The financial status of Kate Middleton, the Princess of Wales, has changed significantly since she married Prince William in 2011. Her estimated net worth is $10 million, although this amount could change given the intricacies of royal finances and the lack of a set pay scale for royal family members.

Net worth overview: 

  • Estimated net worth: approximately $10 million.
  • Prince William’s net worth is estimated at around $100 million, which includes substantial assets from the Duchy of Cornwall.

Sources of Income

Kate’s income primarily comes from:

  • Sovereign grants: this is a portion of the Crown Estate’s earnings that go toward paying working royals’ official responsibilities and living expenses. According to recent reports, the royal family’s Sovereign Grant is approximately £86 million ($109 million), with a core grant that covers staff expenses, property upkeep, and travel.
  • Duchy of Cornwall: after Queen Elizabeth II died, Prince William inherited the Duchy of Cornwall, which brings in a substantial amount of money from investments and land leases. It generated an extra £23.6 million ($30 million) in the previous fiscal year, which helps to cover their official and personal costs.
  • Family background: before her royal life, Kate came from a wealthy family that owned a successful party supply business. This background provided her with a comfortable financial foundation.

Kate Middleton

Real Estate Portfolio

Prince William and Kate Middleton’s real estate holdings are noteworthy for their historical significance and diversity. They reside in several prestigious properties:

  • Kensington Palace (apartment 1A): their primary residence in London, this apartment has undergone extensive renovations and features around 20 rooms, including multiple reception areas and a private garden.
  • Anmer Hall: a Georgian mansion located on the Sandringham estate in Norfolk, gifted by Queen Elizabeth II. The couple invested about £1.5 million in renovations to make it their family retreat.
  • Adelaide Cottage: situated on the Windsor estate, this four-bedroom cottage serves as their new home. The couple pays market rent for this historic property.
  • Tam-Na-Ghar: Prince William’s great-grandmother gave him a cottage on the Balmoral estate that serves as a family retreat.

Palaces, Castles, and Houses. What Kind of Real Estate Does the British Royal Family Own?

Additional Properties

Beyond their current residences, Kate has lived in various notable homes throughout her life:

  • Bucklebury manor: the family home purchased by her parents in 2012, featuring extensive grounds and amenities.
  • Chelsea apartment: before marrying Prince William, Kate lived with her sister in a three-story apartment in Chelsea, which sold for £1.88 million in 2019.

Kensington Palace

Kensington Palace
Source: vanityfair.com

Summary Table

Let’s review all that is being said above.

Category

Details

Estimated Net Worth

$10 million

Prince William's Net Worth

$100 million

Family Background

Kate's parents, Carole and Michael Middleton, founded a successful party supply business, Party Pieces, valued at around £30 million ($37 million) before the pandemic.

Royal Income Sources

- Sovereign grant: approximately £86 million ($109 million) annually, covering official expenses.

- Duchy of Cornwall: generates significant revenue for royal expenses.

Primary Residences

- Kensington Palace (Apartment 1A): their main residence in London.

- Anmer Hall: a Georgian mansion on the Sandringham estate, a gift from Queen Elizabeth II.

- Adelaide Cottage: a four-bedroom cottage on the Windsor estate, rented by the couple.

Additional Properties

- Tam-Na-Ghar: a cottage on the Balmoral estate.

Public Engagements

Active in charitable work and public engagements as a working royal.

Historical Context

Kate's wealth is significantly less than the overall royal family's estimated net worth of around $28 billion.