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Charles Lost Princely Sum, Newspaper Says

December 19, 1987|From Deutsche Press-Agentur

LONDON — Britain's Prince Charles lost nearly $13 million in the British stock market crash that began Oct. 19, coinciding with the U.S. crash, a British newspaper reported Friday.

In the daily tabloid Today, market analysts estimated that stocks held by the Prince of Wales had soared in value to $40 million this year before shares on the London market plunged by about 30%.

Prince Charles' overall personal worth was estimated at $220 million, largely from landholdings in the duchy of Cornwall.

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