The notion that Prince William is generating substantial income from a secret car showroom may seem far-fetched, but it is indeed the case.
The future King is reportedly earning hundreds of thousands of pounds annually from this unexpected source, which has drawn criticism from some environmental advocates.
Similar to his father, William has cultivated a reputation for supporting environmental causes, including the Earthshot Prize. However, his association with the car showroom appears to conflict with his green principles, reported Mirror.
William’s earnings from the showroom come through the Duchy of Cornwall, which he inherited when his father ascended to the throne.
The Duchy purchased the extensive complex in Solihull for £15 million in April 2022 while the royal estate was still under King Charles’s ownership, according to iNews. This investment is said to generate approximately £800,000 in annual rent for the Duchy.
While the showroom complex does feature some electric and hybrid vehicles, it also houses one of Europe’s largest Volkswagen showrooms, along with partnerships with Volvo, Skoda, and Mazda.
This royal connection has raised eyebrows among environmentalists, who argue that it undermines the royal family’s green image.
The Duchy of Cornwall spans around 52,000 hectares across 20 counties in England and generates revenue through various means, including financial investments, property development, and land leasing.
Established in 1337 by King Edward III to provide an income for his son, Edward the ‘Black Prince’, a Royal Charter ensures that the Duchy’s land will always be held by the eldest son of the reigning British monarch.
After his father took the throne, Prince William assumed responsibility for managing the Duchy of Cornwall estate and now meets biannually with The Prince’s Council, which offers guidance on estate management.
