At a Glance
- Prince William & Kate earned $30.9 million from the Duchy of Cornwall in the 2024-25 year.
- The Duchy, worth over $1 billion, covers the public, private and charitable expenses of the royal family.
- In Spring 2026 they will become Grantors of Royal Warrants, enabling them to endorse brands.
- Why it matters: It reveals the scale of royal income and the upcoming influence over product endorsements.
Prince William and Princess Catherine received $30.9 million (≈£22.9 million) from the Duchy of Cornwall to cover the public, private and charitable costs for themselves and their three children: Prince George, Princess Charlotte and Prince Louis.
Duchy of Cornwall Overview
The Duchy, established in 1337 by King Edward III, is a £1 billion+ estate that spans over 130,000 acres of land, farms and more across 23 counties in England.
| Year | Value | Acreage | Counties |
|---|---|---|---|
| 1337 | >$1 billion | >130,000 acres | 23 |
Royal Warrant Role
William and Catherine will assume the role of Grantors of Royal Warrants in Spring 2026, giving them the authority to award Royal Warrants to companies that have supplied products or services to the Royal Household for at least five of the last seven years. A Grantor can bestow a Royal Warrant of Appointment, which allows the holder to display the Royal Arms on products, packaging, advertising and more for a five-year period. Companies awarded a warrant are recognized as preferred suppliers to the royal family.
- A Grantor can bestow a Royal Warrant of Appointment.
- The warrant allows the holder to display the Royal Arms on products, packaging, advertising and more for a five-year period.
- Companies awarded a warrant are recognized as preferred suppliers to the royal family.
Richard Palmer said:
> “The Royal Warrant is ‘the gold standard of endorsements’ and … ‘Kate’s warrant will be especially sought after.'”
Recent Royal Moments
Kate Middleton gave a warm goodbye to King Charles following the funeral of Katharine, Duchess of Kent on Sept 16.
Key Takeaways
- William & Kate earned $30.9 million from the Duchy in 2024-25.
- The Duchy is a £1 billion+ estate founded in 1337.
- They will become Grantors of Royal Warrants in Spring 2026, enabling brand endorsements.
The report underscores the substantial financial resources available to the royal family and their growing role in endorsing products and services.
