Who pays for Meghan and Harry's royal baby?

Danielle Stacey
Royal Correspondent

Having children isn’t cheap, especially if you’re royalty, so who pays for the upbringing of Meghan and Harry’s baby?

While the Duke and Duchess of Sussex have an estimated combined worth of £33 million, Harry’s father Prince Charles funds his immediate family.

The Prince of Wales relies on the Duchy of Cornwall for the majority of his income. This is a private estate, that was set up in 1337 to provide an income to the heir to the throne.

The Duchy of Cornwall owns and operates a vast amount of land and properties across the country, bringing in an annual surplus in excess of £20 million ($26.5 million) that goes to Charles and his wife Camilla.

The Duke and Duchess of Sussex in Morocco [Photo: PA]

Charles pays income tax on the annual revenue, which is used for their public, charitable and private activities as well as that of the Duke and Duchess of Cambridge, and the Duke and Duchess of Sussex.

They also receive some money from the Queen’s Sovereign Grant and UK government departments to pay for their official trips, property expenses and security.

Charles and his immediate family use the Duchy of Cornwall to fund their public, charitable and private activities. [Photo: PA]

READ MORE: Will Meghan and Harry’s royal baby have dual citizenship?

Both William and Harry inherited wealth from their late mother Princess Diana. Harry received a reported £10 million when he turned 30. He also earned a salary for his ten years service in the army. 

Harry and Meghan are set to move to Frogmore Cottage in Windsor, ahead of the baby’s birth, expected in late April.

The Grade II listed house has been undergoing renovations in order to transform it from staff accommodation to a modern 10-bedroom family home. 

The refurbishment of the property is set to cost a reported £3million, covered by the Sovereign Grant (funded by the taxpayer) while the couple are paying for the furnishings and decor.