News flash: the British royal family is extremely rich! Okay, you probably knew that already. But did you also know that, according to Forbes magazine, the overall worth of the royal family is about $88 billion? And in physical assets they have some of the most remarkable art and jewelry collections in the world, not to mention all the land they own. What about the individual members of the family, though, such as Meghan and Harry? Just how much are they each worth? Let’s take a look at the biggest spenders…
10. Prince George — $500,000
Okay, Prince George isn’t actually all that much of a spender just yet, seeing as how he’s not even 10 years old. But despite his young age, he is already worth half a million dollars. And that’s only going to grow in the future. As heir to the throne, some elements of Prince George’s adult life are already planned out for him, including some of his assets.
Eventually Prince George will inherit the Duchy of Cornwell, as the eldest child of the reigning monarch always does. The Duchy dates all the way back to 1337 and the days of King Edward III. It grants financial independence via a private estate to the royal who inherits it. Lucky kid.
The official website for the Duchy of Cornwall explains, “Under the guidance of the current Duke of Cornwall, it is the Duchy’s responsibility to manage this estate in a way that is sustainable, financially viable and of meaningful value to the local community.” And eventually this will be one of the jobs for Prince George; he’s going to need a pretty big abacus to do those sums.
But so devoted are the Duke and Duchess to giving Prince George a normal childhood that he might not actually know yet that he’s going to be king one day. Prince William knew right from his early years, but in interviews he’s indicated that he wants to spare his eldest son that pressure.
9. Camilla, Duchess of Cornwall — $5 million
Camilla Parker Bowles was born into wealth — her father was Vice Lord Lieutenant of East Sussex. The young Camilla was raised on a country estate and sent to finishing school. So she already occupied a high place in British society before joining the royal family. Yet she’s not anywhere as rich as her husband Prince Charles. Her net worth is a “mere” $5 million. “Is that all?” we hear you cry … or not.
Despite her personal wealth, Prince Charles seems happy to shower his wife with luxurious gifts. When he proposed to her in 2005 he did so with a huge engagement ring that had once belonged to the Queen Mother. Clarence House has never revealed how much the piece is worth, but experts have valued it from afar at around $225,000.
So rather than buying herself more jewels, Camilla appears to be trying to use her fortune for good causes. She’s a working royal and she supports a lot of charities — reportedly at least 90 of them. Her charitable interests include supporting abuse victims, empowering women and improving literacy. However, her role will inevitably change when the Queen passes away and Prince Charles becomes king.
No-one is sure yet what title Camilla will take when her husband is crowned. When she first came into the picture as the second wife she was so unpopular that royal experts believed she wouldn’t even get the title of “queen consort.” But in more recent years her PR has improved considerably, so it’s possible a respectable designation will come her away.
8. Meghan Markle — $5 million
Meghan Markle’s net worth is, as it stands, $5 million dollars. She wasn’t always that rich, not by a long shot — she used to do freelance calligraphy to earn money in between acting jobs. But her time on the popular TV show Suits changed all that: she ended up being paid $50,000 per episode. That’s definitely enough to get us out of bed in the morning.
On top of her enviable TV gig, Markle was also a social media influencer before she married Prince Harry and became a duchess. She used to have a lifestyle blog called The Tig as well as an Instagram account, and these netted her a neat $80,000. But when she became a member of the royal family, it was a whole different ballgame.
For example, Markle has received some expensive gifts from Prince Harry. These reportedly include a Mini Cooper, a Cartier bracelet, and a diptych titled “Everybody Needs Somebody to Love” by British artist Van Donna. Yet everything changed again at the beginning of 2020 when the pair stepped down as working royals and stated they would become financially independent.
Markle and Prince Harry have kept quiet about their finances since then, but royal correspondent Katie Nicholl has been keeping track of them. In July 2020 she told the Entertainment Tonight show, “They do need to make money. They’ve been in L.A. since March, they left the royal family at the end of March, and as yet, they haven’t actually earned anything.” Of course, the Netflix deal might change all that.
7. Princess Eugenie — $10 million
Princess Eugenie was born into royalty as the daughter of Prince Andrew. But she’s not a working royal, unlike some of her cousins. So whenever she pops up at a royal event, it’s not in a professional capacity. She does, in fact, have a relatively ordinary job — she’s associate art director at the London-based Hauser & Wirth art gallery.
However, Princess Eugenie and her sister Princess Beatrice have inherited a great deal of money over the years. The Queen Mother left millions to her great-grandchildren. And when Prince Andrew divorced Sarah Ferguson in 1996, Queen Elizabeth II ended up putting £1.4 million ($1.85 million) into a trust fund for the two girls, who were caught up in the scandal.
Princess Eugenie married into money, as well. Her husband is Jack Brooksbank, and he worked as a brand ambassador for George Clooney’s tequila company Casamigos. The company was sold in 2017 for a cool $1 billion, so it’s probably safe to assume Brooksbank isn’t hard up for cash. However, this did cause some controversy when the time came to pay the couple’s wedding bill.
Plenty of people objected to the cost of Princess Eugenie’s 2018 wedding. Though the ceremony itself was paid for by the royals, the security costs came out of the taxpayer’s pocket. Almost 50,000 people signed a petition objecting to this, and anti-monarchy group Republic wrote that the issue had the potential to “damage the royals for a long time to come” — but the wedding went ahead as planned.
6. Princess Beatrice — $10 million
Princess Beatrice has the same net worth as her sister Princess Eugenie, and has followed a similar path in life. In October 2018 she told Vogue magazine, “We are young women trying to build careers and have personal lives, and we’re also princesses and doing all of this in the public eye.”
The young princess studied History and History of Ideas at Goldsmiths, University of London. After that she began working in the business world, splitting her time between Britain’s capital city and New York. She ended up gaining a high-powered job – as Vice President of Partnerships and Strategy, don’t you know – at the software company Afiniti.
But Princess Beatrice also makes efforts to be active in charitable giving. Some pretty extreme efforts, in fact. She became the first royal to run the London Marathon, raising money for Children in Crisis, in 2010. And the following year she auctioned off the bizarre fascinator she’d worn to Prince William’s wedding, donating the money to charity. Perhaps that was her reason for wearing it all along?
Thankfully, when it came to her wedding, Princess Beatrice managed to avoid Eugenie’s costly mistake. In July 2020, Princess Beatrice married real-estate businessman Edoardo Mapelli Mozzi — a multimillionaire in his own right — but it was a very small and secretive ceremony. Only 20 guests, including Mozzi’s young son Wolfie, were invited to the royal chapel.
5. Kate Middleton — $10 million
Quite incredibly, Kate Middleton was described as a “commoner” when she started dating Prince William. Even though her family was wealthy, the class divide made her a target of snobbery. People in high circles would allegedly whisper “Doors to manual” whenever they saw her around, a reference to her mother having once been an air hostess.
However, Middleton most definitely got the last laugh. She now has a net worth of $10 million, and her living expenses for things like travel and wardrobe are bankrolled by the Duchy of Cornwall. And that wardrobe is an extremely impressive one. Middleton has plenty of beautiful, expensive clothes — her wedding dress alone cost $332,000. That’s quite a high cost-per-wear ratio.
But Middleton has, in fact, started a fashion phenomenon called “the Kate effect.” Clothes and jewelry that she wears in public tend to sell out pretty much immediately. Even when the equally glamorous Meghan Markle joined the royal family, statistics indicated Middleton was still the top royal influencer. And she still wears that crown.
But should Middleton for whatever strange reason need to borrow money, she could always turn to her parents. Carole and Michael Middleton have a party supply company, Party Pieces, which is reportedly worth $50 million. And that valuation increased even further after their daughter became a duchess. So, though the tale of Middleton’s life is a rise from commoner to royalty, no rags were involved before the riches came along.
4. Prince William – $40 million
Prince William, second in line to the throne, is worth an impressive $40 million. But plenty of that comes from inherited money. In 2002 the Queen Mother left $17.9 million for her great-grandsons – quite enough to set the average person up for life. It’s true that Prince William did receive a smaller share than the rest, as he will be the one to eventually become king, but we’re pretty sure it would still have been a sizeable amount.
And when Princess Diana passed away in August 1997, much of her fortune was passed down to Princes William and Harry. They received the vast majority of her jewelry collection, as well. Prince William actually ended up using his late mother’s sapphire engagement ring to propose to Kate Middleton in 2010.
Though Prince William is a working royal now, he received a salary for the jobs he did previously. When he served as a helicopter pilot for the RAF Search and Rescue Force he earned at least $68,000, according to Forbes. And in 2015 he earned a reported $62,000 a year as an air ambulance pilot — but he donated that to charity.
Prince William is only going to get richer in the future, though. When his father Prince Charles takes the throne, the younger man will inherit the Duchy of Cornwall. And after that, Prince William will have to start preparing to be king himself. Once he has the title, he’ll have access to riches the likes of which are scarcely imaginable.
3. Prince Harry — $40 million
Like his brother, Prince Harry isn’t at all wanting for money. He has a net worth of $40 million. And also like Prince William, he served in the military on full salary. He was a soldier for 10 years, eventually earning the rank of captain, and he was reportedly paid around $53,000 for this.
Once Prince Harry left the military and became a working royal, he began receiving money from the Duchy of Cornwall towards his living expenses. And, just like Prince William, he also had the money left to him by his mother. But in January 2020, he and Meghan Markle stepped back from the royal family, and everything changed.
A book released in August 2020, Finding Freedom, claimed that Princes Harry and William fought over money. A source said, “There were times in the past when Harry wanted to take on bigger projects and do more work, but he couldn’t get the money to support it. William was always the priority. A lot of their quarrels have been over budgets.”
And Prince Harry’s money worries continue — not because of a lack of funds, but because he and Meghan Markle are constantly being scrutinized now to see how much they spend. Although they said upon stepping down that they wanted to be financially independent, there are rumours abound that they’re still receiving public funds from British taxpayers.
2. Prince Charles – $100 million
Unsurprisingly, Prince Charles is worth a tremendous amount of money. His net worth is $100 million, and a lot of that is down to the Duchy of Cornwall. According to the official website for the Duchy, “The current Prince of Wales chooses to use a substantial proportion of his income from the Duchy estate to meet the cost of his public and charitable work as well as the public and private lives of his family.”
There’s another aspect to the Duchy, however. While it was created in 1337, some of its more antiquated rules are still in force today. For example, Prince Charles is entitled to the property of any Duchy residents who die without heirs or a will. The position also gives him the power to completely ignore the rules of “Finders Keepers,” because he has the right to receive anything salvaged from a Cornish shipwreck.
It’s well known that Prince Charles is a regular donor to charities, but he also spends a lot of money on his hobbies. One of these is vintage car collecting — the 1969 Aston Martin Volante Prince William drove on his wedding day actually belonged to his father. Prince Charles also paints, and he makes even more money by selling the paintings.
But ever since Prince Harry and Meghan Markle left the royal family and moved away, Prince Charles has allegedly been helping them out financially. In March 2020, the Daily Mail reported that the prince was shelling out millions for his son and daughter-in-law’s security arrangements in America. Cheers, Dad!
1. Queen Elizabeth II — $600 Million
Queen Elizabeth II has a net worth of $600 million, but of course that’s only a small portion of the power she wields. She has full ownership of the Sandringham Estate in Norfolk, England and Balmoral Castle in Aberdeenshire, Scotland. The Queen also has a spectacular collection of some of the most beautiful – and most expensive – pieces of jewelry in the world.
But a lot of what we think of as the Queen’s assets are actually owned by a body called the Crown Estate. It’s this, rather than the Queen herself, that has ownership over Buckingham Palace. The estate is worth somewhere in the region of $18 billion – a staggering amount. And if the monarch did actually own it herself, her net worth would be much higher.
However, the Queen does receive money from the properties owned by the Crown Estate, and yet more from the Duchy of Lancaster. And if that wasn’t enough, she bets on racehorses sometimes — she’s a huge horse fanatic — and keeps any money she makes. So what on earth does she do with all of it?
Some of this goes to her palace staff, naturally, and to the upkeep of her properties. A portion of it goes in the collection box whenever she attends church, as well. She also has to shell out plenty of money on alcohol, although not for herself, but to entertain the multiple guests she hosts. And yet despite all this, the Queen is considered a frugal spender – she even recycles wrapping paper.
Of course, the royals aren’t the only people in positions of power with plenty of cash coming their way. The President of the United States, for instance, earns a hefty $400,000 a year nowadays. And, unlike most members of the royal family, a career in writing or giving talks often awaits after their time in office has come to an end. But did you know that many presidents were actually already wealthy to begin with?
20. John Adams
John Adams, one of the Founding Fathers and the second man ever to hold the office of U.S. president. That’s already quite the legacy to leave behind. But on top of everything else, it turns out that Adams was incredibly wealthy, too. In fact, it’s said that he would’ve been worth more than $21 million by today’s standards.
Both Adams and his spouse Abigail were members of wealthy families. The president’s dad had left a substantial inheritance for his son, whereas Abigail had been a part of the Quincy clan. Back in the 1700s the Quincys were among the most imposing families throughout all of Massachusetts. So both John and Abigail Adams had inherited huge amounts of money – and their own kids didn’t do badly, either…
19. John Quincy Adams
Of the six babies born to John and Abigail Adams, it was their second who became the most well-known. John Quincy Adams was born in 1767, and like his father before him, he later became president of the United States. He took office in 1825, serving only a single term until 1829.
Following his father’s passing, the younger Adams took his fair share of his leftover wealth. For example, he was given possession of his dad’s property, which comprised of a home on some 40 acres of land. And on top of this, it’s said that he also picked up personality and political traits from his father.
18. George H. W. Bush
President George Herbert Walker Bush was born into an affluent family. But he also significantly increased his riches further by drilling for oil and heavily investing in real estate. Perhaps the most extravagant example of this latter activity relates to a Maine property with an estimated value of $5 million.
Bush is said to have been worth somewhere in the region of $26.3 million. So, it’s safe to say that he led a financially comfortable life before he passed away in November 2018 at the ripe old age of 94. Indeed, his children never exactly struggled either, as we’ll soon see.
17. Grover Cleveland
Among all the presidents of the United States, Grover Cleveland is unique. Indeed, to this day, he is the only person with the bizarre honor of holding the presidency across two separate, non-consecutive spells. His first term was between 1885 and 1889, and his second started in 1893 and finished in 1897.
As a consequence, Cleveland is known as both the 22nd and the 24th U.S. president. But in addition to this distinction, he also amassed a substantial fortune thought to be worth about $28.3 million in today’s terms. Yet this is perhaps something of a surprise, as his family’s financial standing had been rather modest.
16. Martin Van Buren
Before he was president, Martin Van Buren had been born into a regular family without a huge amount of money. Yet he later started to amass a substantial fortune from his own activities and work. His role as a lawyer would’ve been vital in this endeavor, but he also likely did well from public service.
After all, across his political career Van Buren had been Secretary of State, vice president and, of course, president. Eventually, he was worth the equivalent of over $29 million. And he also owned a substantial estate in the state of New York. This was called Lindenwald and it measured up at roughly 225 acres.
15. James Monroe
President James Monroe had, at one point, been a very wealthy man. Indeed, once the owner of a substantial 3,500-acre plantation, he also would’ve picked up a decent wage for his terms in office. And, lest we forget, his spouse Elizabeth had been born into a wealthy British family.
Yet despite what you might think, it seems the presidency isn’t enough in and of itself to insulate a person from debt. And, as a matter of fact, Monroe apparently lost much of his money as an older man. Indeed, before his death he’d resorted to putting his huge plantation up for sale.
14. George W. Bush
Like his father before him, George W. Bush made lots of money before he took on the mantle of president. Of course, things were initially helped along by the fact that his family was already notably wealthy. But he was also a successful entrepreneur himself, before becoming the governor of Texas.
As with his dad, Bush had interests in the oil industry. And, for a time, he was also one of the owners of the Texas Rangers baseball team. Later, after his two terms as president had come to an end, Bush settled into a career of writing and giving talks.
13. Barack Obama
Although Barack Obama didn’t belong to an affluent family, he later made a fortune of his own. It’s not known for sure how much the 44th president is actually worth nowadays, but estimates have landed on a figure of approximately $40 million. That’s certainly not to be sniffed at.
Since finishing up his second term as president, Obama has gone on to fashion a prosperous career for himself. He reportedly receives a large pension, but he’s also earned millions with numerous other ventures. Such enterprises have included public speaking, writing books and signing an agreement with streaming giant Netflix.
12. John Tyler
On March 4, 1841, William Henry Harrison was sworn in as the ninth U.S. president. However, his reign was to be a brief one, with the man dying a mere 31 days later. Consequently, vice president John Tyler took over, the first person to do so because of the previous leader’s death.
Tyler had been an affluent man, the member of rich clan. He was the recipient of his family’s massive plantation, which was used for growing tobacco. He later even acquired his own land, which encompassed some 1,600 acres. Yet despite once being worth as much as $57 million in today’s money, Tyler lost his riches and passed away in destitution.
11. Franklin D. Roosevelt
Franklin D. Roosevelt was born into an affluent family – and he married into one, too. But he nonetheless managed to get into financial trouble in 1919, with his mom reportedly having to pull him through. But he later got it together and went on to amass a significant fortune.
Before his presidency, FDR held a number of distinguished roles which presumably paid him quite a hefty salary. By the end of his life, he had a number of residences to his name across a number of states. All in all, it’s said that he would’ve been worth $66.8 million by today’s standards.
10. Bill Clinton
Nowadays, Bill Clinton is thought to have a figure of about $75.9 million to his name. Yet neither the 42nd president nor his spouse Hillary trace their roots back to particularly affluent families. Instead, the pair are said to have picked up their riches on the merit of their own efforts.
Comparatively speaking, Clinton wasn’t a terribly rich sitting president. It was only later, apparently, when his pay packet started to expand. After leaving office, Clinton took in big sums from writing books and giving talks. In fact, for his 2004 memoir My Life alone, he reportedly pocketed roughly $15 million.
9. Herbert Hoover
Herbert Hoover started out life under some rather tough circumstances. He was an orphan, brought up by an uncle, but he thrived nonetheless and ultimately enjoyed a distinguished career. Early on, Hoover was a mining engineer, toiling away in a high-paid position for over a decade and a half.
Such was the extent of Hoover’s success in engineering that he didn’t even require his presidential wage upon taking office. Instead, he decided to give it all away to charitable organizations representing those in need. It’s perhaps for acts such as this that he’s been dubbed by the White House as “The Great Humanitarian.”
8. Lyndon B. Johnson
Following the murder of John F. Kennedy in 1963, Lyndon B. Johnson was hastily sworn into office as the new president of the United States. But in the earlier stages of his life, Johnson had a much humbler existence. In fact, as a child he’s said to have lived through genuine economic hardship in his home state of Texas.
As he got older, though, Johnson started to buy up significant expanses of land across Texas. In Blanco County, for instance, some 1,500 acres were under his domain. On top of his land holdings, he and his spouse also held ownership of a broadcasting station in the city of Austin. Eventually, Johnson was worth almost $110 million.
7. James Madison
As with many of the country’s early presidents, James Madison possessed significant land holdings. In fact, during his time, he was among the most prominent possessors of land in all of Orange County, Virginia. He himself lived in the county on a ranch called Montpelier which encompassed some 5,000 acres.
At his financial height, the fourth U.S. president was worth what would roughly amount to $113.3 million today. But as things turned out, Madison actually ended up losing his riches after his vast plantation failed. And so, in his final days, he was reportedly broke and completely bed-bound.
6. Andrew Jackson
Andrew Jackson amassed a great fortune in his lifetime, aided by a career with the armed forces and by his wife’s family. As such, he was among the richest presidents of the entire 19th century. Among his holdings was a large Tennessee estate known as The Hermitage, which measured up at roughly 1,050 acres.
Jackson had also been a major slaveowner, with reportedly more than 300 individuals bound to serve him over the years. In fact, it was with the service of slaves that Jackson was able to run his vast Hermitage estate. Here, the land was used for the sake of producing cotton.
5. Theodore Roosevelt
Teddy Roosevelt’s family had been influential and wealthy at the time of the 26th president’s birth in 1858. And later, Roosevelt himself was given access to a substantial trust fund. However, he apparently wasted this money on a failed undertaking somewhere in the Dakotas. With that, he needed another way to make his living.
Roosevelt earned a lot of money as a writer. In fact, he authored a large number of books – supposedly roughly 18 in total. And on top of this, he was also the owner of a large estate. This was Long Island’s Sagamore Hill, which encompassed about 235 acres of land.
4. Thomas Jefferson
As one of the country’s Founding Fathers, Thomas Jefferson remains as one of America’s most famed presidents to this day. But in addition to his political successes, Jefferson was also a very wealthy man – to the tune of more than $230 million at his financial peak. The son of a landowner, it’s said that much of his own estate was inherited from his dad.
Jefferson owned a massive plantation in Virginia called Monticello. This covered some 5,000 acres and was worked over by a large number of slaves. As well as the revenue that he received from Monticello, Jefferson earned from his political career. Yet in spite of all this, he nonetheless slipped into debt before his death.
3. George Washington
The name George Washington is, of course, one of the most recognizable in American history. Yet in addition to being the country’s first ever president, he was also a substantial property magnate and slaveowner. He came from an affluent family himself, but he also benefited from his spouse’s clan passing along their vast holdings.
But on top of everything else, Washington also earned a huge amount from his presidency. His wage, in fact, was larger than any received by any succeeding leaders. In 1789, apparently, his take-home pay accounted for 2 percent of the entire nation’s annual finances. All in all, his worth by today’s standards would amount to about $587 million.
2. John F. Kennedy
There have been few more influential American families than the Kennedys. So, it should come as no surprise to find one John F. Kennedy near the top of the list of the richest presidents. The Kennedy clan as a whole possessed great wealth – and JFK personally received his fair share of the spoils.
Apparently, there was a substantial family trust fund to which JFK had access, along with his relatives. But on top of this, his wife had also come from a moneyed background. In fact, Jackie Kennedy’s relatives had made a fortune from the oil industry and she hadn’t exactly been left wanting as a result.
1. Donald Trump
It should come as no surprise to learn that it’s the sitting president who’s considered to be the richest in history. Donald Trump came into the world affluent, but he went on to rack up even more wealth after he took control of his dad’s business empire. Today, he’s the owner of countless properties and golf courses dotted around the globe.
Trump is said to be worth billions – supposedly about $3.1 billion, to be more precise. According to Forbes magazine, his real estate holdings in New York alone are worth about $1.5 billion. Beyond the state, his real estate portfolio amounts to roughly $560 million, which is itself just a little more than his fortune from clubs and golf courses.