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☆ Prince William said it's been the 'hardest year' of his life. It marks a shift for the royal family's image.
▼ + stars: | 2024-11-08 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

William's openness marks a shift from the royal family's traditional PR approach. AdvertisementPrince William this week opened up about his "brutal" year amid King Charles and Kate Middleton's respective cancer diagnoses. By all accounts, it has been another difficult year for the Royal Family. The royal family wasn't initially as forthcoming about the Princess of Wales' cancer diagnosis. Kate Middleton and Prince William attended King Charles' coronation day in May 2023.

Persons: Prince William, —, William, King Charles, Kate Middleton's, it's, Queen Elizabeth II's, Robert Hardman, Richard Fitzwilliams, It's, Fitzwilliams, Elizabeth II, Queen Elizabeth II, Charles , Prince Andrew, Princess Anne, Buckingham, Charles, Rishi Sunak, he'd, wasn't, Princess, Wales, Kate Middleton, Max Mumby, Kate, Elizabeth, Gyles Brandreth, Chris Jackson, William's, Jack Johnson, Jane Owen, Russell Myers, Lorraine, Myers, Owen Organizations: Service, Queen, British, relatability, Sunday Times, National Health Service, Getty Images, REUTERS, ITV, Business Locations: Cape Town, Windsor, Buckingham, king's Duchy, Lancaster, William's Duchy, Cornwall, Kensington

☆ Prince William defends his ambitious plan to tackle homelessness in UK
▼ + stars: | 2024-11-01 | by ( Billy Stockwell | ) edition.cnn.com time to read: +4 min

Editor’s Note: This is a version of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. On the UK radio station LBC, he was dubbed the “prince of homelessness” by host James O’Brien. Like many UK cities, Newport has seen street homelessness almost double over the past three years, according to the documentary. “That’s one of the great things about the prince, he has real convening power. The two-part documentary will be available to stream globally on Disney+ from Friday, and viewers in the UK can catch up on ITVX.

Persons: CNN — Prince William, “, King, Prince, Wales, ”, William, James O’Brien, I’m, Sabrina Cohen, Hatton, ” Cohen, Cohen, Mick Clarke, “ He’s Organizations: CNN’s Royal, CNN, prince’s Royal Foundation, ITV, LBC, West Sussex Fire, Rescue Service, Disney Locations: United Kingdom, Newport, Wales, England, London, Duchy, Cornwall

☆ Now we know Prince William's eye-popping salary and the millions Prince Harry will inherit on his 40th birthday
▼ + stars: | 2024-07-24 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

The Duchy of Cornwall released its annual report for 2023-2024. The report revealed Prince William earned a salary of about $30.4 million for the period. The report comes as Prince Harry is set to inherit $9 million from his great-grandmother in September. AdvertisementThis week, the public got a new peek at Prince William and Prince Harry's financials. On Wednesday, the Duchy of Cornwall released its integrated annual report for the financial period of April 1, 2023, to March 31, 2024.

Persons: Prince William, Prince Harry, —, Prince Harry's financials, Edward III, Sovereign Grant Organizations: Service, Sovereign, Business Locations: Duchy, Cornwall

☆ Opinion: What I noticed immediately about King Charles’ portrait
▼ + stars: | 2024-05-18 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

CNN —King Charles III’s first official portrait was unveiled this week, and I’m sure his majesty would agree it’s a stirring sight. Unfortunately for Yeo, Charles and the butterfly, nothing about the portrait has garnered nearly so much comment as its dominant color. Besides these ceremonial outings, Charles has recently been less prominent in British public life than ever, particularly following the announcement in February of his cancer diagnosis. Charles’ private wealth dwarfs that of any other member of his family. Join us on Twitter and FacebookIn the last 10 years alone, that system has reportedly made King Charles more than £60 million ($76 million) richer.

Persons: Holly Thomas, Katie Couric, CNN — King Charles III’s, I’m, Jonathan Yeo, Charles, Holly Thomas Holly Thomas Yeo, Charles ’, Yeo, ” Yeo, King, “, He’s, I’ve, ”, Queen Elizabeth II’s, Rishi Sunak’s, Tina Brown, Prince of Wales, Buckingham, Lancaster, King Charles, Queen Camilla, you’ve Organizations: Katie Couric Media, CNN, Royal, Guardian, Twitter, Facebook Locations: London, Iraq, Rwanda, Duchy, Cornwall, Lancaster

☆ The royals' old creed of 'never complain, never explain' is a relic of a bygone era
▼ + stars: | 2024-03-18 | by ( Cheryl Teh | Mikhaila Friel | ) www.businessinsider.com time to read: +7 min

The royal family's PR strategy is in need of an update, experts say. The stoicism of the royal family's unofficial motto, "never complain, never explain," was a hallmark of Queen Elizabeth II's reign. Kate Middleton, Prince William, Prince Harry, and Meghan Markle at Windsor Castle. But it's just a motto," Prince Harry told Anderson Cooper during a January 2023 episode of "60 Minutes." Prince William, Prince of Wales and Catherine, Princess of Wales in February 28, 2023.

Persons: —, Prince Harry, Meghan, Oprah, excoriating, Buckingham, Queen Elizabeth II's, Kate Middleton, Prince William, Meghan Markle, Chris Jackson, King Charles, Princess Diana, Kate, Sovereign Grant, Prince William —, Duke of, Anderson Cooper, Prince William , Prince of Wales, Catherine , Princess of Wales, Max Mumby, William's, William, Evan Nierman, Nierman, Elizabeth II, Benjamin Disraeli, Marie Claire, Kristen Meinzer, Stringer, Elizabeth, Meinzer, Queen Elizabeth, Charles, Diana's, Graham Smith, Danny Lawson, Smith Organizations: PR, Service, Getty, Sovereign, Daily, British, Hulton Locations: Windsor, Duchy, Lancaster, Duke of Cornwall, Cornwall, Kensington, Republic, Buckingham

☆ Prince William shows his style of royal leadership with rare interventions
▼ + stars: | 2024-02-26 | by ( Max Foster | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +5 min

CNN —Prince William certainly wants everyone to know he’s back on the frontline of royal duties, after taking some time away to support his wife, Catherine, following her January operation for an unspecified abdominal condition. William has followed the region closely since his landmark trip to Israel and the West Bank in 2018, the first by any member of the British royal family, a royal source told CNN. Prince William speaks to Pascal Hundt of the ICRC on February 20, 2024. Prince William during a visit to Bournemouth AFC's Vitality Stadium in Dorset, England on September 7, 2023. The British royal family has long taken a stance of political neutrality and does not generally comment on sensitive issues.

Persons: Prince William, Catherine, He’s, ” William, ”, Cross, William, Pascal Hundt, Kin Cheung, Ben Murphy, Prince, Wales, “, ” Murphy, William’s “, Andrew Matthews, he’s, doesn’t Organizations: CNN, International Committee, West Bank, ICRC, UK’s, Media, Royal Foundation, Bournemouth, Royal, Foreign Office Locations: Israel, Gaza, London, England, Cornwall, Nansledan, Newquay, Dorset, Ukraine

☆ The royal residence you might soon be able to rent
▼ + stars: | 2023-08-11 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

A version of this story appeared in the August 11 edition of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. London CNN —Buckingham Palace, Windsor Castle or Balmoral might be the first places that come to mind when you think of British royal family homes. Therefore, it is likely the royal lodging will also be let out commercially. It’s where the then-prince retreated after his father, Prince Philip, died in 2021, according to British media reports at the time. The wider Carmarthenshire area has stunning castles, plush gardens, Wales’ largest beach and market towns full of local produce.

Persons: King Charles III’s, Llwynywermod, King, Prince of Wales, Prince William, Prince Philip, ” Charles, William Williams, Queen Anne Boleyn, Mark Bauer, Albertine Organizations: CNN’s Royal, London CNN, British, It’s, BBC, Brecon Beacons, Universal Locations: London, Buckingham, Windsor Castle, Balmoral, Brecon, Welsh, Carmarthenshire, Llwynywermod, Duchy, Cornwall, Wales, –, Cockit, Myddfai

☆ Britain’s Most Famous Landlord, the King, Made $34 Million From Rising Rents
▼ + stars: | 2023-07-18 | by ( Jane Bradley | More About Jane Bradley | ) www.nytimes.com time to read: +1 min

So, the duchy raised rents? Records show that the Duchy raised rents by 3 percent over the last fiscal year, which is just below the pace of private rental increases that have contributed to a cost-of-living crisis. Private rents are increasing at their fastest rate on record across the United Kingdom, though the official figures only go back to 2016. The Duchy said that “refurbishment and restoration” had led to “improved rental values.”Of course, Charles is not a typical landlord. Standards of living are falling as wages fail to keep pace with rising housing and food costs.

Persons: ”, Charles Organizations: Records Locations: United Kingdom

☆ Royal destinations you need to visit in the UK
▼ + stars: | 2023-07-07 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +8 min

A version of this story appeared in the July 7 edition of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. Research in 2011 by Visit Britain found that around 60% of tourists to the UK are likely to visit places associated with the royal family, according to Ross Bennett-Cook, a visiting lecturer at the School of Architecture and Cities at London’s University of Westminster. While there is no more recent data on royal sites specifically, in 2022 Visit Britain found that history and heritage were the biggest pull factors for tourists. Peter Titmuss/UCG/Universal Images Group/Getty ImagesCornwall: Dear to local and international tourists alike, Cornwall, on the southwestern tip of the UK pointing out into the Atlantic Ocean, is also a special destination for the royal family. The medieval parish church of St Mary Magdalene is regularly used as a place of worship by members of the royal family and dates back to the 16th-century.

Persons: Ross Bennett, Cook, we’ve, Queen Elizabeth II, King Charles III, William the, Edward III, Prince Harry, Prince Philip, Peter Titmuss, Duke of Cornwall, Prince William, Mary Magdalene, Bauer, Griffin, Queen, King George VI, Queen Victoria . Prince Albert, Queen Victoria, Andrew Milligan, Prince Albert, daytrippers, Mary Queen of Scots, It’s, Peter Byrne, King Charles, Prince of Wales, Work, wasn’t, King Edward I, Wales, Edward II, Tim Rooke, King George IV, Albert, There’s, shouldn’t Organizations: CNN’s Royal, CNN, Wimbledon, School of Architecture, London’s University of Westminster, Guard, Getty, Radcliffe, Sandringham, Sandringham House, Queen, Highlands, Scottish, Caernarfon, Royal Palaces Locations: Europe, London, Windsor, St, George’s, Duchy, Cornwall, Lostwithiel, UK, British, England, Scilly, Sandringham, Norfolk, Royal Parkland, Scotland, Cairns, Edinburgh, Holyroodhouse, Scottish, Caernarfon, Wales, Menai, Anglesey, Prince, Hillsborough, Northern Ireland, Brighton, Isle of Wight, Osborne

NUCLEAR WEAPONS? Amid today's Ukraine war, the biggest land war in Europe since 1945, the town is again being enclosed by the tentacles of distant tumult. "No one is ever going to tell you where the tactical nuclear weapons are stationed - you should understand that," Kasinsky said. He repeatedly refused to confirm or deny whether the nuclear weapons were outside Osipovichi. "You should not try to make some sort of horror story out of the tactical nuclear weapons," said Kasinsky.

Persons: Wagner, Vladimir Putin, Mikhail Gorbachev, Alexander Lukashenko, Yevgeny Prigozhin, Prigozhin, Leonid Kasinsky, Kasinsky, Osipovichi, Hans Kristensen, Vladimir Lenin, Ilya Petrov, Lukashenko, Guy Faulconbridge, Mark Heinrich Our Organizations: Putin, Town, Bolshevik, Foreign, Belarus OSIPOVICHI, Red Army, U.S . Central Intelligence Agency, Federation of American Scientists, CIA, Communist, Thomson Locations: Belarus, Belarusian, Russia, Osipovichi, Tsel, Russian, Minsk, Ukrainian, Grand Duchy, Lithuania, Nazi Germany, Ukraine, Europe, Moscow, West

☆ Inflation hits royal finances as King Charles turns down heating to save emissions
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +3 min

LONDON, June 29 (Reuters) - Soaring inflation has hit the finances of the British royals, pushing up expenditure, Buckingham Palace said on Thursday, as it revealed King Charles had ordered the heating in royal homes to be turned down to cut emissions. The report said 1.6 million pounds ($2 million) had been spent by the royals on the queen's funeral and related events. The British government said in May it had cost an estimated 162 million pounds overall, which includes the cost of policing and security. He said gas and heating emissions had fallen 19%, partly driven by the king having the thermostats turned down, and a 43% decrease in travel emissions. "The royals have long hidden their true cost, which we have worked out to be at least 345 million pounds.

Persons: Buckingham, King Charles, Sovereign Grant, Michael Stevens, Queen Elizabeth's, Stevens, Charles, Prince William, Graham Smith, Prince Harry, Meghan, Prince Andrew's, Michael Holden, Rosalba O'Brien Organizations: Sovereign, Thomson Locations: England, Wales, Duchy, Cornwall, Windsor, Royal Lodge

A version of this story appeared in the June 23 edition of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. London CNN —He’s heir to the British throne, is married to Catherine, Princess of Wales and is the father of a crowd-pleasing trio. But how much do you really know about the man who now holds the title of Prince of Wales? William and Kate carry takeout pizza boxes as they visit Dowlais Rugby Club in Merthyr Tydfil, Wales on April 27. Max Mumby/Indigo/Getty ImagesOne takeaway from William’s rare newspaper interview is how confident he is in the direction of his work.

Persons: London CNN —, Catherine , Princess of, Prince of Wales, –, William, It’s, ”, Gary, Marc, Arthur Edwards, We’ve, He’s, it’s, “, ” William, King, Kate, Max Mumby, Prince, Wales, we’ve, We’ll Organizations: CNN’s Royal, London CNN, Sunday Times, Times, Dowlais Rugby Club Locations: London, Catherine , Princess of Wales, United Kingdom, Cornwall, Merthyr Tydfil, Wales, Britain

☆ King Charles is giving up the Welsh country estate that took him 40 years to find. Take a closer look at the 192-acre property.
▼ + stars: | 2023-06-05 | by ( Lydia Warren | ) www.businessinsider.com time to read: +1 min

King Charles is giving up the lease on his Welsh estate because he's too busy to use it. Since becoming king, he'd been renting the property, which is owned by the Duchy of Cornwall. He's handing back the keys of Llwynywermod Estate in Carmarthenshire because he can no longer use it like he has in the past, sources told The Telegraph. As Prince of Wales, Charles oversaw the Duchy, but it was passed down to Prince William upon the Queen's death in 2022. Take a closer look at Llwynywermod Estate, which sits on 192 acres outside the Bannau Brycheiniog National Park.

Persons: King Charles, he's, he'd, —, King Charles III, He's, Charles, Prince of Wales, Prince William Organizations: Service, Telegraph Locations: Duchy, Cornwall, Bannau, Wales, Estate, Carmarthenshire

☆ King Charles is handing back the keys to one of his many homes because he no longer has time to visit, report says
▼ + stars: | 2023-06-04 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

King Charles is giving up the lease on a cottage in Wales, The Telegraph reported. Since becoming king, Charles was renting the property which is owned by the Duchy of Cornwall. When he was the Prince of Wales, Charles oversaw a vast property empire owned by the Duchy of Cornwall, which his son William now controls. King Charles's home in Llwynywermod, Wales. William planned to stay in hotels to support the local economy when visiting Wales so didn't need a similar base there, representatives for the Prince of Wales told the newspaper.

Persons: King Charles, Charles, —, he's, King, Prince of Wales, William, King Charles's, Chris Jackson, Prince, Wales, didn't Organizations: The Telegraph, Service, Telegraph, Guardian, Windsor Castle, Wales Locations: Wales, Duchy, Cornwall, Llwynywermod, Windsor

CNN —It’s all systems go for Prince William’s Earthshot Prize lately. Now we’re hearing about a new partnership between the Prince of Wales’ initiative and online video platform YouTube. But away from the glitzy awards ceremony, some have wondered about the real-world impact of innovation prizes like Prince William’s. “Not only because of Prince William but the full Earthshot team that is there in order to support all the finalists. And I think it’s incredibly helpful to share some of the challenges that we have found along the way.”In recent weeks, Prince William even dropped by Notpla’s headquarters in northeast London.

Persons: CNN —, Prince William’s Earthshot, Prince, Prince William’s, William, Prince Philip, King Charles III ., Wales, Alex Bramall, Charles, Prince of Wales, King, Rodrigo Garcia Gonzalez, Gonzalez, Pierre Paslier, ” Gonzalez, “, Notpla’s, ” William, Jonathan Brady, Prince William, “ It’s, Kin Cheung, William “, David Attenborough, Annie Randall, King Charles, ”, couldn’t, Buckingham, Duke, “ He’s Organizations: CNN’s Royal, CNN, London, Imperial College London, Windsor, Getty Locations: Singapore, Wales, Kensington, Boston, United Kingdom, London, Cornwall, It’s

☆ If Charles wants a coronation, he should pay for it himself
▼ + stars: | 2023-05-05 | by ( Opinion Ahmed Twaij | ) edition.cnn.com time to read: +6 min

If Charles III wants the pomp and ceremony of a coronation, he should instead use a negligible portion of the vast sums of money he has accrued over the years thanks to his birth-given status as a royal. Spain’s last formal coronation was all the way back in 1555, while Belgium’s monarchy doesn’t even have a crown with which to conduct a coronation. It also found that a plurality of 45% believe Charles is “out of touch” with the experiences of the public. However, these tourist dollars might well continue whether or not the royal family does. Maybe if a tighter budget is applied to the British royal family, Charles rather than taxpayers will be paying the next time he opts to board a £32,000 ($40,200) charter flight to attend a James Bond premiere.

☆ As cost of living crisis bites, some Brits are questioning spending money on glitzy coronation As cost of living crisis bites, some Brits are questioning spending money on glitzy coronation
▼ + stars: | 2023-05-02 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +18 min

The church operates the cafe alongside a food bank which offers free food, clothes, household items and other necessities to locals who are struggling. When it first opened before the pandemic, the food bank was serving mostly homeless people. Liz Coopey, left, a volunteer at the Given Freely Freely Given food bank in Doncaster, helps local resident Angela Davis with her shopping bags. The Given Freely Freely Given food bank in Doncaster offers its clients other items than just food, including household goods and clothing. Liz Coopey, one of the volunteers there, said she understands the idea of having to rely on a food bank might be scary to many.

☆ King Charles has a personal fortune of almost $750 million — hundreds of millions more than the late Queen, report says
▼ + stars: | 2023-04-16 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

King Charles has a personal fortune worth nearly $750 million, The Sunday Times reported. Analysis by the London newspaper found he is worth about $285 million more than the late Queen. It generated £23 million ($28.5 million) in profits last year and £212 million ($263 million) in the decade to 2022. He is likely to be ahead of David and Victoria Beckham, who were worth £380 million ($472 million) in last year's ranking, and Sir Elton John, who was worth £395 million ($490 million). As King, Charles is now in control of the Crown Estate, worth about £15.6 billion ($19.4 billion).

☆ Moscow is trying to play it cool, but its military moves hint at growing concern over NATO's newest member
▼ + stars: | 2023-04-06 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Finland's admission this month doubles the length of NATO's border with Russia and does so in a region with important Russian military outposts. But Putin's invasion of Ukraine scared not only Finland into joining NATO but also Sweden, which hasn't fought a war since Napoleon was alive. This boosts the alliance's military, political, and economic power considerably and confronts Russia with the prospect of even more NATO forces on its border. There is the possibility of NATO forces and infrastructure being deployed to those countries. Russia's Arctic forces also field an array of powerful weapons, including submarine- and land-based cruise missiles and air-launched hypersonic weapons.

☆ How a man called Alastair Martin helped increase the value of Prince William's property empire by $350 million in less than a decade
▼ + stars: | 2022-09-19 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +4 min

Prince William has inherited a property empire worth $1.2 billion from his father King Charles IIIIn the past nine years, the value of the Duchy of Cornwall's assets has risen by $350 million. When he took over, records show the duchy was making profits of £28 million ($32 million) on assets worth £763 million ($880 million). Since then revenues from commercial activities and the sale of goods has risen by about £5 million ($5.8 million), while agricultural income has barely changed. Last year, the estate bought property worth nearly £42 million ($48.5 million), including several housing developments. But rising activity means operating costs have also doubled, with the duchy now spending more than £6 million ($6.9 million) on its wages bill.

But whatever your feelings toward Elizabeth, it’s clear that the institution of the British monarchy is far from benevolent. Meanwhile, the exact worth of the British monarchy is very difficult to calculate. The Sunday Times' Rich List calculated the queen’s personal net worth as 370 million pounds (more than $420 million), while the author and royal expert David McClure estimated it at 400 million pounds (around $460 million). In 2021-2022, the royal household’s financial report calculated this as 86.3 million pounds ($98.5 million). (According to the BBC, this portfolio generates around 20 million pounds a year in profits.)

☆ The $17 billion estate that helps pay for the royal family – from Regent Street to the Windsor Estate
▼ + stars: | 2022-09-18 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

The Crown Estate's income goes to the UK government, which gives the royal family an annual payment. The assets of the Crown Estate are worth about $17 billion. The Crown Estate is a collection of property and other holdings belonging to, but not managed by, the monarch. While the King technically owns the Crown Estate by virtue of being on the throne, he is not involved in its management. The Crown Estate's portfolio also includes parts of the shoreline and seabed, forests, farms and the Windsor Estate.

☆ King Charles: How Duchy Originals became a top organic food brand
▼ + stars: | 2022-09-16 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

In the year through March 2021, Duchy Originals earned nearly £3.6 million ($4.1 million) before taxes. Control of the Duchy Originals brand is up in the air during a period of national mourning culminating in the Queen’s state funeral on Monday. Packets of Prince Charles' brand of products line shelves at a Waitrose supermarket in central London. The first Duchy Originals product was an oaten biscuit sold in 1992. Johnny Green/Pool/ReutersCharles has access to vast personal wealth through his portfolio of land and property, but he has never directly profited from the Duchy Originals business.

☆ Prince William just inherited a 685-year-old estate worth $1 billion
▼ + stars: | 2022-09-13 | by ( Anna Cooban | Cnn Business | ) edition.cnn.com time to read: +5 min

The line of succession makes Prince William, now the first in line to the British throne, a much wealthier man. Created in 1337 by King Edward III, the estate is worth around £1 billion ($1.2 billion), according to its accounts for the last financial year. From that, the UK Treasury paid the Queen a Sovereign Grant of £86 million ($100 million). The Sovereign Grant is usually equivalent to 15% of the estate's profits. Income from its investments cover official costs not met by the Sovereign Grant, and helps support other Royal family members.

☆ King Charles doesn't have to pay inheritance tax on the Queen's private estate worth more than $750 million
▼ + stars: | 2022-09-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

King Charles has inherited the Duchy of Lancaster estate valued at more than $750 million. He will not have to pay inheritance tax on the estate due to a rule approved in 1993. The provision was first exercised in 2002 when the Queen Mother passed on an estate worth about $80 million to the Queen including a collection of Faberge eggs. The Lancaster estate generated revenue of £24 million ($27 million) last year, its financial records state, and the King is now entitled to its income. It had assets worth more than £650 million ($754 million) at the end of March this year, the duchy's website states.

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