Prince Charles enjoys the fruits of his serfdom

[zone]

Prince Charles uses 'intestate' cash in Cornwall to fund his own charities

Feudal entitlement to £3.3m of unclaimed legacies used to fund private school in Scotland and controversial architecture group

The Guardian, Wednesday 1 May 2013 21.20 BST

Prince Charles at a consecration ceremony in his Poundbury model village in Dorset, which is one of the beneficiaries of his fund.

Prince Charles has used money from people who die without wills or family in Cornwall to fund his own charities and to support bursaries at his old private school in Scotland.

As Duke of Cornwall, a title that already provides him with an £18m private annual income, a quirk of history means Charles becomes the owner of the assets of anyone living in the county who dies "intestate".

Prince Charles uses 'intestate' cash in Cornwall to fund his own charities | UK news | The Guardian < click


model village??

 

[maxwel]

Wow. I never realized dead peasants were so profitable.
Sweet.

 

[apocalypseArisen]

Yeah, the Crown actually makes a ton of money for the British state. One of the earlier kings signed a pact with parliament that said that he would give up all earnings from his feudal titles to the state in exchange for a fixed salary, and every monarch since has done the same. Given that the land still technically is part of the title, it only makes sense for intestate money to go to said title and then thus to the government.