The Duchy generates a
£23million-a-year income and William began his new role on Wednesday by
holding a meeting with the Duchy’s finance committee.
According to the Court
Circular, William spoke to the Duchy’s finance committee via video link.
As the 25th Duke of Cornwall,
William is entitled to the annual surplus generated by the Duchy’s vast
portfolio of land, buildings and financial investments.
William inherited the Duchy from his father Charles
He has also taken charge of
overseeing the management of the estate, with the meeting understood to be a
sign of the seriousness with which takes his new role.
In 2021-2022, the annual Duchy
income came to £23million for Charles.
It was an incredibly busy day
for the royal family on Wednesday, as they all united to take part in a
procession behind the Queen’s coffin as it made its way to Westminster Hall
from Buckingham Palace.
In a display of unity, Prince
William and Prince Harry walked side-by-side – unlike at the Duke of
Edinburgh’s funeral when their cousin Peter Phillips walked between them.
William wore his RAF No1
uniform, a Garter Sash with RAF Pilot Wings and displayed his Garter Star – the
most senior order of knighthood in the British honours system, outranked in
precedence only by the Victoria Cross and the George Cross.
William, as a future king, was
made Knight of the Garter in 2008 by his grandmother; coincidentally, St
George’s Chapel is also the mother church of the Garter Order.
Alongside the star, William
wore his Platinum and Golden Jubilee Medals, and his Diamond Jubilee Medal,
also presented to him by the Queen.