Duchy of Cornwall
The Duchy of Cornwall is a private estate established by Edward III in 1337 to provide independence to his son and heir, Prince Edward. A charter ruled that each future Duke of Cornwall would be the eldest surviving son of the Monarch and heir to the throne. The current Duke of Cornwall, HRH The Prince of Wales, is the longest serving Duke in history. The revenue from his estate is used to fund the public, private and charitable activities of The Duke and his children.
The Duchy’s estate extends beyond the geographical boundaries of Cornwall – covering 52,789 hectares of land across 21 counties, mostly in the South West of England. It comprises arable and livestock farms, residential and commercial properties, as well as forests, rivers, quarries, and coastline. Under the guidance of the current Duke of Cornwall, it is the Duchy’s responsibility to manage this estate in a way that is sustainable, financially viable and of meaningful value to the local community.