The head of the Duchy of Cornwall is a cushy gig if you can get it.
It’s been nearly two years since Prince William became the head of the Duchy of Cornwall, the estate that traditionally goes to the heir to the British throne, and on Wednesday, the Duchy announced that William made about 30 million dollars in income. In their Integrated Annual Report, they reported a distributable surplus of 23.6 million British pounds for the 2023–2024 financial year.
In February 2024, the Duchy announced plans to build a 24-unit housing complex in the Newquay town of Nansledan and in the annual report, said it has authorized expenses of up to 2.1 million British pounds on the project. Before King Charles III ascended to the throne, he was the head of the Duchy of Cornwall, and under his supervision, the estate became an economic powerhouse with investments worth approximately one billion dollars.
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