Charles III will be officially proclaimed King of the United Kingdom in a historic ceremony at St James’s Palace on Saturday. The proclamation is a public announcement of the accession of the new monarch.
Charles, 73, eldest son of Queen Elizabeth II, automatically became king after his mother died. King Charles pledged on Friday to follow the life of service of his “beloved mum” in a moving first address. The King has promised to serve the nation with the same “unwavering dedication” as the late Queen during her 70-year reign.
As descendants of the throne that gave rise to enormous colonial power, members of the British royal family amassed excessive wealth and often put it on display. From selling artwork to international travel, members of the royal family have sometimes gone on flaunting their lifestyle.
King Charles Highgrove House and Garden
Until the Queen’s disappearance a few days ago, Charles and Camilla spent most of their time in two of them – Clarence House and Highgrove House.
Highgrove House, the neo-classical Georgian house dating from the 1780s, is located near Tetbury in Gloucestershire.
“The house had been the home of Maurice Macmillan, Conservative MP for Farnham and son of former Prime Minister Harold Macmillan, for 14 years,” the Prince of Wales website says.
Word in the UK is that Charles’ affinity for Highgrove House is far more than Buckingham Palace. Even before Charles and Diana were engaged, the former asked the latter to decorate it.
In its 25th anniversary, #TheRoyalGardens continue to bring joy to all.
“One of my great joys is to see the pleasure the garden can bring to many visitors and that everyone seems to find a special part of it.” – HRH the Prince of Wales. pic.twitter.com/SVa3Kn5CfK
— Highgrove Gardens (@HighgroveGarden) June 11, 2019
“During that first weekend, Prince Charles showed Diana Highgrove, the 353-acre Gloucestershire home he bought in July, the same month he started courting her,” writes Andrew Morton in his biography of Diana, former Princess of Wales.
“The Highgrove Garden really comes from my heart and, strange as it may seem to some, creating it was more like a form of worship,” Charles said in 1993.
Highgrove Gardens, something of a pet project for Charles, is a sprawling 15-acre lot of lush greenery and flora. It has been open to the public since 1996 and welcomes around 40,000 visitors a year.
All cut flowers used at Highgrove House are grown in Highgrove Gardens. In summer, boutonniere flowers (mostly fragrant roses) are cut for use by HRH throughout the week for her engagements, according to the Prince of Wales website.
As Charles ascends the throne as King, Highgrove House will now belong to Prince William and Princess Kate Middleton. Since Charles is likely to keep the house, he will have to pay his son rent.
“Charles should keep his beloved Highgrove as his family home. It belongs to the Duchy of Cornwall, which William will inherit when Charles becomes king. Afterwards, William will be landlord to his father, receiving rent of £700,000 a year,” the Daily Mail reported.
Expensive trinkets at Highgrove House Shop
Tourists flock not only to see the beautiful gardens, but also to shop, or probably window-shop, at Charles’ estate boutique, which offers a range of royalty-affiliated goods – from food and beverages to bath products, jewelry, clothing and art.
Works by Charles costing $3,450, Ettinger bags worth $810, silver bracelets around $610 and more.
King Charles’ trip to Kuwait most expensive among royals in 2020
In October 2020, Prince Charles took a charter flight to Kuwait to offer his condolences following the death of the country’s Emir, Sheikh Sabah al-Ahmad al-Sabah, at a cost of £58,993.
Charles and Camilla’s official visit to Germany in November cost £42,486, according to Hello Magazine.
King Charles Net Worth
Charles derives an annual income from the Sovereign Grant, but most of his money comes from the Duchy of Cornwall, an inherited portfolio of almost 54,000 hectares of land across the UK which is used for farming, housing residential and commercial real estate, by Celebrity Net Worth – which is valued at over US$1 billion. The Duchy of Cornwall, however, will now go to Prince William.
The King, by August 2022, had raised $100 million. He could grow exponentially in the coming months with his new legacy and new responsibilities. Queen Elizabeth was allegedly worth £370million.
King Charles will benefit from the Crown estate valued at around $25 billion. The estate generates a profit of 20 million dollars every year. He will pay for his family’s expenses through the Crown Estate Sovereign Grant, which allows him to use 25% of the income produced by the Crown Estate. The new monarch will also receive $30 million a year in income from the Duchy of Lancaster.
$2565 Slice of cake
A Royal Family fan bought a preserved piece of cake from Charles and Diana’s wedding for the eye-watering sum of 1,850 pounds ($2,565) at an auction in 2021. The large piece of cake icing and the marzipan base feature a sweet detailed pattern of the royal coat of arms in gold, red, blue and silver. It was given to Moya Smith, a royal staff member, who preserved it with cling film and dated it July 29, 1981, USA Today reported.
The auction organizers advised against eating it although it is in good condition. “I thought I would add it to my estate, which will go to charity after I die,” the buyer said.
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