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Prince William and Kate Middleton's children's eye-watering net worth is set to increase after they've been bestowed with their new titles after the Queen's death.
King Charles III announced in his first public address to the nation on Friday that William is following in his father's footsteps as the Prince of Wales.
And Kate has become the first person since Diana to use the title of Princess of Wales to use the title, meaning their three children will now be known as Prince George of Wales, Princess Charlotte of Wales and Prince Louis of Wales.
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Addressing the country, the King, 73, said: "Today, I am proud to create [William] Prince of Wales, Tywysog Cymru, the country whose title I have been so greatly privileged to bear during so much of my life and duty.
"With Catherine beside him, our new Prince and Princess of Wales will, I know, continue to inspire and lead our national conversations, helping to bring the marginal to the centre ground where vital help can be given."
And the youngster's new titles is expected to increase their net worth, which is tipped to reach the billions.
Although only nine, Prince George's estimated individual net worth is to £500,000, but is expected be boosted by what he will inherit from his family, taking his estimated net worth up to a whopping £2.4 billion.
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As future King, second-in-line George would have access to funds such as the Duchy of Lancaster, as well as money from the Government through the Sovereign Grant once he grows up.
His net worth is influenced by his future inheritance but also by the global impact he has had on the economy, particularly the fashion industry.
Both Prince George and Princess Charlotte are adored for their fashionable clothes, with parents around the world attempting to reproduce the outfits.
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The Prince's influence on fashion has been dubbed the 'Prince George' effect, but his impact on the economy was dwarfed by his younger sister's.
According to a 2021 study from Electric Rides on Cars, Charlotte's impact on the economy was worth £1billion more than her older brother.
The study estimated that her net worth was a staggering £3.26 billion, as of 2021, with Charlotte looking set to become the richest young royal in the family.
Leave your tributes and light a virtual candle for Queen in our online book of condolence
Prince William and Prince Harry were known as William and Harry of Wales before they were given their own titles.
As Charles’s eldest son, William has also inherited the title the Duke of Cornwall upon the death of the Queen.
Prime Minister Liz Truss was told the Queen had died two hours before Brits found out
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- Royal Family
- Prince George
- Prince Harry
- Prince William
- Princess Charlotte
- Net Worth
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