How much do members of the British royal family earn?

Have you ever wondered where and how much money British royals make? Many of Britain’s financial resources are spent on maintaining this monarchy, the so-called monarch’s reward. In other words, the royal family lives on the taxes of the people. The Guardian, one of the UK’s leading newspapers, has calculated how much each member of the royal family earns. Let’s look at the details together👇

King III. Charles

His mother is Queen II. When Elizabeth was alive, Charles was the Prince of Wales. With this title, he officially did not receive a salary. He accumulated all his wealth in the duchy of Cornwall in the southwestern part of the country. He earned a total of £612m from the 10,934 official events he participated in between 2002 and 2022. Now that Charles has become king, his fortune is estimated at £20 million a year. In addition, now he will receive income not from Cornwall, but from the Duchy of Lanchester.

As king, Charles is responsible for paying wages to other members of the royal family and staff. Thus, he can access the £86.3 million earmarked for the royal family from the UK Treasury.

Consort of Queen Camilla

Camilla officially joined the royal family when she married Charles in 2005. Until the death of Queen Elizabeth in 2022, all of Camilla’s expenses were borne by Charles. This amount has not been made public. However, it is known that until 2022 he officially took part in 3886 events.

Soon-to-be-queen Camilla will own the same royal estates as Charles. She also owns a large farmhouse, which she purchased after divorcing husband Andrew Parker Bowles in 1995.

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Prince William of Wales and Catherine, Princess of Wales

William, son of Charles, current Prince of Wales. He and his wife Katherine own three houses: Adelaide Cottage, Apartment 1A and Kensington Palace near Windsor Castle. Prior to the title change, William received a share of his father’s income from the Duchy of Cornwall. This amount was not disclosed to the press, but the money from there will now belong to William. In addition, William is married to his mother, Princess Diana, and grandmother, Queen Elizabeth II. Elizabeth inherited a huge inheritance of millions of pounds.

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Prince Harry, Duke of Sussex and Princess Meghan, Duchess of Sussex

In 2020, Prince Harry and his wife Princess Meghan Markle left the royal family and moved to the United States. On top of that, Harry wrote a book about the royal family and caused a lot of controversy. Prince Harry attended 1,190 official events from 2006 to 2019. His wife Megan appeared at 179 official events in 2018 and 2019.

Prince Harry also had a stake in the Duchy of Cornwall, which his father held. Unfortunately, nothing is known about the income of either him or his wife. But just like William, Harry inherited a large inheritance from his mother and grandmother. Since Harry and Meghan have left the royal family, he no longer receives any official income from there.

He is also believed to have earned around $100 million thanks to Harry’s action-packed book Spare, which he wrote about the royal family, and the Netflix documentary Harry and Meghan.

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