At only 11 years old, Prince George already boasts a jaw-dropping net worth of approximately £2.9 billion ($3.6 billion). This remarkable fortune is largely due to the vast land empire he inherited at birth.
Celebrating his 11th birthday on July 22nd, Prince George, who stands second in line to the throne after his father, Prince William, has a wealth portfolio that continues to amaze royal watchers.
One of the significant contributors to his wealth is the 133,000 acres of land spanning 23 UK counties, valued at £0.83 billion ($1 billion) in 2019. But that’s just the beginning. In the future, George is set to inherit the Duchy of Cornwall from his father.
This impressive land and property portfolio, worth over £1 billion, generates an annual income of £21 million. This income not only supports the Prince of Wales and his family but also funds various philanthropic efforts that collectively raise over £100 million annually.
A fortune that is meant to grow
According to the Royal Family’s official website, the Duchy of Cornwall’s income is utilized by The Prince of Wales to “support himself, his children and their families” and his “philanthropic work.” The Prince “voluntarily pays income tax on all revenue” from the estate, underscoring a commitment to financial transparency and charitable giving.
As heir, Prince George will eventually benefit from the Duchy of Lancaster and the Government’s Sovereign Grant. His influence on consumer behavior, known as the “royal effect,” has further boosted his fortunes. Items linked to him, such as a £9 T-shirt he wore at age three, often sell out swiftly after public appearances.
His sister is even richer
While Prince George’s net worth is immense, his sister Princess Charlotte surpasses him with an estimated net worth of £3.92 billion ($5 billion), thanks to her significant influence on fashion and consumer trends.
Their younger brother, Prince Louis, is also a mini-mogul, with a net worth estimated between £55 million ($70 million) and £98 million ($125 million).
Prince George’s future titles include Duke of Cornwall, Earl of Chester, Duke of Rothesay, and more, positioning him for a life of significant wealth and responsibility in the British royal family.
With such a formidable fortune and array of titles awaiting him, Prince George’s future in the royal family is set to be as prosperous as it is influential.
