Prince William has just come under fire for his involvement with charities despite pocketing a huge amount every day from his Duchy of Cornwall estate.
Royal commentator Daniela Elser has shared some insight into all of this.
She weighed in on everything during one of her most recent articles for News.com.au.
In that article, she said: “A figure that was also circulating this week was £1,000,000, or $1.9 million” and “that is the amount William helped raise earlier this month by playing in a charity polo match, which was then split between 11 charities.”
Assuming each charity received equal amounts, Ms. Elser rounded the figure to $172,727 per charity.
“Or to put it another way, that’s less than what William and Kate earn in less than a day and a half,” or $126,301 a day.
In light of this, Ms Elser went on to share some rather candid thoughts, stating: “The point is that the Prince and Princess of Wales have spent the last few years very busy re-adjusting the way they work – more getting their hands dirty on some of the biggest challenges facing the world like the climate crisis and mental health, and less opening up Sheffield Scout halls – to make the monarchy look like a useful and capable body.”
“Charles and Queen Camilla also fall under this banner, all of them busy striving to make Crown Inc appear relevant and a net benefit to British society.”
“But it becomes much harder to sustain that particular argument when we remember how lavishly the House of Windsor is rewarded for working to ensure its own survival,” he admitted.
In short, it is now clear that “this latest accounting by the Duchy only highlights the much larger problem of opacity surrounding royal finances in general.”
And one of those problems is the “tailored tax arrangements enjoyed by the Duchy of Cornwall” and, by extension, Prince William.
However, “the King is not an impeccable model in this case either.”
