Overview
- The 2025 Integrated Annual/Impact Report lists a £22.9 million (about $30.9 million) distributable surplus for 2024–25, down from £23.6 million the previous year.
- The surplus covers official, charitable and private expenses for the Prince and Princess of Wales and their three children.
- The Duchy oversees roughly 130,000 acres across England and Wales and is pursuing a net‑zero goal by 2032, noting 400 hectares of new habitat created this year.
- The estate is not liable for UK corporation tax because it is not a separate legal entity, while Kensington Palace maintains William pays income tax on his surplus.
- Recent coverage highlighted resident complaints about upkeep in Duchy communities and flagged a conflicting report that cited a higher $46.05 million figure than the official total.