URGENT UPDATE: New reports reveal that Prince William, the Prince of Wales, earned an astounding $30 million during his second year as Duke of Cornwall. The figures, released in the latest royal report, have sparked discussions about royal finances and public accountability.
As of June 2025, the Duchy of Cornwall, a historic estate established in 1337 by King Edward III, has generated a 22.9 million distributable surplus for the financial year 2024–2025. This income primarily funds the official, charitable, and private expenses of William, Kate Middleton, and their three children: Prince George, Princess Charlotte, and Prince Louis.
Unlike conventional salaries, Prince William’s income comes from the Duchy, which he inherited following his father, King Charles III, ascending to the throne in 2022. The Duchy, now valued at over $1 billion and spanning 130,000 acres across 23 counties in England and Wales, includes farms, homes, and commercial properties.
Notably, Prince William does pay income tax on his earnings from the Duchy after household expenses, although specific tax figures have not been disclosed. Royal sources indicate that since taking on the responsibilities of the Duchy, William has been “fully immersing himself” in its management, focusing on projects like an innovative housing development in Newquay aimed at addressing homelessness.
Looking ahead, the Duchy of Cornwall is committed to becoming a net-zero estate by the end of 2032, aligning with global sustainability goals. This initiative reflects William’s dedication to modernizing the estate while maintaining its historical significance.
The public’s interest in royal finances shows no signs of waning, particularly as discussions around transparency and accountability continue to gain traction. As Prince William navigates his role amidst evolving public expectations, the royal family’s financial activities are likely to remain a focal point of scrutiny and debate.
Stay tuned for more updates as we continue to follow Prince William’s financial developments and their implications for the monarchy.
