from King Charles to Prince Harry - The Royals can rejoice over millions
King Charles (75) can apparently look forward to a salary increase of 45 Million Pounds (54 Million Euro). British media reports suggest that his official budget will increase by more than 50%. This should come from a new balance sheet of the Royal Household.
Revenues from the "Crown Estate", the Crown's land and real estate holdings, amounting to 1.1 Billion Pounds (1.3 Mrd. Euro), according to "The Guardian", mean that the "Sovereign Grant", which finances the official duties of the royal family among other things, will rise from 86 Million Pounds (102 Mio. Euro) in the year 2024/25 to 132 Million Pounds (157 Mio. Euro) in the year 2025/26. A portion of the revenues from the "Crown Estate" flows into the "Sovereign Grant". Currently, however, not only the work of the Royals is financed from this, but also the long-term renovation of Buckingham Palace in London. The costs are reported to be 369 Million Pounds (439 Mio. Euro).
Prince William's Income
It also becomes clear from the report that Prince William (42) receives 23.6 Million Pounds (28 Mio. Euro) from the Duchy of Cornwall. As the heir, he has inherited the duchy and its land and real estate holdings from his father when he became King in 2022. The revenues from this cover the costs for the public duties and private life of the Prince of Wales, his wife Princess Catherine (42), and their three children.
Through the financial report, it was also learned that Frogmore Cottage, the house on the royal Windsor estate that was temporarily occupied by Prince Harry and Duchess Meghan, remains empty. Since the Duke and Duchess of Sussex emigrated to the USA, Princess Eugenie (34), the daughter of Prince Andrew (64), lived there with her family. Currently, there are no new tenants.
Prince Harry is also soon to be millions richer
Meanwhile, it is said that Prince Harry can soon look forward to a money shower. Although he no longer receives money directly from the Royal Household as a working member, according to a "Times" report, the Duke of Sussex will receive a large financial gift for his 40th birthday on September 15.
The mother of the late Queen Elizabeth II (1926-2022) is said to have deposited 70 Million Pounds (83 Mio. Euro) into a trust fund for her family and stipulated that Harry would receive his share when he turned 40. The amount for him is reportedly 7 Million Pounds (8.3 Mio. Euro), which is allegedly higher than Prince William's share, as he also receives additional income from the Duchy of Cornwall.
- Following the increase in the Royal Household's budget, King Charles, from King Charles to Prince Harry, can expect a substantial salary boost of 45 Million Pounds.
- Prince William, Prince William's Income, currently receives 23.6 Million Pounds from the Duchy of Cornwall, a duchy he inherited from his father.
- Duke and Duchess of Sussex's former residence, Frogmore Cottage, located on the royal Windsor estate, has been vacant since Prince Harry and Duchess Meghan emigrated to the USA.
- Prince Harry, Prince Harry is also soon to be millions richer, is set to receive a financial gift of 7 Million Pounds for his 40th birthday, according to a "Times" report.
