{"id":119128,"date":"2023-09-24T15:19:44","date_gmt":"2023-09-24T15:19:44","guid":{"rendered":"https:\/\/yourclomid.com\/?p=119128"},"modified":"2023-09-24T15:19:44","modified_gmt":"2023-09-24T15:19:44","slug":"william-and-kate-face-500m-inheritance-problem-of-unprecedented-proportions","status":"publish","type":"post","link":"https:\/\/yourclomid.com\/world-news\/william-and-kate-face-500m-inheritance-problem-of-unprecedented-proportions\/","title":{"rendered":"William and Kate face \u00a3500m inheritance problem of ‘unprecedented proportions’"},"content":{"rendered":"

Kate Middleton and PrinceWilliam are in line for a challenging inheritance problem of \u201cunprecedented proportions\u201d, according to a royal expert.<\/p>\n

King Charles is a wealthy man, but when he does eventually pass away that massive estate and its history will have to be dealt with, a problem the Prince and Princess of Wales will have to sort. Writing in news.com.au, columnist Daniela Elser explained the situation that might fall to the pair.<\/p>\n

She wrote: \u201cThe King may well end up lumping them with having to sort out a legal, moral, political and financial situation of unprecedented proportions. It all comes back to how exactly a sovereign ended up with a billion dollars (\u00a3530million) plus in personal wealth.\u201d<\/p>\n

READ MORE: <\/b>Meghan Markle issued warni<\/b>ng over memoir \u2013 'but it could win her back favour'<\/b><\/p>\n

Find all the latest news on the Royal Family, including King Charles III, Prince William and Prince Harry by clicking here.<\/b><\/p>\n

<\/p>\n

She added: \u201cMy point is, Britain\u2019s, especially the royal family\u2019s, colonial past is about to catch up with them in a way we have never seen before.\u201d<\/p>\n

This could land at the doorstep of William and Kate, with Daniela adding: \u201cConsider this: William and Kate\u2019s London residence remains Kensington Palace, which was built by William III whose wealth, at least in part, came from shares he was given in the RAC [Royal African Company] before taking over as the Company\u2019s Governor himself." <\/p>\n

That company, Daniela points out, has a vile history: "Between 1673 and 1688, the RAC transported an estimated 90,000 to 100,000 enslaved people, many of whom were branded with \u2018DY\u2019 [Duke of York] or \u2018RAC' on their chests."<\/p>\n

<\/p>\n

She explained this moral responsibility is something that needs sorting by the royals. She said: "However, in all of this there is one fundamental truth that Charles seems to keep dodging: He\u2019s the bloody Head of State.<\/p>\n

\u201cGiven how tangled the legal, financial, emotional, and political skeins are here, I would question whether this is something that can or will be resolved in any way in his lifetime. Hence, this very, very complex issue could well end up falling into William and Kate\u2019s laps.\u201d<\/p>\n

For the latest breaking news and stories from across the globe from the Daily Star, sign up for our newsletter by clicking <\/i><\/b>here<\/i><\/b>.<\/i><\/b><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kate Middleton and PrinceWilliam are in line for a challenging inheritance problem of \u201cunprecedented proportions\u201d, according to a royal expert. King Charles is a wealthy […]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nWilliam and Kate face \u00a3500m inheritance problem of 'unprecedented proportions' - yourclomid.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/yourclomid.com\/world-news\/william-and-kate-face-500m-inheritance-problem-of-unprecedented-proportions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"William and Kate face \u00a3500m inheritance problem of 'unprecedented proportions' - yourclomid.com\" \/>\n<meta property=\"og:description\" content=\"Kate Middleton and PrinceWilliam are in line for a challenging inheritance problem of \u201cunprecedented proportions\u201d, according to a royal expert. 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