This marks a significant financial milestone for the future king.
This substantial income supports his official, charity, and personal expenses alongside his wife, Kate Middleton, and their three children.
Despite a challenging start to 2024, the royal couple is set to embark on an exciting new project. Continue reading for more details about it!
What’s Next For William And Kate’s New Project?
Prince William just received an incredible $30 million for the 2023–2024 fiscal year and is taking on a new project.
Despite a rocky start to 2024 with King Charles and Kate Middleton’s cancer diagnosis, he and Kate are thrilled about the new venture, Heads Together.
The couple’s initiative is about mental health in rural areas.
The Prince of Wales’ colossal income comes from the Duchy of Cornwall estate, inherited from his father, King Charles III.
The estate’s Integrated Annual Report showed a remarkable $30.4 million surplus for the year. William’s impressive salary covers all the official, charity, and personal expenses for him and his family of five.
Let us tell you that William gained the title of Duke of Cornwall along with this luxurious estate.
He is also now the Patron of the Football Association (FA), a title that used to belong to Queen Elizabeth II.
Although he doesn’t have a regular paycheck, he gets funds from the Duchy of Cornwall.
King Charles & Prince Harry’s Income
This $1 billion estate spans 130,000 acres across 23 counties in England and Wales.
It is filled with land, farms, homes, and other assets. Reportedly, William has to pay income tax on the money he gets from the Duchy after deducting business costs.
The estate made $29 million, but since William took over halfway through the year, he only got a part of it.
The Earl of Strathearnspent over $7.4 million on a new home, while the estate kept $8.67 million of his share for ‘working capital purposes.’ Meanwhile.
King Charles received a whopping $14.225 million, and Prince Harry is set to receive $8.5 million from his late great-grandmother’s $90 million trust fund.
In conclusion, Prince William’s income secures his family’s future. Also, let us see how his new project turns out! Are you excited about it? Share your thoughts below!
