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Prince William's Annual Income Revealed

Published December 30, 2025, 14:27
Prince William's Annual Income Revealed

Prince William received approximately $30.9 million in income from the Duchy of Cornwall for the 2024-2025 financial year, according to the Duchy's Consolidated Annual Report. The Duchy of Cornwall, a vast estate inherited by the Prince after his father, King Charles, ascended to the throne, covers the expenses of himself, Kate Middleton, and their children. The estate, valued at over $1 billion, includes land, farms, and residences throughout England and Wales. Prince William, as the Duke of Cornwall, pays income tax on the earnings from the Duchy, after deducting household expenses. The report states that the Prince has been actively involved in managing the Duchy since taking it over, making visits and supporting initiatives such as the housing program in Newquay. The Duchy of Cornwall was established in 1337 by King Edward III to provide financial resources to the heir to the throne. The surplus distributed to Prince William is intended to cover his official, charitable, and personal needs. The management of the Duchy is important for maintaining the financial independence of the royal family. The publication of the Duchy of Cornwall's financial details is part of an effort to increase transparency in the royal family's finances, a practice that has intensified in recent years. The report provides a detailed picture of the Duchy's income and expenses, allowing the public to understand how the resources are used.