Clearly his experience of running the multimillion pound Duchy of Cornwall for so long has enabled him to see how these palaces may start to pay for themselves.
This summer, small groups will pay £100 a head to see inside the late Queen’s favourite home and ‘happy place’ in the Scottish highlands.
Balmoral is a personal home of the monarch (unlike Buckingham Palace or Windsor Castle, which are held in trust for the nation) and so the King has to foot the running costs himself.
He already has his own personal Scottish home (Birkhall) and only uses Balmoral in the summer months for entertaining.
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