Yearly accounts for the Sovereign Grant have now been published, revealing that William has a net worth of £1.2billion via the Duchy of Cornwall, which he inherited after becoming heir to the throne four years ago.
He has also paid more than £20million in tax since becoming Prince of Wales.
The figures have showed for the first time that William is richer than his father, after receiving a private income of £21.6 million in 2025-26.
In contrast, Charles was listed in the Sunday Times Rich List as having a personal fortune of £640 million.
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This was an increase of £30 million from the previous year.
Prince William is said to have a net worth of £1.2billion, compared to King Charles’ £640million (Picture: Samir Hussein/WireImage)
Prince William recently attended Royal Ascot with Kate (Picture: Karwai Tang/WireImage)
The Sovereign Grant is the funding from the Treasury that is used by the royal household to pay for official duties.
In a bid to be more transparent with the way the royal family is funded, both King Charles and William have revealed their private tax payments.
Figures show William contributed £7.76million in income and capital gains tax in 2024-25 and £8.34million in 2023-24.
It comes after William decided he will no longer personally benefit from the controversial £1.5million annual rent generated by the abandoned Dartmoor Prison.
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