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International Business Times UK

Regyl Jaen

Prince William's Fortune Now Surpasses the King's: Vows To 'Make People's Lives Better'

Prince William King Charles III Duchy the Duchy of Cornwall Cornwall Instagram

Prince William plans to sell 20% of the Duchy of Cornwall to fund affordable housing and environmental projects in local communities. (Credit: Instagram/The Royal Family)

Prince William has reportedly joined the billionaire's club after inheriting one of the most valuable assets of the British royal family, making him wealthier than his father, King Charles.

The Prince of Wales is estimated to be worth $1.6B, according to newly published figures in the Sovereign Grant annual accounts. His wealth surged after inheriting the Duchy of Cornwall when his father ascended the throne in 2022 following Queen Elizabeth II's death.

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