Prince George, second in line to the throne in the royal succession, has undoubtedly been born into a life of opulence.
At just 10 years old, he already possesses an impressive inheritance that sets his net worth at a staggering £2.9 billion.
Join us as we delve into the wealth and assets that await this young prince.
Born on July 22, 2013, at St. Mary’s Hospital in Paddington, London, Prince George inherited a vast expanse of land spanning over 133,000 acres across 23 counties in the UK.
Back in 2019, estimates from the Economic Times valued this land at a remarkable £0.83 billion.
This inheritance alone places Prince George in a position of immense wealth and influence.
According to British law, the monarch’s eldest child gains possession of the Duchy of Cornwall, a significant real estate portfolio.
While Prince William is next in line to inherit the benefits that come with this possession, eventually it will be passed down to Prince George, ensuring his continued prosperity.
Additionally, as the eldest son of the Prince of Wales, Prince George will have access to funds from the Duchy of Lancaster and the government-allocated sovereign grant.
The Duchy of Lancaster, established in the 13th century, is a unique collection of land, property, and assets held in trust.
Currently owned by His Majesty the King, as Duke of Lancaster, this private estate spans 44,748 acres in England and Wales.
Its diverse properties, including commercial, agricultural, and residential holdings, are predominantly located in Lancashire, Yorkshire, Cheshire, Staffordshire, and Lincolnshire.
While the precise net worth of the British royal family remains undisclosed, Forbes estimated it to be around £22 billion in 2021.
This valuation encompasses the Crown Estate, Buckingham Palace, the Duchy of Cornwall, the Duchy of Lancaster, Kensington Palace, and the Crown Estate Scotland.
Furthermore, the late Queen Elizabeth left behind personal assets worth at least £662 million, including a remarkable art collection and rare jewels, all of which have been passed down to her son and the current reigning monarch, King Charles III.
Prince William’s net worth also experienced a significant boost after his father ascended to the throne.
He received an £8.7 million inheritance from his mother, Princess Diana’s estate, upon turning 30.
Additionally, reports suggest that Prince William received a substantial sum following his great-grandmother’s passing in 2002, although the exact amount remains undisclosed.
As Prince George grows older, his wealth and influence will continue to expand.
With his impressive inheritance and the weight of his royal lineage, he is poised to play a significant role in the future of the British monarchy.