Ever since she married Prince William, Kate Middleton has been in the public eye as an important member of the Royal Family. The Princess of Wales has seamlessly slipped into the role and has shown that she can navigate all the protocols associated with The Crown. In addition, her net worth has also seen a considerable increase after her entry as a Royal.
But Middleton was already a millionaire long before she married into the Royal Family. Looking back at her childhood and upbringing, the Princess of Wales and her siblings led a life of comfort and riches thanks to their parents’ successful entrepreneurial efforts. So just now much was the future Queen worth before she became a Royal?
Kate Middleton Was Worth Millions Before She Became Princess Of Wales
Kate Middleton’s current net worth jointly as part of the Royal Family is a staggering $28 billion according to Forbes. According to Celebrity Net Worth, the princess’ individual net worth is reported to be around $10 million. While this statistic proves that she has gained considerably by being an esteemed member of The Crown, a look back into her life shows that she was a millionaire long before her marriage to Prince William.
Middleton’s parents Carole and Michael Middleton are successful millionaires who made their money by pioneering a company named Party Pieces which sells multiple party supplies. This business was extremely lucrative and was valued at around $45 million in 2011 according to Celebrity Net Worth. Among the jobs that she took up, the future Queen worked for a fashion retail company named Jigsaw and a jewellery procuring film before joining her family’s company in 2011 for a year.
In addition to reportedly having a stake in the family business, the mother of 3 is also a recipient of generational wealth and trust funds that have been in the family for years. Middleton and her sister Pippa also shared a $1.4 million apartment which was bought for them by their parents (via Hello Magazine). Her luxurious lifestyle was then upgraded by her marriage to Prince William.
The princess though, has a considerably smaller net worth than her sister whose financial status is valued at $50 million (via Cosmopolitan), which is partly due to the wealth of her husband James Matthews, a hedge fund manager and heir apparent to the lairdship of Glen Affric.
What Contributes to Kate Middleton And Prince William’s Royal Net Worth?
Following the crowning of King Charles, Prince William and Kate Middleton officially assumed the title of Prince and Princess of Wales. According to a report in Cosmopolitan, the couple by virtue of their new title, receive a significant portion of their income from a private estate called the Duchy of Cornwall established in 1337 to specifically serve the heir to the throne. This estate also provided similar support to King Charles before he ascended the throne.
As per a 2023 report in National News, Prince William and his family received a private income of $7.6 million from the estate. He has also inherited this estate following his father becoming the King, and is entitled to surplus profits every year.
The future King also benefits from a trust in his mother Princess Diana’s name which was set up after her death, and was accessible to her children who were reported to have started receiving annual dividends of $450,000 every year from the age of 25 according to a report in Cosmopolitan. The late princess is estimated to have left $10 million in assets to both her sons which included her jewellery as well.
Over and above this, Kate Middleton is reportedly expected to inherit $110 million worth of jewellery from Queen Elizabeth according to Radar Online. The coveted collection includes 300 personal pieces that belonged to the Queen and were not part of The Crown’s jewels.
