The eldest son of Wales may still be eight years away from becoming an adult, but fans are already wondering how much Prince George’s net worth is.
Prince George will have a big role to play in the future as he is second in line to the throne after his father, Prince William, Prince of Wales.
He may seem like a regular 10-year-old boy who is into new hobbies and loves nothing more than weeknight family meals, but there’s no denying that Prince George was born into a wealthy family, despite the normal childhood his parents, Prince William and Kate Middleton, gave him.
His grandfather was King Charles III, who reportedly gave him gifts worth £18,000 on his first birthday. What’s more, it was also revealed what royal title Prince George would have had while his father was King.
But Prince George, who started his life at boarding school, still has a few more years of school left, and considering everything we know so far about his net worth, it looks like he’s already making money for the royal family…
How much is Prince George’s net worth?
Prince George’s net worth is estimated to be around £2.9 billion, according to Reader’s Digest, which reported on the young Welshman’s fortune in 2022.
He is not currently the richest royal grandson, as his sister Princess Charlotte (8 years old) beat him to the Outdoor Toys survey, which analyzed the world’s most famous children and their net worths. He was named the richest royal child in 2023.
This amount will increase as he gets older, but it’s not bad considering that 10 years old is still too young to work.
Why is Prince George so rich?
Prince George is so rich because when he was born, he inherited 133,000 acres of land in 23 counties in the UK. The Economic Times estimated that the land value was more than £830 million ($1 billion) in 2019.
He also owes his wealth to the “royal effect” that his wealth has on sales. Royal fans have been obsessed with what Prince George wears since he was a child, and whenever Prince George and his siblings partner with a British brand, even unofficially, sales of that item go through the roof.
The £9 Sunuva T-shirt he wore for his third birthday sold out within an hour of his parents, Prince William and Kate Middleton, sharing a photo of it on social media. Seven years later, the Sunuva website has been shut down, but the clothes are still available to buy from Childrensalon, Next, Harrods, Selfridges and independent boutiques around the world.
Under British law, the monarch’s eldest son will inherit the Duchy of Cornwall, a vast real estate portfolio that brings significant income to its owner. As King Charles is the sovereign monarch, Prince William currently holds the benefits that come with the Duchy of Cornwall, and these will be passed on to his eldest son, Prince George, when he becomes king.
If Prince George eventually becomes king, he will have access to funds from the Duchy of Lancaster as well as funds from the government’s Sovereign Grant, currently held by King Charles and previously allocated to a portion of the late Queen’s funds.
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