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Where does the Duchy’s surplus go?

April 26, 2017duchy surplus

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Where does the Duchy’s surplus go?

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Since it was established in the 14th century the Duchy’s main purpose has been to provide an income, independent of the Monarch, for the heir apparent. The current Prince of Wales chooses to use a substantial proportion of his income from the Duchy to meet the cost of his public and charitable work. Last year The Prince of Wales helped to raise over £100 million for charitable causes. The Duchy funds the public and private lives of four members of the Royal Family – The Prince of Wales, The Duchess of Cornwall, Prince William and Prince Harry.