King Charles Inherits Bulging Royal Purse Thanks to Property Boom

The royal family's real-estate portfolio is booming, helping to cover their spending spree.

King Charles Inherits Bulging Royal Purse Thanks to Property Boom

LONDON -- King Charles III preside over a monarchy based in

Financial health

This is due to a growing real estate portfolio that includes bucolic farmland, wholesale warehouses, and prime London office space.

Charles the current monarch is not known to have a large personal fortune.

Who will be crowned this Saturday?

The income of the institution comes from many sources including tax payers, profits on large parcels of land, and unreported private investments.