Do Prince William, Kate Middleton Pay Rent? Expert Says It Doesn’t Matter
There has been so much talk surrounding the rent of the members of the royal family, particularly Prince William and Kate Middleton.
Royal fans have always been curious as to how the Duke and Duchess of Cambridge pay for the property that they are living in, as well as their bills. And now, a royal expert finally explained how things work among the royals.
While speaking with Express, Eliot Wilson said that funds or revenues of the royal family come from three different streams: the sovereign grant, the Crown Estate, and the Duchy of Cornwall.
The government pays the royal coffers in the form of the sovereign grant, while the Crown Estate goes to Queen Elizabeth II, and the Duchy of Cornwall goes to Prince Charles.
But even though three different funds come in regularly, the royal family looks at all three as one and the same.
Wilson also said that there are three revenue streams for the same project: Project Royal Family and the Operation Tay Bridge. The former will be employed following the Queen’s death. The latter was employed after the Queen Mother’s demise.
“So there’s an element to which it doesn’t matter whether William and Catherine’s accommodation is paid for by Daddy or Granny, as it is all, in the end, coming from one pot (though there is a sense in which Duchy of Cornwall income is more personal and can be spent on whatever the Prince of Wales likes, such as the Duchy Originals brand or the model village at Poundbury, or Dumfries House which he has recently acquired for the Prince’s Trust),” he said.
The royal expert also said that matters of rent do not really concern the royals and even the public. Rather, it’s a matter that is only dealt with by accountants and auditors.
Prince William and Middleton currently reside at Kensington Palace’s Apartment 1A. However, they are not the only royals living there. Princess Eugenie, Jack Brooksbank, the Duke and Duchess of Kent, the Duke and Duchess of Gloucester, and more also live there.
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