Prince William's "salary" as the Duke of Cornwall revealed
A new report has revealed Prince William's salary for his first full year as the Duke of Cornwall
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- JustJared.com (@JustJared) July 24, 2024
Prince William has chosen to withhold more information about his finances, as the Prince of Wales, than his father did before him. https://t.co/j1rDgVzVoy
- ITV News (@itvnews) July 24, 2024
A new report released by the Duchy of Cornwall has revealed Prince William‘s 'salary' for his first full year as the Duke of Cornwall. The estate’s Integrated Annual Report revealed that it distributed a surplus of £23.6 million ($30.4 million) during his first full year as Duke.
William doesn’t receive a traditional income, but the estate “covers the official, charitable and private expenses” of him and his family
Prince William has chosen to withhold the amount of tax he pays on his earnings, as his office said that he is "not obliged to do so."
The accounts for Charles' last full year with the title before becoming king revealed he voluntarily paid £5.9 million in income tax.
The Duchy was set up in 1337 by Prince Edward III in order to provide a pot of money for his son, Prince Edward.
Source
https://x.com/itvnews/status/1816003317098594579
https://x.com/JustJared/status/1815919802780979597