Crown Estate Posts Record £1.1 Billion Profit, Boosted by Offshore Wind Leases

Britain's Crown Estate, which oversees King Charles's public property, reported a record profit of £1.1 billion ($1.42 billion) for the fiscal year 2023/24, according to results released Wednesday. This marks a significant increase from £442.6 million in the previous year, driven primarily by income from offshore wind leases. The Crown Estate, which manages extensive land