Members Of The Royal Family Who Aren't As Rich As You Thought
When it comes to discussing the British royal family and money, it's important to put things in perspective. There's no question that members of the British royalty are rich, with an estimated net worth of around $88 billion, per Yahoo Finance. Not all that's liquid, though, and much of it is tied up in land, castles, and even art. Tesla founder Elon Musk nets more than twice that amount, according to Business Insider. What's more, in a recent ranking of the 10 richest people on the planet, no member of the royal family even ranked.
To be clear, no one in the British royal family is hard up for cash, and even if they were, the Brit royals are allowed to draw on the Sovereign Grant, a taxpayer fund to support the monarch in the execution of the royal duties, according to Royal, the official royal website. Nevertheless, the British royals aren't actually as wealthy as many people believe. Here are some members of the royal family who aren't as rich as you thought, proving when it comes to ruling over kingdoms, the money just ain't what it used to be.
Lady Amelia Windsor
With an estimated net worth of a measly $1 million and sitting 42nd in line for the throne, Lady Amelia Windsor is still one of the royal family's most glamorous members, with experience modeling and a penchant for buying designer clothing, according to Hollywood Magazine. She even appeared in London's 2016 Fashion Week. Not all her pastimes are frivolous, however, because Windsor — Prince Harry and Prince William's third cousin — also uses her fame and money to support worthy causes, including the Veterans Aid Organization and the War Child Organization, helping children growing up in conflict zones.
Per
, Amelia Windsor is the youngest child of George Windsor, Earl of St Andrews, and has two siblings: Lady Marina Charlotte Windsor and Edward Windsor, Lord Downpatrick. She is the granddaughter of Prince Edward, Duke of Kent. She graduated from the University of Edinburgh, where she studied French and Italian.
Peter Phillips
The one and only son of Anne, Princess Royal, HRH's second child and only daughter, the next royal who might not be as wealthy as you thought is Peter Phillips. With an estimated net worth of about $20 million, according to Celebrity Net Worth, he is 17th in line for the throne, and otherwise, he is managing director at a sports marketing company and a graduate of the University of Exeter.
Phillips is also the only legitimate grandchild of a reigning monarch to be born without a title, or a courtesy title, in roughly 500 years, meaning his parents wanted Phillips to grow up as much as possible without the privilege of the peerage, according to BBC. In 2021, Phillips' net worth shrank after his divorce from his wife Autumn Phillips. According to Express, his net worth was a little over $17 million after their finances were settled.
Princess Beatrice
One of Queen Elizabeth II's eight grandchildren, Princess Beatrice has a net worth of about $1 million, according to Celebrity Net Worth. She's named after Queen Victoria's youngest child. She lives with dyslexia and has become an outspoken advocate for the learning disability, which is something she calls a gift. "If by sharing my story I can help one young person, whether they're 11 or 7 just receiving the news that they've got the gift of dyslexia, then I think you've got such a fantastic opportunity," she explained to Hello! Magazine.
Despite her wealth and learning challenges, Beatrice has a good work ethic and is one of the few regal relatives to hold a day job, working in finance and consulting, per Good Housekeeping. She's also responsible for one of the strangest recent stories involving the British royals, when in 2016, she sliced pop star Ed Sheeran's face with a sword while pretending to knight another pop star, James Blunt (via The Sun). The story was confirmed in 2020, per the Observer.
Princess Eugenie
According to her Celebrity Net Worth, Beatrice's sister, Eugenie, sits on a net worth of about $1 million in her own right. That number is disputed, however, with Harper's Bazaar estimating the net worth of Eugenie and her husband, Jack Brooksbank, at around $4.7 million. Contributing to this discrepancy could be the fact that Brooksbank is not a royal, and so no one knows for certain how much money he has.
Nevertheless, Eugenie did things the old-fashioned way, at least for a royal, and much like her sister Beatrice, chasing her interests in art, literature, and politics to Newcastle University, and then, working day jobs at auction houses and art galleries in both London and New York — which are opportunities she likely earned on her own and had nothing to do with her royal lineage. Otherwise, Eugenie takes no money from the privy purse — a slush fund of sorts for the British royals to draw from. She does supplement her modest (by the standards of royalty) income with public engagements, however.