According to the Sovereign Grant and Duchy of Cornwall annual experiences, Prince William earned over $7 million up to now 12 months, whereas King Charles III needed to dip into the royal reserves to cowl bills associated to Queen Elizabeth II‘s Platinum Jubilee, her state funeral, and preparations for the king’s coronation.
The Royal Household‘s report indicated that roughly $136 million was spent between April 2022 and March 2023, a 5% enhance in comparison with the earlier 12 months.
The assertion launched on the royal household’s web site acknowledged that this 12 months’s report lined a big interval of transition, together with occasions just like the Platinum Jubilee and State Funeral of Queen Elizabeth II, the Accession of The King, and the preparation for Their Majesties’ Coronation.
The funds for these bills got here from the taxpayer-funded Sovereign Grant, which contributed almost $109 million, whereas reserve funds supplied roughly $26 million.
The Sovereign Grant is accountable for funding the monarch’s official duties and the upkeep of occupied royal households, together with ongoing renovations at Buckingham Palace.
Prince William, because the Duke of Cornwall, inherited the Duchy of Cornwall when Queen Elizabeth II handed away and his father ascended to the throne. He earned income from the duchy, amounting to greater than $7.5 million final 12 months, as reported by the Duchy of Cornwall’s annual report. Previously, Charles held the title of Duke of Cornwall.
The Duchy of Cornwall’s annual report talked about {that a} transition was going down on the property, with Prince Charles assuming accountability for the duchy’s important work and the safeguarding of its legacy.
The queen’s Platinum Jubilee, celebrated final 12 months, concerned extravagant occasions costing round $883,000 in line with the Sovereign Grant report. Her state funeral in September was the most costly royal occasion of the 12 months, with a price of roughly $2 million.
Preparations for King Charles‘ coronation in May have been included on this 12 months’s report, whereas the precise prices might be accounted for in subsequent 12 months’s report. Sir Michael Stevens, the Keeper of the Privy Purse, described the interval lined within the report as an distinctive time of transition for the Royal Household. He highlighted the nation’s coming collectively to have fun Queen Elizabeth II’s Platinum Jubilee, mourn her passing, and mark the Accession of The King, in addition to the months of preparation main as much as Their Majesties’ Coronation.
Source: www.anews.com.tr
