3 ms·
The Crown Estate is one of the largest landowners in Britain, with peers including the Church and the Ministry of Defence, but does not own the majority of the
by KineticLensman 4y ago
The Crown Estate is one of the largest landowners in Britain, with peers including the Church and the Ministry of Defence, but does not own the majority of the UK. Curiously, a lot of the coastal seabed in UK territorial waters is part of the Crown Estate, which has thus profited massively from offshore wind farms.
The Crown 'owns' the Crown estate as a corporation sole [0], a legal entity occupied by a single person, the Monarch. When the Queen died, the Crown persisted as a legal entity but the Monarch changed. King Charles owns several properties that are not part of the Crown estate, e.g. Balmoral and Sandringham. These were purchased by members of the Royal family from other members of the aristocracy in the 19th Century.
[0] https://en.wikipedia.org/wiki/Corporation_sole#The_Crown https://en.wikipedia.org/wiki/Corporation_sole#The_Crown