Prince William just inherited a 685-year old estate worth $1 billion

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Prince William just inherited a 685-year old estate worth $1 billion
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Created in 1337 by King Edward III, the estate is worth around £1 billion ($1.2 billion), according to its accounts for the last financial year.

London Royal wills are never made public. That means what happens to much of the Queen's personal wealth following her death last week will remain a family secret.

Forbes estimated last year that the late monarch's personal fortune was worth $500 million, made up of her jewels, art collection, investments and two residences, Balmoral Castle in Scotland and Sandringham House in Norfolk. The Queen inherited both properties from her father, King George VI.

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