Prince William Net Worth: The Duke of Cambridge, Prince William, is a member of the British royal family. The Duke of Cambridge, Prince William, is the second in line to the throne.
Following in the footsteps of his father, King Charles, he will be crowned king one day. When his mother, Queen Elizabeth II, passes away, Prince Charles will be crowned. One of the titles that will pass to William at that time is Duke of Cornwall.
With the title comes the Duchy of Cornwall, a vast portfolio of land and properties from which William’s net worth will skyrocket. Let’s find out what Prince William’s net worth will be in 2022.
Early Life of Prince William
On June 21, 1982, at St Mary’s Hospital in London, he was born William Arthur Philip Louis. Last names are not used by members of the royal family.
The then Archbishop of Canterbury, Robert Runcie, baptised him on August 4, 1982, in the Music Room of Buckingham Palace. That was also his paternal great-grandmother, Queen Elizabeth, AKA the Queen Mother’s, 82nd birthday.
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Former King Constantine II of Greece, Princess Alexandra, The Hon Mrs. Angus Ogilvy (his paternal cousin), the Duchess of Westminster, the Lady Susan Hussey Lord Romsey (his paternal cousin), and Sir Laurens van der Post are William’s godparents.
In 1992, Prince Harry’s mother and father divorced. It took until 1996 for their divorce to be finalized. The following year, Princess Diana was tragically killed in a car accident in Paris.
William began his education at private schools before following in the footsteps of the Spencer family and enrolling at Eton College, where he met Diana’s father and brother. T
he Royal family’s tradition of educating their children at Gordonstoun was broken when William went to Eton. He attended four schools in the United Kingdom and graduated from the University of St Andrews with a bachelor’s degree.
Prince William Military Career
Prince William served as a lieutenant in the Household Cavalry’s Blues and Royals regiment alongside his brother Prince Harry. He earned his wings in just two years after completing pilot training at the Royal Air Force College Cranwell.
He was then transferred to the Royal Air Force, where he was promoted to flight lieutenant and went through helicopter training to become a full-time pilot with the Search and Rescue Force.
Likewise, he completed his general and special-to-type helicopter training in the autumn of 2010. Furthermore, he then served with the No. 22 Squadron at RAF Valley, where he co-piloted a Sea King search and rescue helicopter.
What Is Prince William Net Worth?
Prince William net worth is $30 million. The Duke of Cambridge, also known as Prince William, is a member of the British royal family. Prince William is the eldest son of the late Charles, Prince of Wales and Diana, Princess of Wales.
Prince William is Queen Elizabeth II’s and Prince Philip’s third grandchild. William is second in line of succession to the thrones of the Commonwealth realms, a group of sixteen independent sovereign states.
The United Kingdom, Canada, Australia, New Zealand, Jamaica, Barbados, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize, Antigua and Barbuda, and Saint Kitts and Nevis are among those countries.
As a result, he is second in line, behind his father, to become Head of the Commonwealth (figurehead of the 54-member Commonwealth of Nations) and, in England only, Supreme Governor of the Church of England.
William’s current net worth is primarily derived from a trust fund he inherited from his late mother. When his father ascends to the throne, William will inherit the Duchy of Cornwall, a billion-dollar real estate portfolio that generates $20-30 million in personal income for the next in line to the throne.
More information on his inheritance and the land trust will be provided later in this article. When their great-grandmother died in 2002, William and Harry each received millions of dollars.
In an average year, William’s father Charles pays around $4 million to cover William’s travel, security, and secretarial costs.
Personal Life of Prince William
On April 29, 2011, Prince William married Kate Middleton, now the Duchess of Cambridge, at Westminster Abbey. Prince William was named Duke of Cambridge, Earl of Strathearn, and Baron Carrickfergus just hours before his wedding.
The Duchy of Cornwall
The eldest child of the reigning monarch inherits the Duchy of Cornwall, according to British royal law. This title is essentially a large real estate portfolio that allows the Crown Prince to earn a good living while waiting for the throne.
Edward III established the Duchy in 1337 to provide income for the heir apparent. When Charles becomes King, William becomes Prince of Wales and the beneficiary of the Cornwall Trust.
When William becomes King, the trust will be passed down to his son George. And so forth. The trust is considered a “crown body” by the UK government, which means its income is not taxed.
The tax-exempt status has been challenged several times, and Prince Charles has voluntarily paid income taxes since 1993. For about a decade, he voluntarily paid a 50% tax rate on his income.
When he married in 1991, he started paying 25%. He has paid the standard UK income tax rate every year since 1993.
The duchy owns 133,000 acres of land in the United Kingdom spread across 23 counties and employs more than 150 people.
Farming, residential housing, and commercial real estate are all on the property. The estimated value of the land as of this writing is $1.3 billion.
In an average year, the trust earns slightly more than $20 million in after-tax income on gross revenue of $40-50 million. The income has topped $30 million in some years.
What is Prince William’s Salary?
William earned $73,000 per year while serving in the Royal Air Force. Nowadays, the Duchy of Cornwall is one of his main sources of income, with profits of $26 million in 2020, a portion of which Charles allots to William and his family. William received approximately $6 million from the duchy in 2019.
Who Is Wealthier, Prince William or Prince Harry?
Prince Harry used to be funded by his father as well, but in his and Duchess Meghan’s 2021 interview with Oprah Winfrey, he explained that Charles had cut the Sussexes off after they stepped back as senior royals.
However, thanks to the inheritances left to him by Diana and the Queen Mother, Prince Harry was estimated to be worth between $25 million and $40 million in 2018.
Following the Sussexes’ multi-million dollar, multi-year deals with Netflix and Spotify, that figure has most likely increased exponentially in the years since. The Duke and Duchess of Sussex are estimated to be worth $60 million.
However, Harry and Meghan are responsible for their own expenses such as security and travel, whereas William and Kate’s are funded by the British taxpayer.
Prince William’s future inheritance of the Duchy of Cornwall will almost certainly see him surpass his brother in terms of net worth.
Prince William Owns Some Luxury Items
Given Prince William’s royal status, it’s unsurprising that the future King of England owns a number of high-end possessions.
The Duke of Cambridge’s Omega Seamaster Professional watch, which Marie Claire reports was a gift from his mother, the late Princess Diana, is one of these eye-catching pieces.
The prince has been seen wearing the Omega watch on several occasions, including Princess Eugenie’s wedding and his own wedding day with Kate Middleton.
According to Express, the sentimental watch is thought to have cost around £3,000 (approximately $3,760). The Omega Seamaster is far from the prince’s only luxury watch, according to the source.
Other Omega watches, as well as Rolex and Breitling pieces, have been worn by the Duke of Cambridge. Aside from the prince’s pricey timepieces, the future king and his wife enjoy driving and, according to The Sun, have quite an extensive vehicle history.
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Prince William’s cars have ranged from a Mk1 Ford Focus, a Volkswagen Golf Mk3, and an Audi A7 to an Audi RS e-tron GT (base price: £110,000, or about $138,000) over the years.
The Duke of Cambridge has also been spotted riding a Land Rover Discovery and an Aston Martin DB6 in addition to his stylish Triumph Daytona 600 motorcycle.
The Aston Martin, on the other hand, is said to belong to his father, Prince Charles, and was only lent to the Duke and Duchess of Cambridge for their 2011 wedding day.
Frequently Asked Questions
How tall is Prince William?
Prince William is 6′ 3″ tall.
What is the real name of Prince William?
The full name of Prince William is William Arthur Philip Louis Mountbatten-Windsor.
What is the name of Prince William’s wife?
Catherine, Duchess of Cambridge, GCVO, Prince William’s wife, and she is a member of the British royal family.