Royal Report 2025 Unveils Prince William’s Impressive Annual Salary
Recent updates from the royal income reports reveal Prince William’s significant earnings. In 2024, he received approximately $30 million from the Duchy of Cornwall. This figure, equivalent to £22.9 million, supports his public role, family needs, and charitable endeavors.
Details of Prince William’s Earnings
Released as part of the Duchy’s Integrated Annual Report for 2025, these figures pertain to the financial year ending in 2025. The surplus serves to fund Prince William, Princess Kate, and their three children: Prince George, Princess Charlotte, and Prince Louis. Despite his royal duties, Prince William does not draw a traditional salary. Instead, his expenses are primarily covered by the Duchy.
About the Duchy of Cornwall
The Duchy of Cornwall has a rich history dating back to its establishment in 1337 by King Edward III. Today, it encompasses more than 130,000 acres across 23 counties in England and Wales, covering diverse assets such as:
- Farms
- Commercial properties
- Residential homes
Valued at over $1 billion, the estate plays a vital role in supporting the heir to the throne. Prince William is responsible for the estate’s management and is dedicated to making it sustainable.
Commitment to Sustainability
Prince William’s involvement extends beyond financial oversight. He is actively overseeing projects aimed at addressing issues such as homelessness. One notable initiative is a housing development in Newquay designed for this purpose.
Looking to the future, the Duchy of Cornwall is committed to major sustainability efforts, aiming to achieve net-zero status by 2032. The estate’s focus on environmental responsibility aligns with Prince William’s broader commitment to social and ecological causes.
Tax Status
Prince William is required to pay income tax on the amount he receives from the Duchy, though the exact figures regarding his tax obligations have not been disclosed. His financial situation reflects the unique nature of royal income, combining personal and official expenses.