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The “duchy” has raked in more than £60 million in such funds over the last decade, which it has claimed was being donated to charity. But “internal duchy documents” (yes, this is a real thing) show that much of the funds are actually being used to renovate the king’s real-estate holdings, some of which are then rented out for his own profit

Apparently, Queen Elizabeth II approved using these bona vacantia funds for upgrades in 1987 and again in 2019. Such renovations include double-glazed windows (nice!), log burners, and new roofs. In one case, an old farmhouse was renovated partially using these so-called bona vacantia funds, only to be rented out as a four-bedroom home for £1,450 per month.

The feudal-era practice was signed into law by the Parliament in 1925 but, as The Guardian reports, “why this was done is not known.” Meanwhile, it has helped King Charles, a landlord, amass a private fortune that is estimated to be worth £1.8 billion.

  • BeanBoy [she/her]
    ·
    7 months ago

    Relax he’s just a figurehead with no real power at this point

    • Tankiedesantski [he/him]
      ·
      7 months ago

      I don't think CGPGrey had any real political power at any point but okay.

      (Ayyy)

      • Wheaties [comrade/them]
        ·
        7 months ago

        definitely more popular than the king. i know that's a low bar, but it must count for something?

    • Teekeeus [comrade/them]
      ·
      7 months ago

      Amazing how anglo islanders believe that an inbred clan of major landlords with enormous land holdings have no power in their society

    • HumanBehaviorByBjork [any, undecided]
      ·
      7 months ago

      even if it was true and he was just a monstrously wealthy removed without political office or special privilege, i'd still want to line him up against a wall with his family and shoot the lot