The new Prince of Wales, Prince William, who controls the Duchy of Cornwall including the King Charles home, has become his father’s landlord and will reportedly receive about £700,000 rent per year from the monarch’s 18th Gloucestershire estate after inheriting the property at his grandmother’s passing.

According to Daily mail, the King has a long lease and pays rent on Highgrove House and surrounding land.

The Prince of Wales is now the biggest private landowner in Britain.

Credit: Daily Mail