Salary Charles III

Income /sovereign grant overview:

The Times May 2024: increase of wealth of £10m compared to 2023
Royal.uk June 2022 The total Sovereign Grant for 2021-22, including the dedicated amount for Reservicing, amounted to £86.3m (2020-21: £85.9m)
The Sovereign Grant is a taxpayer fund paid annually to the British royal family. The grant originated from an agreement made by King George III, who agreed to surrender his income from the Parliament to receive a set annual payment for himself and other royal family members. The agreement was originally known as the Civil List before it was reworked as the Sovereign Grant in 2012. In total, the grant amount was set around 86 million pounds in 2021 an 2022.
Her Majesty also earned a yearly income from a collection of land, property and assets called the Duchy of Lancaster, a private portfolio held in trust for the reigning sovereign. In 2020, the Queen’s annual income from the Duchy of Lancaster was an estimated £23 million

Royal.uk Dec 2021: The total Sovereign Grant for 2020-21, including the dedicated amount for Reservicing, amounted to £85.9m

princeofwales.gov.uk: 2021 Total income and funding £20,839,000
Income from Duchy of Cornwall: £ 20,415,000
Income from Sovereign Grant: £ 424,000

Princeofwales.gov.uk annual income review 2019: Total income and funding £24.221.000
Income from Duchy of Cornwall: £ 21.627.000 (The Prince of Wales’s private income comes from the Duchy of Cornwall, an estate comprising agricultural, commercial and residential property mostly in the South West of England. The Duchy also has a financial investment portfolio. His Royal Highness chooses to use the majority of his income from the Duchy to meet 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 work. The Duchy of Cornwall’s income is broadly level when compared to last year).
Income from Sovereign Grant Funding: £ 1.994.000 (The Sovereign Grant funding covers two specific areas of official costs incurred in support of The Queen as Head of State).
From Government Departments £ 600.000 (For The Prince of Wales and The Duchess of Cornwall, Government Departments meet expenditure in respect of the provision of staff on secondment from the Armed Services and some costs of official overseas visits undertaken at the request of Her Majesty’s Governments).

Sources

• Picture: White House, Wikipedia — Public Domain
• Text: The Times
• Text: The Times
• Text: Standard
• Text: Royal.uk
• Text: The Guardian
• Text: princeofwales.gov.uk
• Text: Businessinsider
• Text: Wikipedia
• Text: Times
• Text: BBC
• Text: Mailonline

For the picture, the full credits and the applicable licence are accessible via the source link. The only change made to the picture is the cropping of the picture, to highlight the person shown.

Update: 2024-6