Prince William and Prince Harry receive a substantial allowance from Prince Charles to help cover the costs of official royal activities.
On Tuesday, Clarence House released the Annual Review of Charles and wife Duchess Camilla’s expenditures throughout the past year.
Per the report, £2.965 million (the equivalent of about $4.667 million) in funds are allocated toward funding the “official activities” of William, Kate and Harry.
The palace didn’t provide a breakdown of exactly how these funds are spent (i.e. how much goes towards paying staff, travel costs, wardrobe, etc.)
Most all of this royal funding comes from the Duchy of Cornwall, Charles’ estate which received £19.845 million (approximately $31.239 million) during the year.
Per Clarence House’s report, this is where the future king’s private income comes from, and it covers the majority of costs for Charles, Camilla, William, Kate and Harry’s public and charitable work.
Just £1.736 million (approximately $2.73 million) of funding comes from the Sovereign Grant, which covers property services and travel, and just £498,000 (about $784,486) is drawn from government departments (including taxpayers).