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Prince William, Kate Middleton’s Annual Income Revealed in Report

Earlier this year, the Duchy of Cornwall's Integrated Annual Report showed a distributable surplus of �22.9 million for 2024-2025, paid to Prince William, Prince of Wales and Duke of Cornwall and Catherine, Princess of Wales to cover expenses for them and their three children.
The Duchy of Cornwall, established in 1337 by King Edward III, covers about 130,000 acres across 23 counties and funds the heir to the throne through its land and properties.
As a senior working royal, Prince William, Prince of Wales does not receive a conventional salary, with household costs mostly covered through the Duchy which pays income tax on the distributable surplus, while William actively manages estate projects.
They will step into their roles as Grantors of Royal Warrants next year, giving William and Kate authority to endorse suppliers, with Kate's warrant expected to be especially sought after.
The Duchy of Cornwall is refocusing its organisational strategy toward positive impact for people, places and planet, investing over $20 million in community projects and $5.6 million in environmental initiatives this year while aiming to be net zero by the end of 2032.

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