The British royal family, which Queen Elizabeth II headed up until the day she passed away on September 8, 2022, has long maintained a place of curiosity for people worldwide. Now that King Charles III has been crowned, all eyes are on him and his wife, the Queen Consort. Since this is the first time in over seventy years that the throne has changed hands, let’s take a closer look at What is the net worth of the royal family?
Princess Beatrice: $1 Million
Princess Beatrice has been employed in the corporate world full-time and devotes a significant portion of her time and energy to various charitable organizations. Among the organizations she has supported as a patron are the English National Ballet School, the Forget Me Not Children’s Hospice, the Berkshire Community Foundation and the Broomwood African Education Foundation.
Beatrice, the eldest daughter of Prince Andrew, the Duke of York, and Sarah Ferguson, became a mother for the first time on September 18, 2021, when she gave birth to a girl named Sienna Elizabeth. Her spouse at the time was Edoardo Mapelli Mozzi.
Princess Eugenie: $1 Million
On October 12, 2018, Princess Eugenie and Jack Brooksbank exchanged vows in front of family and friends at St. George’s Chapel in Windsor Castle. In February, she gave birth to the couple’s first child, a son named August Philip Hawke Brooksbank. The Daily Mail claimed in August that Brooksbank had accepted a position with his father’s company, Pangaea Land And Property Limited, even though he had previously served as an ambassador for Casamigos tequila.
It is speculated that her estimated wealth of $10 million is held in trust funds established by her grandmother, Queen Elizabeth II and her great-grandmother, the Queen Mother, in addition to a trust established by her divorced parents. These trust funds are rumored to be held in the United Kingdom. In addition, Eugenie brings in her own money. She has a background in English literature and art history, and she has had a position as an associate director at an art gallery in London.
Queen Consort, Camilla Parker Bowles: $5 Million
Camilla Parker Bowles is more formally known as Camilla, Queen Consort. She has been married to Prince Charles since April 2005 and there is supposedly no prenuptial agreement between the couple. It is said that Parker Bowles is a sweet and modest girl who always keeps her own money on her person.
Most of her time is devoted to volunteer work for charitable organizations that support various causes, including health and well-being, literacy promotion, assisting those less fortunate, charities based in Cornwall, heritage and the arts, animal welfare, sexual assault and cancer. She also spends significant time raising awareness and funds for cancer research.
Kate Middleton: $10 Million
Due to the success of their business, Party Pieces, Kate Middleton’s family has amassed a fortune estimated to be worth $50 million. While this sum is significant, it represents only a tiny portion of the wealth of the British royal family. She is currently the mother to Prince George, Princess Charlotte and Prince Louis. It is uncertain how much — if any — of her net worth comes from the Middleton family. Still, her down-to-earth demeanor and excellent fashion sense have helped her become a recognized international superstar.
Prince Philip: $30 Million (at Time of Death)
Philip Mountbatten wed Princess Elizabeth in November 1947, five years before she was coronated as Queen Elizabeth II. As a result of the long-established laws and restrictions created by the monarchy, he was never given the title of king, yet royalty ran in his veins. His paternal grandfather was Prince Andrew of Greece and his maternal grandfather was Princess Alice of Battenburg. He was born Prince Philip of Greece and Denmark. In 1947, when he relinquished his royal titles and became a British subject, he gave up his previous names and took the surname Mountbatten.
Prince Philip was a member of the British Royal Navy from 1939 until 1953. His wife’s family is his wife’s fourth cousin. Also a skilled aviator, he was awarded his Royal Airforce Wings in 1953 and racked up more than 5,900 flight hours throughout his career as a pilot in the Royal Airforce. He died in April 2019 at age 99.
Prince Harry & Meghan Markle: $60 Million
After serving for ten years, Prince Harry, relieved of his official royal responsibilities, left his career in the British Army in 2015. Before his discharge from the military, he held the rank of captain in the Army Air Corps and was paid approximately $45,000 per year in that capacity.
After celebrating his 30th birthday in September 2014, he was presented with an inheritance valued at around $12.3 million from his late mother’s estate, Princess Diana. This led to a considerable boost in his royal net worth. The lucrative deals that Prince Harry and Meghan Markle have signed for their Archewell Productions and Archewell Audio labels with Netflix and Spotify, respectively, have contributed to the growth of Prince Harry’s wealth, which is now estimated to be around $60 million. Prince Harry currently resides in a mansion that costs $14.7 million and is located in Montecito, California.
When Meghan Markle married Prince Harry in May of 2018, she officially became a royal family member. The former actress from “Suits” entered her marriage with an estimated net worth of $5 million, which she had maintained throughout her career.
Prince William: $100 Million
William, the Prince of Wales, is the eldest son of King Charles III and the late Princess Diana. The future king received a roughly $12.3 million endowment from Diana’s estate on his 30th birthday in 2012. When William’s grandmother passed away, he inherited Charles’ real estate portfolio worth an estimated $1 billion. The Duchy of Cornwall has a personal income of $20 million to $30 million a year.
King Edward III 1337 established the Duchy of Cornwall, which spans over 130,000 acres. You can find places suitable for farming, places to live and do business and natural settings like rivers and seashore. The Duchy is committed to managing the estate “in a way that is sustainable, financially viable, and of substantial benefit to the local community,” as stated on the official website.
Although from a wealthy background, Prince William worked as a helicopter pilot for East Anglian Air Ambulance. Since becoming a full-time royal, the prince has given away his whole $62,000 annual income to charity. In addition to being Duke and Duchess of Cambridge, he and his wife, Kate Middleton, are the proud parents of three children, including Prince George, 8. He is third in line to the throne after his grandfather and father.
King Charles III: $600 Million
After his mother’s death, newly crowned King Charles III inherited nearly $28 billion in assets, including the Crown Estate, Buckingham Palace, the Duchy of Lancaster, the Duchy of Cornwall, Kensington Palace and the Crown Estate Scotland, for a total estimated net worth of $600 million. The Duchy of Cornwall, which used to provide Charles with $20-$30 million annually, has now been transferred to William.
Queen Elizabeth II: $600 Million (at Time of Death)
Forbes said that Queen Elizabeth II amassed her fortune through selling jewelry, artwork and her private homes, Sandringham House and Balmoral Castle. Buckingham Palace, the Duchy of Lancaster, the Duchy of Cornwall, Kensington Palace and the Crown Estate in Scotland were all under her control as monarch, with almost $28 billion in total assets.
She does not own these assets, but the royal family does get a cut of the Crown Estate’s profits (25 percent annually, according to Forbes). Everything else is donated to the British government. The fiscal year ending March 31, 2020, is one such instance. More significant than $475 million in revenue was collected by the Crown Estate. According to Forbes, the royal family spent over $120 million on official expenses like travel, salaries, security, etc.