Prince William is wealthy because he is literally royalty. Something like, “I lived in a random castle, and my late grandma had a scepter.” rich. Prince William not only has more money than Prince Harry; Any Although he has a feud with his family, he is trying to become even richer. Here's a breakdown of how his royal family's finances work that inquisitive minds want to know.
Oh, this?Just a fraction of the royal family's huge net worth
Are you pretty curious about Prince Harry's net worth?
Duchess Kate's net worth was huge before she joined the royal family, but it's even bigger now
It's time to find out about Charles III's huge wealth
First things first: He has a trust fund from his great-grandmother.
Things I inherited from my great-grandmother: brushing the hair off my upper lip (thank you!) and an obsession with cheese. What Prince William received from his great-grandmother was Buncha Money.
Wills' great-grandmother was Queen Elizabeth's mother, and in 1994 she took the plunge and put two-thirds of her fortune (estimated at £19 million, close to a cool $23 million) into a trust fund for her great-grandchildren. Ta. .of guardian Prince Harry and Prince William reportedly split the trust, worth about 6 million pounds (approximately $8 million), when he was 21 years old, but the Queen Mother is said to have compensated Prince Harry for his “inability to become sovereign.” It was said that it was not a 50-50 deal because he was hoping for the same. lol.
Prince William and Prince Harry will split a further £8 million (approximately $10 million) from their trust fund when they turn 40. (P.S. Prince William is already 41 years old, so he's likely already aware of that amount). I wonder who the rest of the money will go to, but it will likely be Harry and William's cousins further down the line to the throne.
Princess Diana left him a huge inheritance
Princess Diana tragically passed away at just 36 years old. Forbes, She left Prince William (and Prince Harry) $10 million after taxes. Mr. Wills started receiving annual dividends of $450,000 when he was 25, and that has something to do with what he wants to do. However, he certainly isn't using it to pay for his royal life. more than covered.
He gets perks from being a working royal.
Prince William is a so-called “working royal” whose full-time job involves attending charity events and shaking lots of hands. As a result, he and his wife, Duchess Kate, have much of their travel expenses, including travel expenses, paid for by the Sovereign Grant, which is taxpayer money used to cover royal duties. Sigh. I'm sure it'll be wonderful.
He will inherit the Duchy of Cornwall at the end of 2022
In case you can't get enough of just how wealthy the royal family is, allow me to introduce you to the Duchy of Cornwall. This is a private “portfolio of real estate and financial investments” previously owned by King Charles. However, after Prince Charles died in September 2022 and became king, Wills took over. William is now the Duke of Cornwall and is in charge of the Duchy's revenue. Bonus: How he spends it is largely up to him, and by 'it' I mean the roughly £23m he will receive a year.
But finances aside, Cornwall is near and dear to Prince William and Prince Harry, as they often visited during holidays with their mother, the late Princess Diana. In fact, in a documentary produced in 2019, ITV called Prince Charles: Inside the Duchy of Cornwall, The Duke of Cambridge revealed how excited he was to be leaning into that side of the family business, saying: I think the family aspect is really important, I really think so. ”
Later in the document, Charles echoed his son's enthusiasm, confessing that he was “almost in tears” at the fact that Wills was so interested in taking over the portfolio. “I was deeply moved and moved by his words…I almost burst into tears when I heard them, because I suddenly thought that just hearing that from him made these 50 years worth it. ” I never thought I would be here crying over a literal piece of land, but here I am!
And in the end, he will inherit the queen's property as well.
Prince William will become the next monarch immediately after King Charles, who experienced a major milestone in his reign as monarch at the time of his coronation. This means that ultimately ~everything that the light touches~ becomes his. Forbes, This includes $10 a billion Substantial real estate, the Royal Art Collection, a bunting swan, and $12.9 million in annual government grants. The late queen's personal net worth was $500 million (also known as non-royal money), which includes real estate, a stud farm, jewelry and an lavish stamp collection. *Camera cuts awkwardly to Prince Harry*
Oh, PS Thanks to a convenient 1993 agreement with the UK government, neither Charles III nor any other family members who receive an inheritance after the Queen's death (including Prince William!) will have to pay inheritance tax on it. Nice!
So, what will Prince William's total net worth be in 2023?
Prince William's current net worth is around $100 million, most of which comes from the duchy. Meanwhile, here I am, inheriting his mother's fine lines and wrinkles, and it's okay.
