The Duchy of Cornwall

The Duchy of Cornwall is a private estate established in 1337 to generate income for the Prince of Wales, who is typically the heir apparent to the British throne. It encompasses around 135,000 acres across 23 counties in England, including farmland, forests, and properties. The estate's revenue supports the official duties and lifestyle of the Prince of Wales, helping fund charitable activities and public engagements. Managed independently of the government, the Duchy aims to sustain its assets' value and ensure ongoing financial self-sufficiency for the heir to the throne.