Despite the difficult start to the year for his family, 2024 appears to have been an easy year for Prince William’s finances.
The Prince of Wales, 42, is set to receive a staggering $30 million in salary from his Duchy of Cornwall estate during the 2023-24 financial year.
Duchy of Cornwall – the property that William, 42, inherited from his father, King Charles III, when ascended the throne In September 2022 – Published Integrated Annual Report The US Treasury Department announced on Wednesday a massive surplus of $30.4 million for fiscal year 2023-2024.
In addition to the lavish estate, the father of three was given the title of Duke of Cornwall.
The report also revealed that William – who has been an avid football fan for years – has been made a patron of the Football Association, a title previously held by his late grandmother, Queen Elizabeth II.
The Football Association governs professional football in England for men, women, youth and disabled people.
William was very active in supporting football in the UK.
He met Hollywood actors Ryan Reynolds and Robert McElhenney to visit their club Wrexham FC, and travelled to Berlin, Germany with his son Prince George to watch England take on Spain in the Euro 2024 final.
Elsewhere in the report, William was given authority over the Welsh Guards Benevolent Institution and the Royal Agricultural Society of Cornwall, and was appointed President of the Victoria Cross and George Cross.
the Victoria Cross and George Cross Association The highest military award is given to civilians and military personnel.
However, to accept this honour, William had to give up his title as President. Fields in Trust – An organisation working to protect parks and green spaces across the UK.
As heir to the throne, William, his wife Kate Middleton and their three children benefit from the tax-exempt Duchy of Cornwall – a private estate that funds his public, charitable and private activities.
The estate is valued at over $1 billion and was established by King Edward III in 1337 to provide funds for the heir to the throne for future generations.
It covers approximately 205 square miles of land across the UK, encompassing more than 20 counties, and consists of “arable farms and livestock, residential and commercial properties, as well as woodland, rivers, quarries and coastline”. Report 2023 Notes.
Last year, the estate raised about $29 million, although William only received a portion of that amount because he inherited the title and estate mid-year.
But the prince who is expecting a huge salary in the future is Prince Harry.
The Duke of Sussex turns 40 on September 15, and he’s in for a stunning cash gift as he enters his 40s.
The father of two is set to receive a whopping $8.5 million from his share of the $90 million trust fund set up by his late great-grandmother, the Queen Mother, before her death in 2002.
The huge sum is said to be larger than what William is set to receive.