his wife since 
1998. Before they moved in, the dilapidated 
mansion was refurbished at a cost of nearly £3m. 
The Ministry of Defence, which previously used 
the building, 
<https://hansard.parliament.uk/Commons/2000-03-01/debates/db8860fe-5848-4385-8065-cb82ee430e8c/BagshotPark>paid 
£1.8m towards the renovation, with the rest 
coming from Edward. Under the terms of the 
initial lease, 
<https://www.nao.org.uk/wp-content/uploads/2005/04/royal_property_leases.pdf>Edward 
was required to pay £90,000 in annual rent. He 
sublet the stables to a commercial firm, which 
helped to cover this cost, and later reportedly bought a longer lease.


Gatcombe Park

Moon Man, ridden by William Fox-Pitt, competing 
in the British Open horse trials championship at 
Gatcombe Park in 2000. The pair won the event.

Location: Gloucestershire
Ownership: privately owned by Princess Anne since 1976
Size: 18 rooms, 283-hectare estate
Use: home of Anne and her second husband, Sir Timothy Laurence
Open to public? No

Princess Anne has lived in this Cotswolds country 
house since 1976 when the queen bought it for her 
and her then husband, Capt Mark Phillips. The 
estate has a lake, extensive parkland, and 
stables. Since 2013, Anne’s daughter, Zara, has 
lived in a cottage on the estate with her 
husband, the former rugby player Mike Tindall, 
and their children. Anne’s son, Peter Phillips, 
reportedly has a separate house on the estate.


Llwynywermod

Charles and Camilla outside Llwynywermod in 2009.

Location: Carmarthenshire
Ownership: Duchy of Cornwall
Size: three bedrooms, in 78 hectares
Use: Welsh home for the Prince of Wales
Open to the public? No

Bought by the Duchy of Cornwall for £1.3m in 2007 
as the Welsh home of Charles and Camilla, it is 
unclear how often they stayed there. The cottages 
on the estate are 
<https://www.duchyofcornwallholidaycottages.co.uk/properties/north-range>rented 
out as holiday lets when the Prince of Wales is 
<https://web.archive.org/web/20080513200326/http://www.princeofwales.gov.uk/newsandgallery/news/the_prince_of_wales_visits_llwynywermod_near_myddfai_240730788.html>not 
there. Now owned by William, it is unclear 
whether he and Charles, who continues to pay rent, will both use it.


Palace of Holyroodhouse

The queen hosts the annual garden party at the 
Palace of Holyroodhouse in 2018.

Location: Edinburgh
Ownership: king, in right of the crown
Size: 289 rooms in 6 hectares of land
Use: king’s official residence in Scotland
Open to the public? Yes, £19.50

Holyroodhouse was once home to Mary, Queen of 
Scots, but is now the official royal residence in 
Scotland. In April 2019, the queen registered the 
crown’s ownership of the palace, its grounds and 
ruined abbey. Since the site had been owned by 
successive monarchs for centuries, that was a formality.


Hillsborough Castle

L-R: Former Irish taoiseach Bertie Ahern, British 
prime minister, Rishi Sunak, former US president 
Bill Clinton and former British PM Sir Tony Blair 
outside Hillsborough Castle during the 25th 
anniversary of the Good Friday agreement in April.

Location: Hillsborough, County Down
Ownership: UK government
Size: Two-storey mansion set in 40 hectares
Use: residence for visiting royals and the 
secretary of state for Northern Ireland
Open to public? Yes, £10

The British government bought 
<https://www.hrp.org.uk/hillsborough-castle/history-and-stories/the-story-of-hillsborough-castle-and-gardens/#gs.vozviu>Hillsborough 
Castle, 15 miles south-west of Belfast, in 1920 
and it is the official residence of the secretary 
of state for Northern Ireland and members of the 
royal family when they visit the region. An Irish 
“big house” rather than a castle proper, it was 
built by the Hill family, Anglo-Irish landowners 
whose fortune was first made during the Tudor 
conquests of Ireland at the beginning of the 17th 
century. Hillsborough takes its name from the 
family but is seen as a politically neutral venue 
and has featured prominently in peace talks.





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