The Prince of Wales inherited the Duchy of Cornwall after after his grandmother Queen Elizabeth II died and his father, King Charles III, took over the throne.
The Duchy recorded net profits of £24.048 million – or roughly $30.34 million – for the financial year of 2022 to 2023, per the report.
Prince William reportedly received a private income of nearly $7.5 million from the Duchy of Cornwall this year.William’s income was reportedly reduced because he took over the Duke of Cornwall title mid-way through the year.Last year, the account garnered roughly $29 million, which meant there was an increase of nearly $1.29 million.
William, 41, normally would have received the full $30.34 million surplus, but that reportedly changed since he inherited the estate halfway through the financial year.– was entitled to less than half at $14.225 million while William received $16.115 million.However, the Duchy then requested to keep more than $8.67 million – or £6.
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