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Ever since she became Princess of Wales there has been interest in Kate Middleton’s net worth and how much she and Prince William are making now that they are the next couple to the British throne.
Kate – whose full name is Catherine Elizabeth Middleton – is the wife of Prince William, the Prince of Wales and heir apparent to the British throne. As William’s wife, Kate is the Princess of Wales and the Queen’s next consort. Kate and William married in 2011 and have three children together: Prince George, Princess Charlotte and Prince Louis. William and Kate became Prince and Princess of Wales following the death of William’s grandmother, Queen Elizabeth II, on September 8, 2022. The Queen’s death made William’s father, Charles, the new King of the United Kingdom and the 14 Commonwealth Kingdoms, leading to William taking his title as Prince of Wales.
Kate told a well-wisher in September 2022 how her youngest son, Prince Louis, had comforted her after the Queen’s death. “My little Louis is just so cute. He said: “Mom, don’t worry because she’s with the great-grandfather now,” Kate said, referring to the Queen’s late husband Prince Philip, who died in April 2021. Royal expert Gareth Russell said Us weekly on how Kate’s new royal title – Princess Diana’s title before her death – carries “huge emotional weight” for her. “It carries enormous emotional weight,” he says. “Princess Diana has had such a huge impact around the world with her charisma and fame as well as her humanitarian and charitable activities.” He continued, “But the title [of Princess of Wales]you know, it was used by a lot of people before Diana, and … it’s used after it now.”
Russell also told Us weekly about the mood behind the title for the British public. “I think it’s quite moving for a lot of people that the last person is holding [the Princess of Wales title] was William’s mother and now it’s his wife,” he said. I think it makes a good kind of push [on the Cambridges] because it brings with it a lot of the…emotional appeal that Princess Diana had…and gives that title a certain emotional appeal to people.”
But back to Kate Middleton’s net worth. What is Kate Middleton’s net worth and how does she make money dating Prince William? Read on to find out what we know about Kate Middleton’s Net Worth and what the Queen left her in her legacy.
How does Kate Middleton make money?
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How does Kate Middleton make money? Kate and her husband, Prince William, were created Princess and Prince of Wales after William’s father, King Charles III, became the new King of the United Kingdom and the 14 Commonwealth Kingdoms following the death of Queen Elizabeth II in September 2022 became father became king, William is now the heir apparent to the British throne, making Kate the next Queen Consort.
As the new Princes and Princesses of Wales, William and Kate receive much of their income from a private estate called the Duchy of Cornwall, which was established in 1337 to provide financial support to the heir to the throne, according to CNN. The Duchy of Cornwall – which provided Charles and Camilla’s income before they became king and queen – is funded by owning and cultivating land in rural and urban areas, as well as islands and rental houses in Wales, Cornwall and elsewhere in Britain. In 2018, the Duchy of Cornwall earned Charles and Camilla $28 million, which is about what William and Kate will also earn. According to CNN, about 50 percent of Charles and Camilla’s annual income was spent on travel and official royal engagements, while a quarter was spent on taxes. The remaining $8.9 million went to Charles’ children with his late wife Princess Diana – Prince William and Prince Harry – as well as unofficial purchases and a royal savings account.
William and Kate’s income also includes monies from the Sovereign Grant, a taxpayer fund paid to the British royal family each year. The Sovereign Grant originated from an agreement by King George III. in 1760, who agreed to surrender his income from Parliament in exchange for a fixed annual payment for himself and future generations of the British royal family. The agreement was originally known as the Civil List before being revised as the Sovereign Grant in 2012. Under the deal, the British royal family will receive a grant in exchange for handing over their profits from the Crown Estate, the family’s £14.1 billion collection of lands and possessions, to the government, according to the BBC. The reigning monarch receives 25 percent of the Crown Estate’s profits each year. The amount is used to fund the upkeep and ancillary costs of the property, travel for the British royal family and payroll for royal staff. The grant does not cover security and royal ceremonies funded by other areas.
For his part, William also has money from the trust his mother, Princess Diana, left to him and his younger brother, Prince Harry, after their deaths in 1997. William got access to that on his 30th birthday. According to Cheat Sheet, Diana left William $10 million in assets, including his late mother’s jewelry collection, which he and Harry shared.
According to Fortune, Kate and William are also senior members of The Firm, also known as Monarchy PLC, which is made up of the public faces of the House of Windsor and members of the royal family, Queen Elizabeth II – now King Charles. was the leader of. According to Fortune, the company runs a multi-million pound business empire that boosts the UK economy through television events and tourism. Before her death, the Queen was the leader of The Firm. The other seven members were: Prince Charles; his wife Camilla, Duchess of Cornwall; Prince William; Kate, Duchess of Cambridge; Princess Anne; Prince Edward; and his wife Sophie, Countess of Essex. According to Forbes, as of 2021, the British royal family holds nearly $28 billion worth of properties that cannot be sold. This is how this amount breaks down:
- The Crown Estate: $19.5 billion
- Buckingham Palace: $4.9 billion
- The Duchy of Cornwall: $1.3 billion
- The Duchy of Lancaster: $748 million
- Kensington Palace: $630 million
- The Crown Estate of Scotland: $592 million
How much did Kate Middleton inherit from Queen Elizabeth?
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How much did Kate Middleton inherit from Queen Elizabeth II? Radar Online reported in September 2022 that Kate was set to inherit $110 million worth of jewelry from the Queen after her death. The collection includes 300 pieces of personal jewelry that belonged only to the Queen and not to the Crown. “She has been focused on her beloved pieces and who deserves what,” a source told Radar Online in July 2022 before the Queen’s death. “She is rumored to have made some last-minute changes to her will that will come as a shocking surprise to her heirs.” The source also reported at the time that the Queen and Kate were particularly close in the months leading up to the monarch’s death were close, which made Camilla angry. “Kate is clearly the family favourite,” the insider said. “She would never say it, of course, but it’s one of the reasons Camilla resented Kate.”
Radar Online also reported that Kate’s sister-in-law Meghan Markle (who is married to Prince Harry) and her niece Lilibet Diana Mountbatten have been excluded from the inheritance. “There’s a very good chance the queen won’t leave any of them valuable jewels,” the source said. “It’s not surprising since they’re no longer members of the royal family, but it would be a real slap in the face.” Radar Online also reported that William and Kate were “not worried” about what they would receive from the Queen , because they knew where they stood with the late monarch. The site also reported that Kate is likely to give her niece some of her jewels because she and William “really don’t want Lilibet left out.” The insider continued, “As for Meghan, it’s none of her business.” As for why the Queen left out Meghan, the source reported it could be down to “practicality.” “Some people think it’s not going to be out of spite, it’s going to be out of practicality,” the insider said. “Others say it’s the Queen sending a message to Meghan and Harry: you reap what you sow.”
What is Kate Middleton Net Worth?
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What is Kate Middleton Net Worth? According to Celebrity Net Worth, Kate Middleton’s net worth is $10 million. Before marrying William, Kate worked for Jigsaw, a fashion retailer, from 2006 to 2007, where she sourced jewelry. In 2011, she joined her family’s party supplies company, Party Pieces, which is worth $50 million according to Cheat Sheet. The store thrived before Kate and William married in 2011, but the website reports that the company’s business has since skyrocketed due to its association with the British royal family.
A senior member of the British Royal Family, Kate’s patronages include East Anglia’s Children’s Hospice, Action on Addiction and the Natural History Museum. Most of Kate’s work with the British royal family focuses on children, addiction and mental health. In 2019, she began supporting Backyard Nature, an organization that helps families and their children connect with nature. In 2016, she and William also worked on their “Heads Together” campaign, which encouraged people to be more open about mental health. Kate also started the Mentally Healthy Schools project, which focuses on providing students with mental health resources.
Image: Courtesy of Random House.
For more on the British royal family, see Sally Bedell Smith’s 2012 biography. Elizabeth the Queen: The Life of a Modern Monarch
. The New York Times bestseller, which contains the “true story” behind several story arcs from Netflix’s The Crown, follows the life of Queen Elizabeth II from childhood as the “heir presumptive” to her father, King George VI; until the moment he met her husband, Prince Philip, when she was 13; until her accession to the throne in 1952 at the age of 25. Elizabeth the Queen, which also includes interviews with Buckingham Palace sources and never-before-seen documents, offers an in-depth look at the Queen’s legacy as one of the most celebrated monarchs in recent history.
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