How does Prince George have a net worth?
While Prince George himself doesn’t have an active income, his wealth stems from his place in the line of succession. He is the heir apparent to the Duchy of Cornwall, a vast estate that generates significant revenue. The Duchy is a private estate owned by the heir apparent to the British throne, currently Prince William. This estate, spanning over 130,000 acres, includes farms, land, and properties, and it generates a substantial income through various ventures like farming, property rentals, and commercial activities.
The Duchy of Cornwall’s annual income is a significant sum, and Prince George will eventually receive this income upon becoming the Duke of Cornwall when his father, Prince William, ascends to the throne. This income is not considered part of the British government’s funding, and the Duchy is treated as a separate entity, generating its own revenue. It’s important to note that Prince George doesn’t have personal control over this money as it’s managed by the Duchy of Cornwall, and he’ll only truly control it when he becomes the Duke of Cornwall.
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