Prince William is officially a billionaire — and richer than his dad, King Charles III.
The Prince of Wales has a net worth of $1.6 billion thanks to his royal estate, Duchy of Cornwall, which he inherited when Charles became king in 2022.
The statistic was revealed in the Sovereign Grant’s newly-published yearly accounts, according to the Mirror.
William, per the accounts, received a private income of $28.5 million in 2025-2026.
The 44-year-old heir to the throne also reportedly paid over $26 million in taxes since becoming the Prince of Wales four years ago.
Charles, meanwhile, is still not at billionaire status.
The 77-year-old king has an estimated personal fortune of $846 million, according to the latest Sunday Times Rich List.
He was worth nearly $40 million less the year before, per the list.
The Duchy of Cornwall, which is William’s primary source of income, is a private estate that covers William, Kate Middleton and their three children for their official, charitable and private activities.
It was established in 1337 by King Edward III to provide funds for the heir to the throne for generations to come.
Physically, the estate covers roughly 205 square miles of land across the United Kingdom, which includes over 20 counties.
Last month, news broke that William plans to sell 20 percent of the Duchy of Cornwall over the next ten years to invest more than $670 million in housing and nature projects.
William’s goal, according to the Times, is to invest in local affordable housing and environmental projects in the five “heartlands”: Cornwall, Dartmoour, the Isles of Scilly, the Bath area and Kennington.
“There is so much good we can do,” William said in a statement. “I’m trying to make sure I’m prioritizing stuff that’s going to make people’s lives, living in those areas, better.”
Charles, for his part, controlled the Duchy of Cornwall for 53 years.
He took over the wealthy estate in 1969, when he turned 21, and handed over the reigns to William when he became king upon Queen Elizabeth II’s death in September 2022 at age 96.
Once Charles took the throne, he officially surpassed Elizabeth’s personal wealth, as he inherited her private fortune, such as Balmoral Castle and Sandringham Estate, that combined with his own worth.
At the time of her death, reports stated Elizabeth was worth between an estimated $489 million to $568 million.
