Prince William, 42, took home a staggering $30 million in salary from property in the 2023-24 fiscal year. It is about the Duchy of Cornwall, reports the NY Post.
Prince William is an avid football fan in the United Kingdom. Photo Getty Images (Archive)
The Duchy of Cornwall, the property the Prince of Wales inherited from his father, King Charles III, when he ascended the throne in September 2022, published its annual report on Wednesday, revealing a huge profit of $30.4 million for fiscal year 2023-2024.
In addition to the luxury property, Prince William was given the title of Duke of Cornwall.
The document shows that Prince Harry’s brother, who has been a huge football fan for many years, has been given the title of Patron of the Football Association (FA), a title previously held by the late Queen Elizabeth II.
Prince William is an avid football fan in the United Kingdom. He met up with actors Ryan Reynolds and Rob McElhenney to visit Wrexham FC and traveled to Berlin with his son Prince George to watch England play Spain in the Euro 2024 final.
Elsewhere in the report it is noted that Prince William was given authority over the Welsh Guards Charity and the Royal Cornwall Agricultural Association and was appointed chairman of the Victoria Cross and George Cross Association.
The Victoria Cross and George Cross Association awards the highest military award to civilians and military personnel.
The amount Prince Harry will receive when he turns 40
However, Prince William had to give up his title as chairman of Fields in Trust – an organization that protects parks and green spaces in the United Kingdom.
As heir to the throne, Prince William, Kate Middleton and their three children are exempt from paying tax on the Duchy of Cornwall – a private estate that funds its public, charitable and private activities.
The property is valued at over $1 billion and was built in 1337 by King Edward III.
However, the prince who boasts a large amount of money is Harry. The Duke of Sussex will be 40 years old on September 15, and on the occasion of this age an impressive cash gift awaits him.
He is set to collect a whopping $8.5 million from the $90 million trust fund that his great-great-grandmother, Queen Mother Elizabeth, set up before her death in 2002.
It seems that this considerable amount is more than what Prince William would receive.