British royal Prince William’s annual salary has been revealed in a newly published report.
The heir to the British throne was given the title Duke of Cornwall following his father King Charles III’s ascension to the throne in 2022. Prior to this, William’s grandmother, Queen Elizabeth II, served as queen for a record-breaking 70 years and 214 days.
Prince William received a salary of $30 million as part of his first full year’s income from the Duchy of Cornwall estate, which he inherited from his father along with his new title. The number comes courtesy of the Integrated Annual Report, which the Duchy of Cornwall published Thursday. The document revealed a distributable surplus of £23.6 million ($30.4 million) for the 2023-2024 financial year from rents and investments, per Newsweek.
While this number represents a £400,000 ($516,485) decrease from last year, this is the first year Prince William and his wife Catherine received the full amount.
The duchy holds more than $1 billion in property holdings across 52,250 hectares (just over 129,112 acres) of land and more than $100 million in financial assets. The outlet noted that the inherited nature of the estate and the origins of the property have become controversial topics.
The organization noted how the surplus income “meets the cost of the official, charitable, and private lives of their royal highnesses the Prince and Princess of Wales and their children.”
Read full story at The Daily Wire.
