Overview
- The Duchy of Cornwall accounts published on June 27 record a valuation of about £1.2 billion and show Prince William received £21.6 million in private income for 2025–26.
- For the first time William’s voluntary tax payments were disclosed, with £8.34 million for 2023–24 and £7.76 million for 2024–25, taking cumulative payments since 2022 above £20 million.
- The accounts state that roughly £1.5 million of annual rental income from the former Dartmoor Prison site will not go to William personally and will instead fund a community-led Princetown regeneration scheme from 2026–27.
- Kensington Palace household numbers rose to 74 staff from 68, with women making up 73% of employees and 14.9% coming from ethnic minority backgrounds, according to the report.
- The Duchy is a private estate that supplies income to the heir and is separate from the taxpayer-funded Sovereign Grant, so direct wealth comparisons with the King rely on different methods and are likely to intensify calls for clearer, consistent royal finance reporting.