How does kate middleton make money

From the clothes, to the jewelry, events, pageantry, and their titles, their lives seem like a dream. Don't we all dream of being fantastically rich?

A life of ultra luxury doesn't come cheap, though, and the royals have assets for days -- or years Their fortunes keep growing and growing, in part because people who marry into the family tend to be people of means themselves. Compared to the royals, the Duchess of Cambridge's fortune is modest. That will change, though, as she ascends the royal ranks, Kate stands to make serious bank. Kate -- along with Meghan Markle -- is considered a "commoner," because she does not come from an aristocratic family, like Princess Diana did.

Read more about Kate's wealth -- past, present, and future. Maybe, just maybe, the Duchess of Cambridge will prove she's not as common as people think. Although her lifestyle wasn't as lavish as it is now, Kate was living well when she got engaged to William. Kate was a cute 4-year-old when her mom, Carole Middleton , founded Party Pieces with her husband, Michael.

Carole was frustrated that she couldn't find adorable children's party supplies in town and decided to take matters into her own hands. Themes include "casino" for adults, and narwhal, Harry Potter , and Peppa Pig for children. Michael Middleton's family was part of Britain's "landed gentry," not nobility, but upper class, aristocratic families who owned land and by and large did not have to work for income. Must be so nice! But Middleton's net worth ballooned once she became a duchess.

Middleton's wealth is mostly in cash because she doesn't have a personal portfolio of property or artwork. Most of Middleton's net worth stems from Party Pieces , an online party supplies business started by her parents.

Prior to her life as a full-time duchess, Middleton worked for the family business and was a part-time accessories buyer for a retailer called Jigsaw. She graduated in with a degree in Art History. But once Kate officially became a royal she didn't need to spend much of her own money anymore. Most of her living costs are covered by the private estate Prince Charles manages, the Duchy of Cornwall. The revenue from the Duchy of Cornwall pays for the most of Prince Charles and his family's royal expenses: things like official travel, wardrobe, housing and staff costs.

As the Duchess of Cambridge, Kate sets fashion trends all over the world. While she herself does not retain any income from the flurry of economic activity set off by the designer clothes she wears for public appearances, she has triggered what is known as "the Kate Effect ," meaning that whatever she wears more or less sells out immediately across the globe.

Some designer labels she has worn have had to double their staff just to keep up with demand after a photo of her in a particular outfit is published. For you. World globe An icon of the world globe, indicating different international options.

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The best stock trading apps. Although depleted somewhat on its way down the generations it is thought that at least some was left to help the modern Middletons fund their well-to-do lifestyle. The will also specified some money should be used to pay for descendants' education. The trusts still operate and are run by a firm of solicitors in Leeds. Until recently she was working for the family firm after a brief post-graduate foray into the outside world working for retailer Jigsaw.

Money and career will no longer be a concern to Kate. As consort to Prince William she will surely be looked after in the manner she has been hoping to become accustomed to since she first met her Prince at St Andrew's. And should his father pre-decease him, his income will go stratospheric when the whole of that income is transferred to him. Currently, Prince Charles receives the annual net surplus of the Duchy of Cornwall he has no access to the capital and uses a large proportion of the income to meet the cost of his public and charitable work and a part of the income to pay for his private life and those of his wife, Camilla, and his sons, Prince William and Prince Harry.

If or when William becomes king, then his income will take on a new dimension. This system is due to be overhauled, although some claim it will leave the head of state better off [ Read the details ]. Read more from our brilliant series on Celebrity Wealth. Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use.

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