King Charles reveals his personal tax bill. Spoiler alert: He’s very rich.

3 hours ago 2

Democracy Dies in Darkness

The first-ever tax disclosure by a British monarch was partly intended to contain the damage from revelations about the finances of the king’s disgraced brother, Andrew.

June 25, 2026 at 5:00 p.m. EDT44 minutes ago

Britain's King Charles III has no legal obligation to disclose his taxes but voluntarily released a report detailing how much he has paid since assuming the throne in 2022. (Andrew Boyers/Action Images/Reuters)

LONDON — King Charles III on Thursday became the first reigning British monarch to disclose his personal tax bill, breaking with a centuries-old tradition of royal financial privacy.

The gesture of transparency was part of an effort by Buckingham Palace to contain fallout from damaging revelations about the finances of the king’s disgraced and demoted brother, the former Prince Andrew, now simply Andrew Mountbatten-Windsor.