Prince William inherited his father’s titles as Duke of Cornwall and Prince of Wales, two titles reserved for the heir apparent. In his first address to the public, King Charles III created Prince William Prince of Wales. Upon the death of Queen Elizabeth II, Prince William automatically inherited the £1 billion property portfolio. According to Newsweek, Prince William has been preparing for this job for many years. However, Prince William is responsible for managing the estate in a manner that is 'sustainable' and 'meaningful to the local community'.

Source: The Guardian September 13, 2022 16:48 UTC