Connect with us

CELEBRITY

King Charles earns $25 million a year, Prince William takes home $30.4 million; here’s how much British Royals make

Published

on

 

The British Royals are often in the news for some controversy. Though they dedicate their lives to public service, they do earn money from various dedicated sources.

 

 

According to the BBC, the monarch’s main source of income arrives from a taxpayer-funded settlement known as the Sovereign Grant, which is paid annually.

 

 

The Sovereign Grant for 2022-23 was worth 86.3 million English pounds, the same amount as was granted in 2021-2022.

The Sovereign Grant is divided not only into allowances to the royals but also on property upkeep and staff costs.

 

 

 

According to a report by US Weekly Magazine citing the National Audit Office, the royal family conducts over 2,500 events per year, estimated to cost a total of 369 million British pounds, and all the expenses are done with the Sovereign Grant.

 

 

Apart from personal expenses, King Charles III also received an allowance called a Privy Purse, which comes from the Duchy of Lancaster. Passed down from monarch to monarch, the Duchy of Lancaster holds properties worth an estimated 654 million pounds and generate about 20 million pounds.

 

 

King Charles and Queen Camilla: According to US Weekly, King Charles has around $750 million and reportedly makes $25 million a year as King of England.

 

 

The Prince and Princess of Wales: Prince William and his wife Kate Middleton – Duke and Duchess of Cornwall, receive income from the Duchy of Cornwall estate. In 2023, William took home $30.4 million.

 

 

The Duke and Duchess of Sussex: Prince Harry and his wife Meghan Markle—the Duke and Duchess of Sussex—receive most of their paychecks from Elizabeth via the Duchy of Lancaster. They stepped out of the royal family in 2020 and no longer receive funding from it.

CELEBRITY30 minutes ago

Oh God, Greg is definitely a lucky guy! Take a look inside Greg Gutfeld’s incredible $10.5M family home, after one of Fox News’ most interesting hosts just welcomed his first baby girl at 60, after 20 years of marriage to his Russian beauty.

NFL1 hour ago

BREAK UP THAT SHOCK THE PALACE: Secrets of the Moment Prince William and Kate Middleton’s REVEALED the cause of THEIR FINAL DECISION…..see more details

CELEBRITY3 hours ago

NFL World Stunned as Jason Kelce Unretires, Signs $15M Contract with Chiefs—The Kelce Brothers Unite

CELEBRITY5 hours ago

Just in:”Homeless Man Asks Taylor Swift “Can You Give Me $1?” Taylor’s Response is SHOCKING” Read more…

CELEBRITY5 hours ago

Breaking News: Meghan Markle Publishes a Photo of Her Daughter Lilibet and Everyone Notices the Same Thing

CELEBRITY8 hours ago

SAD NEWS: 30 minutes ago The British Royal Family decided to announce the saddest news that made fans cry: “Prince William confirmed that his wife..

CELEBRITY11 hours ago

JUST IN: Fox News has just reported Again that Taylor Swift has urgently left her mansion, and has reportedly flown to Travis Kelce’s $6 million mansion in Kansas City. The sudden decision has sparked widespread curiosity and concern among fans. According to reports, the Urgent call prompted her immediate departure. Upon her arrival at Kelce’s mansion to ‘confirm the news’, a moving truck was seen leaving the property, adding to the speculation about the nature of the situation.The reason behind Swift’s urgent visit and the presence of the moving truck… 

CELEBRITY11 hours ago

EXPLOSIVE DRAMA! Hulk Hogan BLASTED as a ‘Liar’ by Ex-Wife Linda, Who Breaks Down Over Estrangement from Daughter Brooke – ‘Worst Mess Ever!’. What happened?

CELEBRITY12 hours ago

Breaking news: Patrick Mahomes terminates his 7-year marriage to Brittany upon learning he is not the biological father of their children.

CELEBRITY14 hours ago

Karoline Leavitt BANS CNN’s Kaitlan Collins from Press Brief after STUPID Question full story below

Copyright © 2024 USAenquire