Ever wondered how much do the royals make? Well, the royal family do not get paid for their official work, as that’s a service to the state. However, they do get a sizeable yearly allowance to cover their costs.
Cosmopolitan reported that on average, Prince William, Prince Harry and Kate get an allowance of just over £3 million every year. All together, not each, but still!
In 2016, the Palace’s Annual Review revealed that £3.249 million was spent on funding the official activities of the Duke and Duchess of Cambridge and Prince Harry.
Most of this money actually comes from Prince Charles. He funds his sons and Kate and the family through the money earned from his enormous estate. So, those millions are paid for from Prince Charles’ private income from The Duchy of Cornwall.
Where does the money go?
The allowance covers the cost of the royal’s official travel and wardrobe, royal staff, and any of the costs associated with their working days or trips. So everything from Kate’s gorgeous tour wardrobe for the Royal Visit Canada, to Prince Harry’s travel to and from the Caribbean for his official visit in 2016.
However, that handsome sum doesn’t cover the running costs of the Duke and Duchess of Cambridge’s country estate, Anmer Hall.
Plus, they foot the bill for their personal travel and their personal staff. This is likely to include the nanny who looks after Prince George and Princess Charlotte, as well as the personal assistant and stylist credited with overhauling Kate’s wardrobe and helping Prince William with the big changes he made before the royal visit to Canada! [READ MORE HERE]
We’d definitely like to have an allowance that sizeable to spend each year. Even if it was on a work wardrobe! What do you think? Let us know on our Facebook page or in the comments below!