Prince William doesn’t have a traditional job or salary, but he still managed to rake in millions this year.
According to People magazine, the Prince of Wales received around $30 million in income by 2025 – but how did he do it? Unlike a conventional salary, William’s income is linked directly to the Duchy of Cornwall, an estate created in 1337 by King Edward III to fund the heir to the throne. William, 44, inherited the dukedom when his father, King Charles III, ascended the throne in 2022.
The Duchy of Cornwall’s integrated annual report for 2025, published back in June, revealed a distributable profit of £22.9 million, or about $30.9 million, for the 2024-2025 financial year. That figure represents Prince William’s second year as Duke of Cornwall and covers official duties, charity work and private expenses for William, Kate Middleton and their three children.
When Queen Elizabeth died, a royal source said Prince William was “completely immersed” in his new role. Since then he has made regular visits across the estate, including an overnight trip in May 2024 to Newquay to see an innovative housing project in the Duchy aimed at tackling homelessness.
The report also highlighted the growing responsibilities of the future king, from becoming patron of The Football Association to taking on new patronages with the Welsh Guards Charity and the Royal Cornwall Agricultural Association.
