Prince William Net Worth: Is He 6 Feet 3 Inch? Duke of Cambridge Prince William, a member of the British royal family, has a net worth of approximately $30 million. It’s no secret that Prince William is the eldest child born to the late Prince Charles and Princess Diana. Queen Elizabeth II and Prince Philip, Duke of Edinburgh’s third-oldest grandchild, is Prince William.
There are sixteen autonomous sovereign entities known as Commonwealth realms, and William is the heir apparent to all of them. Some of these countries include the United Kingdom (UK), Canada (CA), Australia (NZ), Jamaica (JAM), Barbados (BB), Bahamas (BA), Grenada (GNA), Papua New Guinea (PNG), Solomon Islands (SO), Tuvalu (TU), Belize (AB), Antigua and Barbuda (AB), and Saint Kitts and Nevis (SK). Second in line to the role of Head of Commonwealth (figurehead 54-nation Commonwealth) and Supreme Governor of Church of England in England only is his father.
From the trust fund, his mother left him, William’s wealth has grown significantly over the years. William will inherit the Duchy of Cornwall, a billion-dollar real estate portfolio that provides $20-30 million in annual revenue for the next in line to the throne when his father becomes King. Later in this piece, we’ll go into greater detail about both his inheritance and this land trust. When William’s great-grandmother died in 2002, they each earned several million dollars.
Typically, William’s father Charles spends $4 million a year to pay for William’s travel, security, and secretarial fees.
|Net Worth:||$30 Million|
|Date of Birth:||Jun 21, 1982 (39 years old)|
|Height:||6 ft 3 in (1.91 m)|
Prince William’s Career
At St Mary’s Hospital, London, William Arthur Philip Louis was born on June 21, 1982. There are no last names for members of the royal family. The then Archbishop of Canterbury, Robert Runcie, performed his baptism on August 4, 1982, in the Music Room of Buckingham Palace. Also, his paternal great grandmother, Queen Elizabeth, AKA the Queen Mother, was celebrating her 82nd birthday on that day.
In addition to his maternal cousin, Prince William’s godparents are the former King Constantine II of Greece, Princess Alexandra, The Hon Mrs. Angus Ogilvy, the Duchess of Westminster, and the Lady Susan Hussey Lord Romsey, and Sir Laurens van der Post, who is also his maternal cousin.
1992 was the year when Prince Harry’s mother and father divorced. It wasn’t until 1996 that their divorce was formalized. The next year, Princess Diana was tragically slain in a Paris vehicle accident.
Following in the footsteps of Diana’s father and brother, William Spencer attended Eton College after first attending private schools. William’s decision to attend Eton broke with the Royal family’s long-held custom of sending their children to Gordonstoun. At the University of St Andrews, he earned a bachelor’s degree in English literature.
Prince William’s Personal Life
Kate Middleton, now known as the Duchess of Cambridge, married Prince William at Westminster Abbey on April 29, 2011. Prince William received the titles of Duke of Cambridge, Earl of Strathearn, and Baron Carrickfergus just hours before his wedding.
The Diana Trust
Charles and Diana divorced in 1997, and she received a $24 million settlement from him. After taking inflation into account, that works out to about $40 million in today’s dollars. On the day of their 25th birthday, William and Harry will inherit their mother’s money. They were both 30 years old when the trust appreciated to the point where they each received $20 million as an inheritance. For Harry and William, trust is the principal source of their wealth.
The Duchy Of Cornwall
The Duchy of Cornwall is traditionally passed down to the monarch’s eldest child in accordance with canon law in the United Kingdom. Essentially, the Crown Prince’s position is equivalent to owning a sizable real estate portfolio, which allows him to live well while waiting for his reign. For the benefit of the heir apparent, Edward III established the Duchy of Lancaster in 1337.
In the event that Charles becomes king, William will be heir to the Cornwall Trust and Prince of Wales. The trust will be passed down to William’s son George, the future King of England. As an example,
The trust’s income is exempt from taxation in the United Kingdom since the government refers to it as a “royal body.” The tax-exempt status has been repeatedly contested, and Prince Charles has voluntarily paid taxes on the income since 1993 as a result. For over a decade, he voluntarily paid a 50% tax rate on the income. When he got married in 1991, he began paying 25 percent of the rent. Every year since 1993, he has paid the usual UK tax rate of 45% on his income.
More than 150 people work for the duchy, which owns 133,000 acres of land spread over 23 counties in the United Kingdom. Farming, residential construction, and commercial development are all possible uses for the area. The estimated worth of the land is $1.3 billion at the time of this writing.
Over the course of a normal year, the trust generates about $20 million in after-tax profits on gross revenues between $40 and $50 million. Over $30 million has been earned in some years.
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