Prince William officially joins billionaire club as his fortune surpasses King Charles’
Prince William becomes billionaire, richer than dad King Charles
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Skip to main content Royal FamilyPrince William officially joins billionaire club as his fortune surpasses King Charles’
By Eric Todisco Published June 26, 2026, 12:13 p.m. ETSee more of our coverage in your search results.
Add Page Six on GooglePrince William is officially a billionaire — and richer than his dad, King Charles III.
The Prince of Wales has a net worth of $1.6 billion thanks to his royal estate, Duchy of Cornwall, which he inherited when Charles became king in 2022.
The statistic was revealed in the Sovereign Grant’s newly-published yearly accounts, according to the Mirror.
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William, per the accounts, received a private income of $28.5 million in 2025-2026.
The 44-year-old heir to the throne also reportedly paid over $26 million in taxes since becoming the Prince of Wales four years ago.
Charles, meanwhile, is still not at billionaire status.
The 77-year-old king has an estimated personal fortune of $846 million, according to the latest Sunday Times Rich List.
He was worth nearly $40 million less the year before, per the list.
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Page Six has reached out to Buckingham Palace for comment.
The Duchy of Cornwall, which is William’s primary source of income, is a private estate that covers William, Kate Middleton and their three children for their official, charitable and private activities.
It was established in 1337 by King Edward III to provide funds for the heir to the throne for generations to come.
Physically, the estate covers roughly 205 square miles of land across the United Kingdom, which includes over 20 counties.
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Last month, news broke that William plans to sell 20 percent of the Duchy of Cornwall over the next ten years to invest more than $670 million in housing and nature projects.
William’s goal, according to the Times, is to invest in local affordable housing and environmental projects in the five “heartlands”: Cornwall, Dartmoour, the Isles of Scilly, the Bath area and Kennington.
“There is so much good we can do,” William said in a statement. “I’m trying to make sure I’m prioritizing stuff that’s going to make people’s lives, living in those areas, better.”
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Charles, for his part, controlled the Duchy of Cornwall for 53 years.
He took over the wealthy estate in 1969, when he turned 21, and handed over the reigns to William when he became king upon Queen Elizabeth II’s death in September 2022 at age 96.
Once Charles took the throne, he officially surpassed Elizabeth’s personal wealth, as he inherited her private fortune, such as Balmoral Castle and Sandringham Estate, that combined with his own worth.
At the time of her death, reports stated Elizabeth was worth between an estimated $489 million to $568 million.
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Badenoch blasts 'moaning' female Labour MPs over Burnham jobs 'quota'

Kemi Badenoch has told Labour women to earn a job in Andy Burnham's Cabinet instead of demanding they are handed jobs because of their gender.
The Tory leader lashed out today amid reports that female MPs are demanding the de-facto new prime minister introduce a 50:50 gender split 'quota' in his government.
Amid reports that former foreign secretary David Miliband is being lined up to return to the role, possibly with his brother Ed as Chancellor, one female minister also complained that Burnham could not have 'more Milibands than women' in the top posts.
But in a scathing article in the Times today Mrs Badenoch told them to 'stop moaning' and get chosen on merit instead of retreating into 'more of the failed identity politics that is holding back our country'.
'There are many, many reasons why you shouldn't have any Milibands in the cabinet,' she said.
'But complaining that the boys haven't given them the right jobs or that the boys are taking all the jobs, just shows that Labour's women still don't get it.'
The idea of quotas was also attacked by Baroness Jacqui Smith, Labour's Skills Minister.
Asked by Times Radio if Mr Burnham should reserve jobs for women, she said: 'No, I think what Andy Burnham should be doing is building the very best team around him to change this country.'
A letter written by the Women's Parliamentary Labour Party has called on Mr Burnham to ensure a 50:50 split between men and women in government jobs
Amid reports that former foreign secretary David Miliband (above, right, in 2010) is being lined up to return to the role, possibly with his brother Ed as Chancellor, one female minister complained that Burnham could not have 'more Milibands than women' in the top posts
But Mrs Badenoch told them to pipe down and get chosen on merit instead of retreating into 'more of the failed identity politics that is holding back our country'
A letter written by the Women's Parliamentary Labour Party and seen by the BBC has called on Mr Burnham to ensure a 50:50 split between men and women in government jobs after he succeeds Sir Keir Starmer.
'We are asking you to demonstrate this change from day one and address the toxicity and misogyny within our own party and government,' it said.
Labour has never had a female leader, while the Conservatives have had three, and Mrs Badenoch urged the government to follow its meritocratic example.
'If you run a meritocracy, then you do not have to worry about jobs for the boys,' she wrote.
'Every woman who is a Conservative MP, every woman who has ever won the leadership, has had to fight to get where she is.
'By contrast, Labour women are demanding guarantees from Burnham. But the truth is he doesn't have to give any guarantees.
'If none of Labour's women are prepared to get their hands dirty and challenge him for the leadership, their demands are toothless.'
'In fact, it's quite revealing that the women's parliamentary Labour Party has written to Burnham asking him to commit himself to at least 50 per cent female ministers.
'This has nothing to do with meritocracy. It is yet more of the failed identity politics that is holding back our country.'
