It's no secret that being a royal comes with certain perks, but the latest financial report from the Duchy of Cornwall reveals just how lucrative Prince William's new role as heir to the throne truly is. Hold onto your crowns, folks, because the numbers are fit for a king (in-waiting, that is).
The Duchy of Cornwall, a sprawling estate established way back in 1337, exists solely to fund the lifestyle and endeavors of the heir apparent.
And let's just say, Prince William's first full year at the helm has been fruitful, to put it mildly. The estate generated a cool $30.4 million in surplus, all of which landed in William's royal pockets.
Now, before you grab your pitchforks and cry "taxpayer robbery," it's important to note that the Duchy of Cornwall is a private estate, meaning it operates independently of the British government and taxpayer funds.
Think of it as a family business, albeit one with a rather extensive portfolio of land, farms, and even residential properties across England and Wales.
While $30 million is certainly nothing to scoff at, it's not like William is lounging about in a palace counting his riches. Since inheriting the Duchy after Queen Elizabeth's death, he's taken a hands-on approach to managing the estate, visiting various projects and initiatives.
The article is not finished. Click on the next page to continue.
The article is not finished. Click on the next page to continue.
Next page