Prince Charles Pays 350-Year-Old Royal Debt Prince Charles, heir to the British throne, settled a debt Tuesday that was run up by an ancestor more than 350 years ago. King Charles II ran up a bill with Worcester Clothiers when he asked them to make uniforms for his soldiers, just before the battle of Worcester.
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Prince Charles Pays 350-Year-Old Royal Debt

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Prince Charles Pays 350-Year-Old Royal Debt

Prince Charles Pays 350-Year-Old Royal Debt

Prince Charles Pays 350-Year-Old Royal Debt

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  • <iframe src="https://www.npr.org/player/embed/91372088/91372058" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Prince Charles, heir to the British throne, settled a debt Tuesday that was run up by an ancestor more than 350 years ago. King Charles II ran up a bill with Worcester Clothiers when he asked them to make uniforms for his soldiers, just before the battle of Worcester.

STEVE INSKEEP, host:

And today's last word in business comes from Prince Charles. Yesterday, the heir to the British throne settled a debt. And that debt may serve as a reminder that all that royal genealogy is not always a big benefit. One of his ancestors ran up a debt more than 350 years ago. In the 1600s, King Charles II ran up a bill with Worcester Clothiers when he asked them to make uniforms for his soldiers just before a battle for control of England.

The cost was 453 British pounds. And according to the BBC, after all these centuries that bill would now be worth about 47,000 pounds. However, Prince Charles reportedly said, I am resisting the immense temptation to pay the debt with full interest. Instead, he handed over a mere and precise 453 pounds in cash.

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