You don't accept the crown in Britain. He was next in line, he got it automatically the moment Queen Elizabeth died. They're never without a monarch. If he wants to give it to his son, he'll have to abdicate.
I really wonder how long it will be until these fights make it to the other utilities. After all, if a network provider is responsible for what flows down their tubes now, why shouldn't the power companies be similarly "held accountable" for what's done with their power?
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OTOH, owning India or most of Africa doesn't set you ahead in terms of natural resources per person, in the way owning Siberia might.
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