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Upon the death of Queen Elizabeth II on Sept. 8, Kate Middleton has taken a step closer to her eventual position of queen consort due to her marriage to Prince William, heir apparent to the British throne.
See: What is Queen Elizabeth II’s Net Worth Upon Her Death At Age 96?
More: How Much is Prince Charles Worth As He Becomes King of England?
Known for her down-to-earth, charitable nature and impeccable sense of style, Kate is an extremely hard-working and popular royal.
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With the tragic news of the queen’s death, Duchess Kate will soon likely be known as the Princess of Wales, a title that once belonged to Princess Diana. Let’s look at the life and net worth of the future princess.
Kate Middleton’s Estimated Net Worth: $7 to $13 million
In 2018, Wealth-X estimated Middleton’s net worth at $7 million, according to Money. However, most sources, including Celebrity Net Worth, place her personal wealth (aside from everything her royal husband brings to the table) at $10 million. Popular Bio suggests she is worth closer to $13 million, citing Forbes and IMDb, among other online sources.
Before marrying Prince William in 2011, Middleton came from a well-to-do family with long ties to royalty (Middletons have been friends with various royal family members since the 1920s, per Celebrity Net Worth).
According to Marie Claire, the Middleton family built its current fortune in the mid-1980s when Kate’s mother created Party Pieces — a party supply and decoration company. Party Pieces has an estimated worth of $50 million, “thanks in no small part to the exposure it gets from being associated with the royals, according to royal expert Marlene Koenig,” per Money.
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Kate is a “working royal” but does not earn a salary. When not raising her three children, her day-to-day schedule is filled with official engagements where she represents the family and monarchy along with her husband.
Although she has no income, per se, Middleton has few expenses. Per CNBC, her and William’s living expenses, staff, travel and official wardrobe are paid for through the Duchy of Cornwall, a financial fund or territory administered by Prince Charles III.
When Charles ascends to the throne as king, the duchy — with its 52,449 hectares of land and £345 million worth of commercial property, belongs to Prince William — per Cosmopolitan. In June 2022, The Independent reported that the duchy’s …….