Elon Musk’s company Twitter is being sued for allegedly failing to pay rent for its London headquarters by the British company The Crown Estate, which looks after King Charles III’s holdings.
According to the BBC, the claimed debt originates from the social network’s offices, which are located on Air Street in the British capital close to Piccadilly Circus. The business notified Twitter about the claim earlier and has filed a lawsuit in the High Court of London.
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The Impressive Assets Of The British Crown
The UK Treasury oversees the royal holding company’s one of the country’s largest portfolios of land and businesses, valued at about 15.6 billion British pounds (17.68 billion euros).
The UK, the assets’ legal owner, receives 25 percent of income each year to cover its administrative costs; in 2022, this sum was 86.3 million British pounds (97.8 million euros).
CONFESSION ROOM AT THE CHURCH
GOT A WEAKNESS I LOVE MONEY SO MUCH!
COZ DIAMONDS ARE A GIRLS BEST FRIEND!
LISTENED TO GRANT AT DAVOS
WHEN 1% SCREW YOU
SAY LOUDLY FUCK YOU!
KING CHARLES III
I PRAY FOR UKRAINE
PASS AMMUNITION https://t.co/x6oR5KpcCS pic.twitter.com/XjtBUcvWYq
— Professor Samiyah J. Hassan (@SamiaHassan23) January 26, 2023
Additionally, Charles III is in charge of the Duchy of Lancaster, which oversees more than 18,000 hectares of land in England and Wales, as well as offices and other commercial structures in London, which made 24 million pounds in profits in 2017. (27 million euros).
In addition to her other wealth and possessions, Queen Elizabeth II, who passed away in September at the age of 96, also held the English and Scottish estates of Sandringham and Balmoral.