If you thought that the only wealth that Prince William possesses are royal palaces, crowns and carriages, let us tell you that you are wrong.
The annual financial report published by the royal family has revealed that William has earned millions in the last year.
Prince William is also the Duke of Cornwall and the income he earns from this status is staggering.
According to the c's Integrated Annual Report (cited by People), for the second year that he has benefited from this fund, the prince's income has reached $30 million.
Explanation: A duchy is a title or a royal administrative territory usually granted to an heir to the throne or a member of the royal family, and is often accompanied by private wealth and income.
This amount covers all his expenses, both official and private. He pays taxes, but only after deducting family expenses.
This duchy was created in 1337 by King Edward III to guarantee financial independence to the heir to the throne, and apparently, this "independence" is considerable.
For those who are still unclear about what the Duchy of Cornwall is, it is a gigantic property portfolio that includes around 52,449 hectares of land. Farms, forests, rivers, seashores, quarries, residential and commercial properties worth 345 million pounds.
In short, a real empire, the keys to which are held by Prince William.
Once he becomes king, all the properties pass to the next heir, Prince George.
