Prince William is the Duke of Cambridge and the eldest son of Prince Charles and the late Princess Diana. He is also the second in line to the British throne, after his father. As such, many people are curious about his income and whether or not he receives a salary.
The answer is yes, Prince William does receive a salary. 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.
The Duchy of Cornwall is a private estate that was established in 1337 by Edward III. It is owned by the reigning monarch and is used to provide an income for the heir to the throne. The estate is comprised of over 53,000 hectares of land, which includes residential, commercial, and agricultural properties. The estate also owns a number of businesses, including a hotel, a brewery, and a renewable energy company.
In addition to his income from the Duchy of Cornwall, Prince William also receives an annual allowance from the British government. This allowance is estimated to be around $6 million a year. He also receives income from other sources, such as investments and gifts from his family.
Prince William is also entitled to receive a salary from the Royal Air Force, where he serves as a helicopter pilot. However, he does not take a salary from the RAF, instead opting to donate his wages to charity.
In conclusion, Prince William does receive a salary from the Duchy of Cornwall and from other sources. His annual income is estimated to be around $30 million a year.
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