Kate Middleton’s life changed significantly when she married Prince William in 2011, having met while studying at the University of St Andrews in Scotland.
Now Princess of Wales and next in line to be Queen, Kate married into a generationally wealthy family whose working members get official expenses covered by proceeds from their vast land holdings, and she and her husband have only gotten wealthier during their marriage.
It’s not possible to determine the exact net worth of a royal, but CelebrityNetWorth pegs Kate’s current net worth at an estimated $10 million. Her husband’s net worth, calculated by the same source, is $100 million—an estimate that doesn’t appear to include a private estate reportedly worth more than $1 billion.
Before she got married, Kate was already relatively well-to-do. Her family inherited a trust fund that in 2014 was worth more than £3 million ($3.7 million), according to the Daily Mail.
When Kate was born, her father, Michael, was a flight dispatcher and her mother, Carole, was a flight attendant. Five years after welcoming Kate, Michael and Carole started a business called “Party Pieces.” The family grew wealthy enough to send their three children to a prestigious private school, Marlborough College, and buy an apartment in London and the family’s home—a manor in Berkshire.
Read More: What To Know About Prince William’s Net Worth
The party business grew into a successful enterprise that was valued at £30 million ($37 million) at the time of the royal wedding, according to the Evening Standard. However, the business reportedly lost more than £1 million ($1.3 million) during the pandemic. Per a statement filed via Companies House, an agency of the British government, Party Pieces Holdings Limited had acquired £2.6 million ($3.2 million) in debt by 2023, leading to the sale of the business.
Before getting married, Kate worked for her parents’ business and as an accessory buyer for the apparel brand Jigsaw.
Kate is now a working royal, which means she spends her time in public engagements as a patron to charities and representative for the country and Crown. She gets her official living, travel, and household expenses covered by what is called the Sovereign Grant.
Each year, the royal family gives profits from its vast holdings under the Crown Estate to the U.K. government, but gets paid back a proportion in the form of the Sovereign Grant. Historically, the proportion was 15%, but that amount was raised to 25% in 2017 for 10 years to cover renovations at Buckingham Palace. However, the government announced it would be cut to 12% starting this year because of new profits from offshore wind farms on the Crown Estate.
In the most recent financial year, the royal family received £86 million ($109 million) from the Sovereign Grant, according to an annual report published in June 2023. That equals out to £1.29 ($1.63) per person in the U.K., according to the royal website. A core grant of £51.8 million ($65 million) funds official travel, property maintenance, and household operating costs.
However, the Sovereign Grant doesn’t cover Kate and other royals’ security costs, which is paid for by the taxpayer, with the cost not disclosed.
Kate and William, along with their three children—George, Charlotte, and Louis—make use of three homes—Kensington Palace in London, Anmer Hall in Norfolk, and Adelaide Cottage on the Windsor Castle estate. The Guardian reported that Anmer Hall was a gift from Queen Elizabeth II, while the couple pays rent on Adelaide Cottage.
FAQs
Prince William shares finances with his wife, Kate Middleton, the Princess of Wales, who is worth an estimated $10 million.
What is Princess Kate's net worth? ›
It's not possible to determine the exact net worth of a royal, but CelebrityNetWorth pegs Kate's current net worth at an estimated $10 million. Her husband's net worth, calculated by the same source, is $100 million—an estimate that doesn't appear to include a private estate reportedly worth more than $1 billion.
How much does Kate Middleton weigh? ›
Buckingham Palace has remained mum about how much Kate weighs or how tall she is, but rumors put her at 5-foot-10 and about 120 pounds. "At a weight of 120 for 5-foot-10, that puts her at 80 percent of ideal body weight, or definitely underweight," said Bonci.
How much is Middleton Family worth? ›
How rich are Kate Middleton's parents? It was estimated They have been well off for many years, hard work , good Investments, Party Pieces is worth an estimated $50 million. Today, the duch*ess parents have a combined net worth of about $67 million, according to Town & Country.
Why is Princess Charlotte so rich? ›
The reason comes down to their mother, the Princess of Wales, and her major influence on fashion.
What is Prince William's net worth? ›
CelebrityNetWorth has pegged the net worth of Prince William, next in line to the throne, at $100 million.
How much is Kate Middleton daughter worth? ›
Princess Charlotte is the middle child of Prince William and Kate Middleton, but when you look at her net worth, one clearly sees that she is at the top, having an estimated $5 billion the year she was born. Ever since her birth, she has become somewhat of an icon for the royal family, junior edition.
Was Kate Middleton rich before marriage? ›
Prior to her royal marriage, Kate Middleton had a career in the fashion industry and has a net worth of $10 million. Born on January 9th, 1982, in Reading, England, Kate Middleton grew up in an upper-middle-class household with strong ties to royalty on her father's side.
How much did Kate Middleton inherit? ›
While Kate inherited $110 million in jewelry from the Queen, that collection did not include the Spencer tiara, a diamond-encrusted crown inherited by William's late mother, Princess Diana, in the mid-1970s. Diana wore the tiara in her wedding to King Charles—then Prince Charles—in 1981.
What is the waistline of Kate Middleton? ›
SHE may have three kids and a hectic schedule, but Kate Middleton has managed to maintain an enviable 24 inch waist over the years. Although she has proudly showed off her baby bumps during her pre…
Kate Has Tons of Money From Her Family
Kate's parents Carole and Michael Middleton are self-made millionaires thanks to their company, Party Pieces, which provides party hosts with cute supplies.
Are the Middletons millionaires? ›
He addressed the family's fortune on Wednesday 6 March, revealing he and his sister Carole were both multi-millionaires before they were 30. The uncle said: “We're humble stock - dad was a painter and decorator, mum was an accounts clerk so they worked hard.”
What is Prince Harry worth? ›
Prince Harry and Meghan, the Duke and duch*ess of Sussex, have amassed a combined net worth of around £48 million (more than ₹498 crore) since stepping down from their royal duties in 2020.
Who is richer, Harry or William? ›
Not only does William have more money than Prince Harry for reasons that would cause any family to feud, but he's about to get even richer too. Here's a breakdown of how his royal finances work since ~inquiring minds~ want to know.
Who is the richest royal kid? ›
Princess Charlotte has been refered as "the richest kid in the world" due to her status as a member of the British royal family, which is one of the wealthiest and most prominent royal families in the world.
Who is richer, Prince George or Princess Charlotte? ›
Princess Charlotte is wealthier than her own brothers Prince George and Prince Louis, a report claimed. Prince William and Kate Middleton's daughter has a net worth of £3.5 billion- slightly higher than Prince George's current net worth of £3.4 billion.
How much is Kate Middleton's ring worth? ›
In Kate Middleton's engagement ring, 18KT white gold metal makes the ring different of other expensive diamond rings already famous. So, when we count the Kate Middleton wedding ring price in US Dollars, it shows $ 5.9 Million.
How rich is Princess Margaret? ›
They include Princess Margaret, the Queen's sister, who left £7.7m (£11.5m at today's prices) when she died in 2002. Wills drawn up by a succession of minor royals including grandchildren of Queen Victoria have been kept secret.
How much is Prince Charles worth? ›
King Charles' net worth has soared to about $2.3 billion, according to The Guardian, which said it worked with 12 experts to undertake the first "comprehensive audit" of the king's assets, which range from country estates to race cars and jewels.
How much is King Charles worth in 2024? ›
King Charles III has surpassed his late mother, Queen Elizabeth, in personal wealth. According to the 2024 Sunday Times Rich List, the monarch's personal wealth is $770 million.
