The royal family officially just got bigger — this morning,
Meghan Markle gave birth to a baby boy who is seventh in line to the British throne.
Altogether, the entire British royal monarchy is worth an
estimated $88 billion, and Brand Finance reports that they contribute $2.3 billion to the U.K. economy every year. But which royal is sitting on the biggest pot of gold?
While we can't exactly
stalk them on Venmo nor look at their bank statements, we combed through the interwebs for a rundown of the estates, assets, and estimated millions associated with each member of the royal family tree. Prince Harry and Meghan Markle
Meghan Markle moved across the pond to live with Prince Harry at Kensington Palace, she was reportedly raking in around $450,000 per year for her role on . She also had additional income streams: She ran a lifestyle website, designed two clothing collections with Canadian retailer Reitmans, and did some good ole #Sponcon on Instagram before deleting her account (as is customary of royals). Suits Town & Country reports her personal net worth is somewhere around $5 million.
As for Prince Harry, his $45,000 salary for his service in the British Army Air Corps came in at only 10% of his wife's
Suits annual earnings. But the bulk of his wealth comes from an inheritance of $13 million he received for his 30th birthday, per the will of his late mother, Diana, Princess of Wales. As part of his inheritance from Diana's estate, he received jewelry as well, the value of which is not known, but it'd be safe to say it's worth, uh, a lot.
Also, the expenses associated with his royal duties are covered by the Duchy of Cornwall,
which paid $9 million in 2016 and 2017 for Harry, William, and Kate's official expenses and obligations, so it's not like he's whipping out his personal credit card for much. Harry's net worth is estimated to sit somewhere between $25 million and $40 million. Photo: Samir Hussein/WireImage. More Princess Eugenie and Jack Brooksbank
Princess Eugenie is the daughter of Prince Andrew (Queen Elizabeth's son) and Sara, Duchess of York. Unlike her royal cousins, she isn't a "working royal," which means going to official royal engagements isn't her full-time job and she
isn't supported by the Sovereign Grant.
That isn't to say she doesn't have money in the bank, though. In 1994, the Queen Mother, a.k.a. Queen Elizabeth's mom, put two-thirds of her money in a trust fund for her great-grandchildren. Eugenie and her sister, Beatrice, reportedly received several millions from this sum of money. Princess Eugenie is also the beneficiary of a second lump sum of cash — she along with her sister and mother received almost $4 million from the royal family after her parents' divorce, some of which was put in a trust fund for Eugenie and Beatrice.
Eugenie also has a real person job as associate director of Hauser & Wirth, a London art gallery, where she earns approximately $145,000 per year.
Town & Country estimates that Eugenie's net worth is around $4.8 million.
Though Brooksbank isn't a royal, he definitely has money of his own.
He's a brand ambassador for Casamigos (George Clooney's tequila company, so, he's cool), and has a wine merchant business named after himself. That's about all we know about his personal finances, but it's safe to say he's marrying into a lot of dough. Photo: Karwai Tang/WireImage. More Prince William and Kate Middleton
Like his brother, Prince William also received an inheritance of $13 million on his 30th birthday from his late mother's estate. But he made a slightly higher annual salary than Harry — $62,000 per year for his job as an East Anglian Air Ambulance pilot,
which he reportedly donated to charity. His net worth is thought to be comparable to Harry's, and hovers somewhere around $40 million as well.
Kate Middleton, who sprung onto the royal scene in 2011 when she married Prince William, is worth an estimated
$7 million at least. Her wealth comes from Party Pieces, a party supply company her parents started, which is worth an estimated $50 million. Prior to becoming a Duchess, Kate worked for her parents as well as at fashion company Jigsaw, as a buyer. She also lived in a London apartment worth a reported $1.4 million. Nowadays, her expenses are covered by the Duchy of Cornwall, the private estate managed by her father-in-law, Prince Charles.
As for their royal offspring: According to Reader's Digest,
Princess Charlotte is worth $5 billion. Her net worth is tied to her fashion influence on the U.K. economy, which has been referred to as "The Charlotte effect." She is followed close behind by her older brother Prince George, valued at $3 billion. Baby Prince Louis is projected to reach the same level as that of his siblings, too. Photo: Chris Jackson/Getty Images. More Queen Elizabeth and Prince Philip
HRH Queen Elizabeth is top dog when it comes to royal net worth, which should come as no surprise. The 92-year-old has held the throne since 1953, and has accrued an estimated net worth of
$550 million. The Queen oversees Crown Estate, a real estate portfolio that includes Buckingham Palace. Though she doesn't own the properties herself, she does get 15% of the income generated from them, which is referred to as the Sovereign Grant.
She receives an annual compensation from the Duchy of Lancaster, an additional collection of assets she oversees as Queen, too. She also owns over $200 million worth in real estate properties like Balmoral Castle and Sandringham Home, both of which she inherited from her late father, King George VI.
As for her hubs of 70 years and counting, Prince Philip is worth a much more modest
$30 million. He retired from his official position of Duke of Edinburgh in 2017 at age 96, before which he earned a yearly salary of about $500,000 from Parliament. The best Philip anecdote ever: He once joked that he was " the world's most experienced plaque-unveiler."
Fun fact: Though
The Crown is Netflix's most expensive series to date, it still is less costly than the monarch is to British taxpayers. Photo: Jane Barlow/PA Images/Getty Images. More Like what you see? How about some more R29 goodness, right here? A Week In New York, NY, On A $15,000 Income A Week In Austin, TX, On A $32,500 Salary I'm A Content Strategist Making $132K & I'm Finally Not Afraid To Negotiate