The income of Prince William for 2025 has been disclosed, highlighting the amount the future British monarch earns from the Duchy of Cornwall.
Unlike a traditional salary, William’s incomeoriginates from overseeing the Duchy, a vast property worth approximately £1.26 billion.
Founded in 1337 by King Edward III to assist the future monarch, the Duchy spans 135,000 acres across 23 counties in South West England, encompassing land, farms, and real estate.
Following the passing of Queen Elizabeth II, King Charles took the throne, and William received the title along with its associated financial benefits.
As per a report published by the Duchy, William accumulated a total of £22.9 million throughout the 2024-2025 period during his second year as Duke of Cornwall, marking a slight decrease from the £23.6 million he received in the prior year.
The funds are used to cover costs related to official, charitable, and personal activities for William, his wife Kate Middleton, and their three children, Prince George, Princess Charlotte, and Prince Louis. Although the specific amount has not been revealed, it is known that he pays income tax on his income from the Duchy.
As the Duke of Cornwall, William is responsible for managing the estate’s lands and properties, while also aiding the communities residing there. His duties involve various public engagements, leading programs like a homelessness initiative in Newquay, and working towards environmental objectives, such as achieving net-zero status for the estate by 2032.
The disclosure of his income follows a challenging year for the Royal Family, during which William’s uncle, Prince Andrew, lost his titles and royal duties because of his connection with the fallen financier Jeffrey Epstein.
Andrew, 65, saw increased public attention after claims made by Virginia Giuffre, a former victim of Epstein, which he has consistently rejected.
The couple had previously settled outside of court in 2022, and Giuffre’s passing along with her posthumous book revived the accusations, drawing attention to the King’s brother’s history.
The financial support for the Royal Family is sourced from both public and private channels, such as the Sovereign Grant, the Duchy of Lancaster, and the Duchy of Cornwall.
The Sovereign Grant, which amounts to £86.3 million for the period 2024-25, is derived from a portion of the Crown Estate’s earnings and supports the maintenance of royal estates and employees, along with the official responsibilities of active members of the royal family like Princess Anne and Prince Edward.
King Charles also gets private money from the Privy Purse, which is part of the Duchy of Lancaster, valued at around £654 million, used for personal costs that are not covered by the Sovereign Grant.
The family possesses private funds derived from individual investments and trusts, whereas non-working members of the royal family, such as Prince Harry, Princess Beatrice, and Zara Tindall, generate income through their respective professions.