King Charles III salary

Charles, Prince of Wales, is the eldest son of Queen Elizabeth II and Prince Philip, Duke of Edinburgh, and the presumptive heir to the British throne.

Since 1952, he has served as heir apparent, Duke of Cornwall, and Duke of Rothesay, making him the oldest and most tenured heir apparent in British history.

Having held the title since July 1958, he has served as Prince of Wales the longest. Charles also received the title of Duke of Edinburgh upon his father’s passing on April 9, 2021.

King Charles III salary

The total revenue and investment of King Charles III were £24, 221,000 King Charles receives a private income from the Duchy of Cornwall, an estate that consists primarily of agricultural, commercial, and residential property in the South West of England.

The Duchy also maintains a portfolio of financial investments. His Royal Highness decides to fund the cost of his, The Duchess of Cornwall’s, The Duke and Duchess of Cambridge’s, and The Duke and Duchess of Sussex’s public and charitable duties with the majority of his income from the Duchy.

The income of the Duchy of Cornwall is essentially unchanged from the previous year’s 1,994,000 in revenue from sovereign grant financing (The Sovereign Grant funding covers two specific areas of official costs incurred in support of The Queen as Head of State).

600,000 pounds will come from government departments (for King Charles and The Duchess of Cornwall, government departments pay for the provision of employees on secondment from the armed services and some costs of official overseas tours made at Her Majesty’s Governments’ request).