Prince William’s eye-popping annual salary revealed in royal report
Global News
The Duchy of Cornwall has revealed Prince William's salary for 2023, which covers the 'official, charitable and private activities' of his family.
After his first full year as the Duke of Cornwall, Prince William earned over $42 million in 2023, according to a newly released royal report.
On Wednesday, the Integrated Annual Report from the Duchy of Cornwall revealed the distributable surplus from the estate, which is paid to the duke, totalled £23.6 million (C$42 million).
The amount is calculated before a voluntarily income tax, which the Duchy says Prince William has always opted to pay. Household expenses are also subtracted from the salary, though the amount is unclear.
The $42 million sum covers the “official, charitable and private activities” of Prince William, the Princess of Wales, Kate Middleton, and their three children, Prince George, Princess Charlotte and Prince Louis.
Prince William, 42, took over as the Duke of Cornwall after his father King Charles III ascended to the throne in 2022. The position is always given to the monarch’s eldest surviving son and heir to the throne — or in the case where there is no heir, the Duchy reverts back to the monarch.
The Duchy of Cornwall is a private estate consisting of around 52,450 hectares of land across 20 counties, mostly in the Southwest of England. The estate is managed by Prince William and His Majesty’s Treasury and has functioned since 1337 to provide funds for the heir to the throne.
Prince William is working to grow the estate’s income while maintaining its value, according to the report. The royal also hopes to lower the estate’s environmental footprint and make it net zero by the year 2032, as well as “to address the homelessness challenge in Cornwall” through associated charities.
The report maintains the Duchy is “pleased” to have garnered the $42 million distributable surplus while spending a “record amount” on property repairs and maintenance, and investments in staffing and sustainability efforts.
The two-page bill would authorize Trump to 'take such steps as may be necessary' to annex Greenland and fast-track making the territory the 51st state.
On Monday, Indonesia and Malaysia became the first countries in the world to block Grok AI, citing concerns over non-consensual deepfakes.
Court documents showed the broadcaster would argue that the court in Florida lacked personal jurisdiction in the case because it did not broadcast the spliced speech in the state.
Economic pressure, which has intensified since September when the United Nations reimposed sanctions, has sent Iran's rial currency into a free fall.
The report was released to Global News under the Access to Information Act
A judge with the Alberta Court of Kings Bench has ruled PetroChina's attempts to take full ownership the Grand Rapids Pipeline lacks the necessary federal government approval.
'As part of the Danish Commonwealth, Greenland is a member of NATO and the defence of Greenland must therefore be through NATO,' the government statement said.
Foreign Affairs Minister Anita Anand in a joint statement with Australia and the European Union praised the bravery of peaceful protesters and attacked Iran's use of lethal force.
The head of the U.S. Federal Reserve disclosed a legal indictment from the DOJ, and said it was a "pretext" to gain political influence over the Fed to lower interest rates faster.
The U-Haul truck, with its side mirrors shattered, was stopped several blocks away and surrounded by police cars.
The U.S. has launched another round of retaliatory strikes against the Islamic State in Syria following an ambush that killed two U.S. soldiers and an American interpreter.
As protests in Iran near the two-week mark, Canada condemns the crackdown. Mark Carney calls reports of violence and arrests “profoundly concerning” and urges for peaceful protest.
"I would like to make a deal the easy way, but if we don't do it the easy way we're going to do it the hard way," he added, appearing to allude to potential military action.