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?
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.
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.
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 Edward and Sophie, Duke and Duchess of Edinburgh
They received £130,000 in rent last year from a Canadian pharmaceutical company, on top of the (inflation-adjusted) £6.5m that Edward has received since 1982 for his royal work.
The 73-year-old monarch also accedes the throne with a king's ransom of his own, largely through the lucrative annual income he received from the Duchy of Cornwall, which earned him some $27 million this year and which his eldest son, Prince William, will now inherit.
From 2018 to 2018, Harry's annual allowance from Duchy, which he shared with Meghan, was £5 million or $6.9 million. This paid for Harry and Meghan's public duties as working members of the royal family, such as wardrobe and travel, as well as private costs.
Prince Harry and Meghan no longer receive money from the Royal Family and have a series of commercial arrangements with a number of companies.
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."
The net worth of the British royal family is estimated at $28 billion (£21.3 billion), according to Forbes. Queen Elizabeth II had a separate personal fortune of $500 million (£380.7 million), inherited by her son King Charles, according to Forbes.
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. It's unclear if Harry was left any money from his grandmother the late Queen Elizabeth II, whose will is expected to stay sealed for at least 90 years.
“The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow.” According to Forbes, Charles inherited the Queen's $500 million in personal assets after her death.
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.
Princess inherited Queen Elizabeth's jewellery
According to Radar Online, Princess Kate is expected to inherit Queen Elizabeth's jewellery collection, estimated to be worth around $110 million (£90.67 million) and has over 300 personal pieces that belonged to the late Queen and not the Crown.
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.
Princess Anne will keep the title of Princess Royal as it is a lifelong title. Princess Anne, 72, is Queen Elizabeth II's eldest daughter, and was given the honorary title in 1987. There have been seven Princess Royals throughout history, with Princess Anne currently the seventh incumbent of the title.
But while she almost certainly will never become Queen, she still holds a significant role in the monarchy, not only as the daughter of a former monarch and the sister of the current King, but also as one of the hardest working members of The Firm—and the royal family's resident badass.
Only male royalty can hand down the title of princess. One day, if Prince George and Prince Louis have daughters, they will be princesses. But if Princess Charlotte has a daughter, she will not inherit a title at all. One can only be given to her. This is exactly what happened to Zara Philips, Princess Anne's daughter.
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.
Harry and Meghan's Archewell Foundation donates $3m from $13m raised to causes including Covid jab equity and making a guide on 'fostering positive masculinity': READ MORE. One said: 'Archewell was responsible for encouraging their fans to donate $535,000 resulting in 107,000 vaccine doses.
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.
Much of the royal family's expenses are covered by an annual taxpayer-funded payment known as the Sovereign Grant, which in the 2021-2022 financial year was set at 86.3 million pounds ($108m) – roughly 1.29 pounds ($1.61) for every person in the UK.
Oprah has been a loyal friend and neighbor to the royal couple, following their relocation to Montecito, California in 2020.
It seems that the chances are not that great for Archie because she is seventh in line to the throne, however, many people love the child. Currently, according to celebrity net-worth websites, they concur that the child's estimated net worth was 10 million dollars.