Penny Pinching Prince? Britain's Charles Won't Share Riches with Public

Prince Charles is a member of one of the richest monarchies in the world but he faces questions for being penny-pinching. His private income from a swathe of inherited land and laws rakes in a tidy sum. Polly Boiko reports on calls to share the money with the public who pay for it.

Prince Charles Faces Scrutiny by UK MPs

Some critics feel the Prince of Wales is exceeding his powers when it comes to British politics.

Duchy of Cornwall »

Prince Charles Earns £1m From Those Who Die Without Wills

THE DAILY TELEGRAPH: Prince Charles has earned more than £1 million from people dying without a will since 2006 under arrangements dating back to the medieval period, new figures show.

Financial accounts published by the Duchy of Cornwall, the private estate which funds the public, charitable and private activities of Prince Charles and his family reveal he earned £552,000 from the power this year alone.

Under constitutional law dating back to medieval times, the Prince of Wales is entitled to the estates of people who die without a will in Cornwall.

In most of Britain, dying without a will, known as 'dying intestate', means money left by the deceased goes to the government.

But in Cornwall, property passes to Prince Charles. Accounts published on the Duchy's website disclose total earnings of £1.019 million. » | Telegraph reporters | Wednesday, October 03, 2012