Britain's King Charles III will pay his son Prince William the rent of £700 thousand a year for the residence Highgrove, Daily Mail writes referring to the source.
Prince William inherited from his father passed the Duchy of Cornwall and real estate in the region for a total of £ 345 million. This list also included a favorite estate of Charles III, built in the XVIII century.
Thus, the king now must pay hundreds of thousands of pounds to his eldest son to fulfill the terms of a long-term lease. The mansion was bought by the Duchy in 1980. In the early years after the wedding, Princess Diana loved to spend time there with her husband.
After inheriting the Duchy, the new Prince of Wales became the largest private landowner in Britain with a fortune of £1.2 billion.
Follow NEWS.am STYLE on Facebook, Twitter and Instagram
10:30, March 30
VEM string quartet, comprising University of California students and graduates, performs in Yerevan (PHOTOS)12:56, March 29
Yerevan to host first international conference of hospitality, tourism industry leaders20:20, March 28
Alexis Ohanian speaks on special marriage to Serena Williams, Barack Obama's advice on raising their daughter16:04, March 28
ArmenՅԱՆs: Karine Petrosyan on working with Gucci, L'Oreal, other major brands, cooperation with Netflix and being a single mom14:15, March 28
San Francisco Armenian community plans to dig up 90-year-old time capsule12:29, March 28
Forbes: 10 reasons to visit Armenia (PHOTOS)10:25, March 27
Playbill: Where to go in Yerevan this week?10:10, March 27
Rosa Linn's track 'Snap' sets records13:30, March 24
Jennifer Lopez: There are no rules in today’s fashion scene (PHOTOS)22:22, March 22
Eurovision 2023: Under which number Armenia to perform at semifinals? (VIDEO)11:05, March 22
Rapper 6ix9ine hospitalized after being beaten by group of men at South Florida gym11:34, March 21
Kev Orkian: Blockade continues, Azerbaijan president threatens Armenians with war, but world is still silent (VIDEO)