The ‘poorest’ and richest members of The Firm revealed
RadarOnline.com has audited the royal family – and can reveal that King Charles is firmly at the top of the royal wealth ladder, with an estimated net worth of up to $2.4 billion, while his shamed brother Andrew Windsor now falls much lower in the financial pecking order after being stripped of his royal titles.
The Firm’s shrouded finances consist of a mix of private estates, inherited dukedoms and taxpayer-backed support through the Sovereign Grant – an annual payment used to fund the monarch’s official duties and maintain occupied palaces.
Buckingham Palace, for example, is undergoing a decade-long renovation costing approximately $463 million. The state grant is expected to increase by about $60 million in 2026-’27.
Although the royal family does not personally own crown properties like Buckingham Palace, individual members benefit from private portfolios of land, art, jewelry and investments, putting many of them in the multi-million dollar category.
As monarch, Charles controls the Duchy of Lancaster, which generated about $32 million in revenue for him in 2025.
The estate’s official website states that the Duchy is “used mainly to cover costs incurred by other members of the Royal Family (except Charles)”.
A royal finance source said: ‘The income stream from the Duchy of Lancaster elevates the king into a completely separate financial category from the rest of the family. It is not just a personal income in the conventional sense – it provides the financial backbone for its constitutional role and helps stabilize the wider functioning of the monarchy as an institution.
‘When you count the Duchy’s annual surplus alongside inherited investments, properties and other private assets built up over decades, the scale of its resources becomes undeniable. In purely financial terms, no other member of The Firm operates at that level, which is why Charles so clearly occupies the top spot in any assessment of royal wealth.”
Prince William, 43, inherited the Duchy of Cornwall when his father ascended the throne in 2022 and became Prince of Wales.
In 2025, the Duchy reported a surplus of approximately $30.9 million.
A palace insider said: ‘William’s financial position changed immediately the moment he became heir to the throne. With the Duchy of Cornwall came a substantial and established revenue stream, transforming its resources almost overnight from those of a high royal to those of a future monarch.”
The dukedom will eventually pass to William’s eldest son, Prince George, 12, when he becomes first in line to the throne.
Prince Edward, Duke of Kent, a cousin of the late Queen Elizabeth II, is also high on the royal family’s rich list as he is estimated to have received a total of around $24 million in official payments.
Anne, Princess Royal, received about $22 million over 51 years of public service – an average of about $430,000 a year to cover staff and travel on official assignments.
Between 2002 and 2022, Anne carried out 11,088 engagements, more than any other royal.
Prince Edward, Duke of Edinburgh, Charles and Anne’s youngest sibling, has received an estimated $8.7 million since 1982 to support his work as a working royal – about $217,500 a year for official expenses.
A royal source said: ‘Andrew’s financial landscape changed significantly when payments to the Sovereign Grant were withdrawn. The loss of that steady stream of official financing significantly reduced his formal income and changed his position within the family’s financial hierarchy.
‘If you compare his current situation with that of the King and Prince of Wales, who benefit from significant income from the Duchy, the contrast is stark. In relative terms he is now much closer to the bottom of the scale than anywhere near the top of royal wealth.”
