It has reportedly been a positive year for Prince William‘s finances, as it has been revealed what his shocking annual salary will be now that he has received the new royal title of Prince of Wales, which carries with it more responsibilities and also significantly increases his personal earnings.
After becoming Prince of Wales, the royal also gained access to ‘The Duchy of Cornwall‘, a tax-exempt private estate that finances his public, charitable, and private activities. This property is valued at more than one billion dollars and was founded by King Edward III with the intention of providing funds to the heir to the throne.
The Integrated Annual Report was published on Wednesday, revealing a huge surplus of $30.4 million for the financial year 2023-2024, undoubtedly a financially successful year for Prince William and his family, who actively benefit from the profits produced annually by ‘The Duchy of Cornwall’.
According to a report published in 2023, this property has approximately 205 square miles of land throughout the United Kingdom, consisting of agricultural and livestock farms, residential and commercial properties, forests, rivers, quarries, and coastlines, as it covers more than 20 counties.
