Princess Charlotte, the daughter of Prince William and Kate Middleton, is worth significantly more to the United Kingdom (UK) economy than even her older brother, Prince George, the future king.
A video explaining that Princess Charlotte is the richest child in the world quickly went viral. The claim that she “is worth” as much as five billion dollars attracted great attention, but in reality, she benefits very little from it.
There is no doubt that the daughter of Prince William and Kate Middleton will never have to worry about monthly budgeting, paying bills, or grocery expenses, but the idea that she has five billion dollars “in her pocket” is not entirely accurate, even though she remains the wealthiest child in the world.
Namely, this figure represents an estimated potential value to the UK economy, primarily in the context of her predicted future as a fashion icon and one of the most prominent members of the royal family.
For comparison, in the same context, the estimated value of her older brother, George, and future king, is three billion dollars, while the value of six-year-old Prince Louis is estimated between 70 and 125 million dollars.
“Princess Charlotte takes a piece of the entire family’s pie and is therefore worth an incredible five billion dollars. This is largely due to her fashion influence,” the media reported, adding:
“Since royal heirs never receive inheritances ‘in hand,’ nor do they have jobs where they earn money, their wealth is calculated based on the value they bring to the UK economy.”
The viral video in question refers to these very figures, adding that the nine-year-old is worth more than all the Kardashians combined, emphasizing that there is no wealthier child in the world.
However, Charlotte will not benefit much from this in her daily life, as she cannot profit from her title. In the future, she will most likely become a working member of the royal family, and even if she were to step away from royal duties, she would never be able to fully capitalize on her economic potential.
The example of Meghan Markle illustrates a similar phenomenon – while she was part of the royal family, she was considered a fashion icon, but only after stepping away from royal duties could she privately monetize her fame.
Prince Harry’s net worth, in this context, is estimated at a relatively modest 10 million dollars, the majority of which comes from the inheritance left by his mother, Princess Diana.
And if you’re wondering how members of the royal family make money if they cannot profit from their titles, the answer lies in the profits they generate from their estates. Kate Middleton and Prince William primarily live off the earnings from various ventures within the Duchy of Cornwall, which bring in about 30 million dollars annually.