He is also the father of Queen Elizabeth's great-grandchildren: Prince George, Princess Charlotte and Prince Louis. After Queen Elizabeth's death, Prince William inherited the Duchy of Cornwall, a private estate worth around $1.2 billion.
Not only does Prince William have more money than his brother, Prince Harry, for reasons that would cause any family to feud, but he's about to get even richer, too. Here's a breakdown of Prince William's net worth, and how his royal finances work.
Currently, the Duke of Cambridge's net worth is estimated to be around $40 million, but with the addition of the Duchy of Cornwall, Prince William has skyrocketed by a cool $1.3 billion to $1.34 billion.
Nowadays one of his main sources of income is via the Duchy of Cornwall, which made profits of $26 million in 2020 and $24 million in 2021. According to Bloomberg, William will now earn $24 million a year from the Duchy of Cornwall. Related: How Long Was Elizabeth Queen?
As the new Prince and Princess of Wales, William and Kate receive a majority of their income from a private estate called the Duchy of Cornwall, which was established in 1337 to financially support the heir to the throne, according to CNN.
So what will Prince Harry inherit from Queen Elizabeth? Representatives told Forbes in 2021 that Harry was not a beneficiary of any of the $100 million left to the royal family by his great-grandmother, the Queen Mother.
After stepping down as working royals, Harry and Markle largely relied on Harry's inheritance from his late mother, Princess Diana, estimated at $10 million.
Princess Charlotte has been refered as "the richest kid in the world" due to her status as a member of the British royal family, which is one of the wealthiest and most prominent royal families in the world.
Prince Harry and Meghan no longer receive money from the Royal Family and have a series of commercial arrangements with a number of companies.
Taking her many streams of income into account, the Queen earned a generous salary each year until her death According to the Evening Standard, this looked like an estimated $97.2 million in yearly income for Her Majesty in 2020.
Following his father's ascension to the throne, much of William's wealth will come from The Duchy of Cornwall. The Duchy is a private fund founded by Edward III in 1337, designed to provide a sort of financial independence to his heir. It has since been passed down through the family.
King Charles, inherited her $500 million per Forbes. 4 Charles' inheritance has reportedly made his wealth total over $2 billion (£1.8 billion), according to The Guardian,2 and includes assets ranging from estates and artwork, to jewels, racehorses, stamps and cars.
what was Princess Diana's net worth at the time of her death? Princess Diana's net worth was $25 million, according to Celebrity Net Worth.
Who inherits the Queen's wealth? King Charles is the sole beneficiary of the Queen's wealth, including her £650 million estate. On top of this, she amassed tens of millions of pounds in her own cash and assets, mainly from art and racehorses.
1. What Is Kate Middleton's Net Worth? Understandably, the royal family is relatively private about financial matters. However, Kate Middleton's net worth is an estimated $10 million, according to Celebrity Net Worth.
How Does Prince Harry Make Money? While Harry was in the Royal Air Force, he made over $45,000 a year, according to a report by Fortune in November 2017. He and Meghan have since launched their Archewell Productions media company and signed a major deal with Netflix in 2020, allowing the pair to have a steady income.
So far, according to a report by Semana magazine and several British media outlets, the estimated income of Charles was 28.5 million dollars a year; William and Kate Middleton would earn about 4 million dollars a year; Prince Harry and Meghan, the Duke and Duchess of Sussex, about 3 million; Princess Anne, 441,000 ...
Under British royal protocol, both Lilibet and Archie Mountbatten-Windsor, the couple's 3-year-old son, are entitled to the titles of princess and prince as grandchildren of the sitting U.K. monarch.
Royal author Duncan Larcombe told Town and Country magazine: "The title of Princess Royal is traditionally bestowed on the eldest daughter of the monarch. "It is a title that remains for life, so Princess Charlotte will have to wait at least until the death of the current Princess Royal."
Rich Princess Charlotte Is Probably Inheriting $2 Million in Jewels From Her Mom.
The current richest family in the world is the Walton Family with a net worth of $173.1 billion.
It's reported she put a large sum of money into a trust fund to be split between all of her great grandchildren, but as per an agreement, Prince Harry received more of the inheritance than Prince William.
It was August 1997 when Prince Harry's mother, Princess Diana, was killed in a car crash in Paris. Harry, 12 years old at the time, was at Balmoral Castle in Scotland with other members of the royal family.
In a 2017 interview with ITV News that was released Sunday in the wake of Queen Elizabeth's death, Anne backed her mother's decision to keep the boys in Scotland following the Princess of Wales' unexpected death. "My mother did exactly the right thing," Anne said, speaking to ITV News.