November 27, 2023

King Charles Secretly Making Money Off Assets of the Dead, Report Reveals

King Charles III is allegedly making money from the assets of the dead in Britain, according to a new report.

The Guardian released the news that noted the use of a medieval law in profit-making activities.

"The king has reportedly been claiming and profiting for years off assets known as 'bona vacantia,' which are owned by people who died without a will or known next of kin, in order to upgrade commercial properties for rent, the outlet reported," the New York Post explained.

"In the past 10 years, the monarch has reportedly collected more than $75 million in the funds — despite pledges to donate all proceeds to charity," it added.

"However, only a small percentage of these revenues is being given to charity," the Guardian reported.

"Internal duchy documents seen by the Guardian reveal how funds are secretly being used to finance the renovation of properties that are owned by the king and rented out for profit," it continued.

"Over 700 years later, it seems like the current king is still adding to that inheritance with the properties of people who never intended for him to have it," the Western Journal reported.

"According to a report by The Guardian, Charles has collected 'tens of millions of pounds' under an ancient feudal law known as bona vacantia," it noted.

Over the past 60 years, the equivalent of over 61 million pounds has been collected by the royals. The staggering amount was once predominantly donated to charitable causes but the new report found only 15% has been donated annually in recent years.

The secret is now out and King Charles III must deal with growing public frustration over the use of the funding for his own benefit rather than the fund's historic use to help others in need. The controversy also adds to decades of other concerns for the king who only recently took the crown after the long-standing reign of Queen Elizabeth.

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