With the death of Elizabeth II, Prince William inherited the Duchy of Cornwall, an estate that has boosted his income in the last year. According to the annual report, the Prince of Wales was paid around $7 million.
Edward III was more than 600 years ago. of England was responsible for founding the Duchy of Cornwall and since then 25 dukes have died including Prince William.
According to the official report, the Duchy of Cornwall’s total revenue is just over £24 billion, or more than $30 million. Prince William and King Carlos III. decided to split in half the amount they receive from the Duchy, that is, he received more than $16 million this year.
Of this amount, the Duchy of Cornwall required a portion, £8 million, to be retained as “additional working capital”. This way, Prince William only received £6million, an income that could change in the future.
In addition to receiving this amount, the son of Carlos III. confessed his interest in various causes on more than one occasion; “I am committed to tackling climate change and am proud of the efforts to contribute to this challenge.”