|Net Worth||$40 million|
|Date of Birth||21 June 1982|
|Profession||Royal Knight of the Garter|
Prince William Net Worth, How did the Duke of Cambridge amass his wealth? Check this article to find out more about Prince William Net Worth and his career.
Prince William Early Life
Prince William, who is also known as the Duke of Cambridge, is a member of the British royal family. He is also the third oldest grandchild of Queen Elizabeth II and Prince Philip, Duke of Edinburgh.
However, in the line of succession, William is the second behind his father, to the thrones of sixteen independent sovereign states known as the Commonwealth realms: Australia, the United Kingdom, Canada, Jamaica, Barbados, New Zealand, the Bahamas, Grenada, Papua New Guinea, the Solomon Islands, Tuvalu, Saint Lucia, Saint Vincent and the Grenadines, Belize, Antigua and Barbuda, and Saint Kitts and Nevis.
He married his longtime girlfriend, Kate Middleton, now known as the Duchess of Cambridge, on April 29, 2011 at Westminster Abbey. Just hours before his wedding, Prince William was given the title Duke of Cambridge, Earl of Strathearn and Baron Carrickfergus
Prince William Career
William Arthur Philip Louis was born on the 21st June in 1982 at St Mary’s Hospital, London, and on 4 August 1982 he was baptized in the Music Room of Buckingham Palace it was also (the 82nd birthday of his paternal great-grandmother, Queen Elizabeth the Queen Mother) by the Archbishop of Canterbury, Robert Runcie at that time.
William was educated at independent schools at first and eventually he followed in the footsteps of the Spencer family by attending Eton College just like Diana’s father and brother. William attending Eton went against the Royal family’s tradition of the educating of their offspring at Gordonstoun.
He was educated at four schools in the United Kingdom and obtained a degree from the University of St Andrews. William has traveled the world and spent time in Chile, Belize, and countries in Africa, most notably Kenya where he has lived and holidayed several times.
He was a lieutenant in the Blues and Royals regiment of the Household Cavalry serving with his brother Prince Harry. In just two short years he earned his wings by completing pilot training at Royal Air Force College Cranwell.
William was later transferred to the Royal Air Force, where he was promoted to flight lieutenant and underwent helicopter flying training in order to become a full time pilot with the Search and Rescue Force.
He completed his general and special-to-type helicopter training in Autumn 2010. William then spent time on the No. 22 Squadron at RAF Valley performing co-pilot duties on board a Sea King search and rescue helicopter.
As regards the British royal law, the eldest child of the reigning monarch inherits possession of the Duchy of Cornwall. This title is essentially a large real estate portfolio that allows the Prince to have a substantial income.
The U.K. government considers the trust a “crown body” which therefore means its income can not be taxed. The tax-exempt status has been challenged several times and as a result, Prince Charles has voluntarily paid taxes on the income since 1993.
Charles voluntarily paid a 50% tax rate on the income for about a decade. He started paying 25% when he got married in 1991. From 1993 to the present he has paid the standard UK income tax rate each year.
Prince William Net Worth
As of today, Prince William Net Worth is $40 Million. Prince William Net Worth is earned from his career as the oldest son of Charles, Prince of Wales, and the late Diana, Princess of Wales.
When Charles and Diana divorced, he paid her a $24 million settlement. That’s the same as around $40 million today after adjusting for inflation. After Diana’s death, the money was put in trust for William and Harry to inherit on their respective 30th birthdays. By the time they both were 30, the trust had appreciated to the point that each son ended up inheriting $40 million.
The duchy owns 133,000 acres of land in the UK over 23 counties. The land is used for farming, residential housing and commercial real estate. As of 2019, the estimated value of the land is $1.1 billion.
In a typical year the trust produces a little over $20 million in income. In some years the income has topped $30 million.
William Arthur Philip Louis also known as the Duke of Cambridge, is a member of the British royal family.
He was a lieutenant in the Blues and Royals regiment of the Household Cavalry serving with his brother Prince Harry.
As of 2020, Prince Harry’s net worth is $40 Million.
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