Charles III has ‘fattened’ his fortune with €68m worth of assets from deceased people who left no will and is using them to reshape the royal estate rather than for charity, according to British press | people | entertainment

British media exposes King Charles of England and his possessions, which will be the result of the accumulation of assets of already deceased people in the northwest of the United Kingdom.

Data provided by guardian It reveals that the heir to Queen Elizabeth II has added at least 68 million euros, or 74 million and 381 thousand dollars, in the last ten years, thanks to a medieval practice known as “bona vacantia.”

What is the “vacant estate” or “vacant estate” that King Charles of England benefits from?

“bono vacantia” or “vacant assets” refers to the assets of people who died without making a will or without having any identifiable family member.

These assets are transferred to the treasury, according to what was published guardianso that it can later be spent on public services.

This practice is carried out in two monarchies, also called duchies, that belong to the royal family, the Duchy of Cornwall and Lancaster. Both generate profits for whoever is heir to the throne, in this case King Charles of England.

The “Bono Shag” collection should be distributed to charities, but according to what was reported by the concerned media and repeated by other newspapers such as the worldReports indicate that only 15 percent of the €68 million has been donated, with the majority being transferred to the financial benefit of King Charles III when making repairs or redesigning his estate assets.

Spanish media point out that “Charles III is one of the largest landlords and tenants in the United Kingdom,” indicating that he was the maximum beneficiary of the Duchy of Lancaster, as dozens of deceased people have been identified in places such as Preston. Or Blackburn or Liverpool or Oldham.

The assets of these people immediately passed to the British Crown, “fattening” the king’s fortune after renovations were made to his estates which were then rented out for profit, creating significant savings which gave Charles at the beginning of the year approximately 29 million 974 thousand euros.

Those close to or known to the deceased were aware of the matter, and considered this practice “shocking” and “immoral,” and Buckingham Palace did not comment on it.

For his part, a spokesman for the Duchy of Lancaster explained to The Guardian that in addition to distributing a portion of the funds to charities, a “Late Claims Fund” has been established in the event that a surviving relative or family member files a claim. (And the)

We recommend this news