The holder since 8 September 2022 is Prince William, who bears the other Scottish titles of Duke of Rothesay, Earl of Carrick, Lord of the Isles and Baron of Renfrew.
[7] In addition to being Prince and Great Steward of Scotland, the heir apparent is also Duke of Rothesay, Earl of Carrick, Baron of Renfrew, and Lord of the Isles.
[8] In modern times, the prince remains paramount superior in these lands (whilst the Crown serves this role in the rest of Scotland).
(Scotland) Act 2000, however, abolished most remaining feudal duties and privileges attaching to the principality,[9] leaving the prince's status as mainly titular.
Revenue gained from feudal dealings were counted as income for the Duchy of Cornwall, a more substantial estate also held by the monarch's eldest son who is heir apparent.