Prince George

Net Worth: $500'000

Prince George


Prince George of Cambridge’s net worth: Prince George of Cambridge is a member of the British royal family who has a net worth of $500’000. He is best known as the eldest child of Prince William and Catherine, which means He will be King of England someday. Prince George of Cambridge was born in London, England, in July 2013. His parents are Catherine Duchess of Cambridge and Prince William of Cambridge. The third successive Prince of the British throne is Prince George of Cambridge. He sits behind his grandfather Prince Charles and his father, Prince Williams, and is expected to be King one day. His birth was marked by commemorative coins issued by the Royal Australian Mint Royal Mint and the Royal Canadian Mint. He was born at St Mary’s Hospital. In 2014 Prince George of Cambridge joined his parents on his first royal tour. His parents insist that he should grow up as privately as possible. In 2016 Prince George met Barack Obama. He began his education The same year at West acre Montessori School. His official title and style are His Royal Highness Prince George of Cambridge. The Duchy of Cornwall under British royal law The eldest child of The reigning monarch inherits possession of The Duchy of Cornwall. This title is essentially a large real estate portfolio that allows the Prince to have a substantial income. The Duchy of Canterbury was established by Edward III in 1337 to provide The heir apparent with income. When Charles becomes King, William automatically becomes Prince of Wales and beneficiary of the Cornwall Trust. George will inherit the trust if William becomes King. And so on. The U. K., The government regards the trust as a crown corporation which means its income cannot be taxed. The tax-exempt status has been challenged several times, and since 1993, Prince Charles has paid taxes on The income. He paid the tax rate for about a decade voluntarily. He started paying 25% when He got married in 1991. In the past seven years, he has paid UK taxpayers the regular tax rate. The duchy of surrey owns 133’000 acres of land across 23 counties in The UK. The land is used to produce agricultural residential housing and commercial real estate. As of 2019, the estimated value of the land is $1.1 billion. The trust generates a little more than $20’000’000 In income a typical year. The income has topped 30’000’000 In a number of years.

ID: 1076054
Published: 19/08/2022
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Jul 22, 2013

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Jul 22, 2013

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