08/28/2012 05:12 pm ET

Prince Harry And Prince William's Salaries: How Much Do They Make?

Following Prince Harry’s naked romp, which some have suggested, would have cost British taxpayers $50,000 had the owner of the hotel not reportedly waived the bill, many are asking, what exactly do the members of the royal family get paid? It’s not as much as you might think.

Surprisingly, Prince William and his wife, Catherine, the duchess of Cambridge, and Prince Harry are not paid for the royal duties they perform, though they are reimbursed for any related expenses and they do live rent-free.

Prince Harry receives $60,000 a year as a captain of the British Army, according to Discovery Finance. And his brother, the future king, Prince William, receives $61,300 as a flight lieutenant helicopter pilot of Search and Rescue in the Royal Air Force. However, the vast majority of the boys' money comes from an inheritance their mother, Princess Diana, left them. Ever since they turned 21, both have had access to the $450,000-per-year investment profit off of the $10 million their mother left them. Once they turn 30, they can access the entire $10 million (William recently hit that milestone).

Interestingly, the cost of the 2011 royal wedding was paid for by both families and the only expense to taxpayers was the massive security surrounding the event.


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