Duchy of Cornwall estate worth £1bn passes to Prince William

Duke of Cambridge and now Cornwall inherits cross-country landed estate that paid Charles income of £21m last year

With accession of Prince Charles to the throne, his eldest son has become the heir apparent, the Prince of Wales and the 25th Duke of Cornwall.

Along with this title, Prince William automatically inherits the Duchy of Cornwall, which has been an income stream for his father for more than half a century. This is thanks to the ownership of a landed estate of more than 52,000 hectares (128,000 acres), which also makes him one of England’s biggest landowners.

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