King Charles earns $25 million a year, Prince William takes home $30.4 million; here's how much British Royals make

The British Royals are often in the news for some controversy. Though they dedicate their lives to public service, they do earn money from various dedicated sources.







 According to the BBC, the monarch’s main source of income arrives from a taxpayer-funded settlement known as the Sovereign Grant, which is paid annually. 



 The Sovereign Grant for 2022-23 was worth 86.3 million English pounds, the same amount as was granted in 2021-2022. The Sovereign Grant is divided not only into allowances to the royals but also on property upkeep and staff costs.



 According to a report by US Weekly Magazine citing the National Audit Office, the royal family conducts over 2,500 events per year, estimated to cost a total of 369 million British pounds, and all the expenses are done with the Sovereign Grant.



 Apart from personal expenses, King Charles III also received an allowance called a Privy Purse, which comes from the Duchy of Lancaster. Passed down from monarch to monarch, the Duchy of Lancaster holds properties worth an estimated 654 million pounds and generate about 20 million pounds, reported the BBC...Read more 

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