HOME / NEWS / HUMAN INTEREST

What was Prince Philip’s net worth at the time of his death? Here’s who will inherit the fortune of Queen’s husband

The Duke of Edinburgh died at the age of 99 on Friday. The eldest member of the royal family earned around $541,930 (£395,000) annually, working by the Queen's side and often joking about it

Prince Philip died on Friday, April 9, at the age of 99. Announcing the sad news, the royal family issued a statement on Twitter that read, “It is with deep sorrow that Her Majesty The Queen has announced the death of her beloved husband, His Royal Highness The Prince Philip, Duke of Edinburgh. His Royal Highness passed away peacefully this morning at Windsor Castle. The Royal Family join with people around the world in mourning his loss. Further announcements will be made in due course.”

What was The Duke of Edinburgh’s net worth?

According to express.co.uk, the net worth of Queen Elizabeth II’s husband was $41 million (£30 million). The report added that before retiring from royal duties, the eldest member of the royal family was earning around $541,930 (£395,000) annually. He used to work by the Queen's side and often joked about it. For example, four years ago while opening a new stand at Lord's cricket ground, he said, “You're about to see the world's most experienced plaque-unveiler."

READ MORE

How did Prince Philip die? Duke of Edinburgh’s health was deteriorating for past few weeks

Piers Morgan slams Harry as ‘whiny brat in his mid-30s crying dad won't fund him’ in Tucker Carlson interview

Before marrying the Queen, Philip also belonged to another royal family, in fact, two royal families -- the Greek royal family and the Danish royal family -- since he was born the only son to Prince Andrew of Greece and Denmark and Princess Alice of Battenberg. However, after tying the knot with the then princess, who eventually became the Monarch, Philip also inherited a number of titles and earned a collection of money and assets in his life.

Currently, it’s not known what his will contains. But since he was the father of four children, 71-year-old Prince Charles, 69-year-old Princess Anne, Prince Andrew, 60, and Prince Edward, 56, there is a fair chance they will get their shares. Also, the Queen will keep hold of assets that are in the form of stocks and an expensive art collection.

Regarding the royal residences; there are many across the UK, and the Queen and Philip had spent their time in them, including Buckingham Palace, Balmoral Castle, Craigowan Lodge, Hillsborough Castle, Palace of Holyroodhouse, Sandringham House, Windsor Castle, and The Welsh Cottage. But when it comes to owing them, the deceased member had none. So, nothing will be shared between his kids.

Reportedly, there are chances the title of the Duke of Edinburgh will be given to Prince Edward since Philip has died now. However, there is no official confirmation yet. He was honored with the royal title on November 20, 1947, when he exchanged vows with the Queen. After his August 2017 retirement from royal duties, his youngest son took over several of his roles. It has been said that he might take over more roles now, which were earlier held by the King Consort. However, Philip’s death does not affect the line of succession.