Overview
- The Duchy of Cornwall’s Integrated Annual Report, published in June 2025, lists a £22.9 million distributable surplus for William’s second year as Duke, equal to about $30.9 million.
- The figure reflects the funds available to support Prince William, Princess Kate and their three children for duties, philanthropy and personal expenses.
- William became Duke of Cornwall when King Charles acceded to the throne in 2022, inheriting the estate created in 1337 to provide income for the heir.
- The Duchy spans roughly 52,449 hectares (about 130,000 acres) across 23 counties with extensive land and commercial assets, including about £345 million in commercial properties.
- Coverage notes he is understood to pay income tax on Duchy income after household-expense deductions, though the specific deductions are not publicly detailed.