Kate Middleton Net Worth 2022 (Forbes) – Salary, Income, Earnings

Kate Middleton Net Worth

Kate Middleton has an estimated net worth of $12 million. Kate Middleton, Her Royal Highness the Duchess of Cambridge, married Britain’s Prince William in 2011 at Westminster Abbey. She is the mother to Prince George, the third in line to the throne, Princess Charlotte and Prince Louis.

When Kate Middleton married Prince William at Westminster Abbey in London on April 29, 2011, she became Catherine, Her Royal Highness, Duchess of Cambridge. Queen Elizabeth II bestowed the title on Kate shortly before the ceremony.

On July 22, 2013, amid an international media frenzy, Middleton gave birth to Prince George, third in line to the throne. On May 2, 2015, she gave birth to a daughter, Charlotte, fourth in line to the throne, followed by another son, Louis, on April 23, 2018.

To calculate the net worth of Kate Middleton, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets.

All debts, such as personal loans and mortgages, are included in total liabilities. 

Here’s the breakdown of her net worth:

Name: Kate Middleton
Net Worth: $12 Million
Monthly Salary: $100 Thousand
Annual Income: $3 Million
Source of Wealth: British Royal Family Member, Duchess of Cambridge

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Parents and Siblings

Michael and Carole Middleton are Kate Middleton’s parents. Philippa (“Pippa”), her younger sister, and James, her younger brother, are her siblings.

Kate came from a working-class family of coal miners and builders on her mother’s side. Dorothy Goldsmith, her maternal grandmother, encouraged her children to aim high. As a result, Kate’s mother became an airline hostess, which was a very glamorous job at the time.

Carole met Michael Middleton, an airline dispatcher whose wealthy family hails from Leeds and has ties to British aristocracy, while working at British Airways. Soon after, the couple married.

Her parents established a mail-order party goods business in 1987. The company was a surprise success, and the Middletons became multi-millionaires as a result.

Early Life and Education

Catherine Elizabeth Middleton was born on January 9, 1982, in Reading, Berkshire, England. Kate and her siblings were well-off as a result of their parents’ business and newfound wealth.

Kate went to prestigious boarding schools such as St. Andrew’s Prep School, Downe House, and Marlborough College. Her time at boarding school was not without its challenges. Kate left Downe House, an exclusive all-girls boarding school, at the age of 14 due to bullying and taunts from other students.

Some particularly mean-spirited boys began rating incoming students based on attractiveness and personality on her first day at co-ed Marlborough. Kate received a two out of ten.

Despite the setbacks, Kate excelled in her studies, earning 11 GCSEs and three A-levels.

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Prince William and Kate Middleton

Middleton met William as a student at the University of St. Andrews in Fife, Scotland, in 2001. On April 29, 2011, the couple married at Westminster Abbey in London.

Friends First

Middleton and William shared a college dormitory, St. Salvator’s Hall. They had several classes in common on their course schedule and quickly became friends.

While they frequently shared breakfast and walked to classes together, the two were not initially romantically interested in each other. Middleton was dating senior Rupert Finch, while William was dealing with the press and adjusting to his new school.

Royal Romance

Middleton wore a revealing dress to an exclusive fashion show fundraiser in 2002. William attended the charity event as well and became intrigued and interested in Kate in a new way. He attempted to romantically engage her that evening, but Middleton, who was still in a relationship with Finch, turned down the future king’s advances.

Middleton’s boyfriend graduated at the end of the 2002 school year, and the couple soon parted ways due to distance issues. Middleton, who was newly single and entering her sophomore year, and several friends were invited to share a flat with William, which provided the perfect setting for their budding romance.

Middleton’s life didn’t change much at first. The couple kept their relationship private, owing to the prince’s aversion to the media. The couple agreed not to be seen holding hands in public or sitting together at dinner parties. For the most part, this seemed to confuse the press.

However, Kate was photographed by paparazzi while on a royal family ski trip in 2004. Her relationship with William became the focus of intense scrutiny, and by 2005, she had become a tabloid darling. That summer, the two graduated together, with Middleton receiving an honors degree in art history.

Middleton was given her own 24-hour security detail from the Royalty and Diplomatic Protection Department in February 2006. This fueled speculation that Middleton was being groomed for a position in the royal family. However, with William off to a military academy, Middleton was left to deal with the paparazzi frenzy on her own.

Public Split

Middleton and William announced their divorce in April 2007. William allegedly ended the couple’s five-year relationship over the phone after being pressured by the royal family to either propose or let Middleton move on with her life.

However, media reports stated otherwise, as Middleton was seen attending several royal events with the prince only a few months later. According to other rumors, the couple was living together. The rumors were denied by both parties.

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Marriage Proposal and Kate Middleton’s Engagement Ring

Middleton and William announced their engagement on November 16, 2010. During a vacation in Kenya, the prince proposed to Kate by giving her the engagement ring worn by his mother, Princess Diana. Crown jeweler Garrard created the ring, which features a 12-carat oval Ceylon sapphire set in white gold and surrounded by 14 solitaire diamonds.

The ring was reportedly inspired by a brooch made in 1840 for Prince Albert as a wedding gift for Queen Victoria, which she wore as her “something blue” on her wedding day. The design is now available for purchase at Garrard. “It’s lovely—I hope I take good care of it! It’s one-of-a-kind “Middleton revealed this during the couple’s official engagement interview.

Following their marriage, the couple announced that they would live in North Wales, where William was stationed with the Royal Air Force.

Kate Middleton and Prince William’s Wedding

Kate Middleton wore a Sarah Burton gown to her April 29, 2011 wedding to William, a fact that remained a closely guarded secret until the big day. She also wore a tiara given to the Queen Mother by her husband, King George VI, in 1936, which Queen Elizabeth II loaned to Middleton for the occasion.

Shortly before the wedding, Queen Elizabeth bestowed the title Catherine, Her Royal Highness the Duchess of Cambridge, on Kate.

The wedding reportedly cost close to $34 million, with $32 million going toward security. Sir Elton John and David and Victoria Beckham were among the guests; 23 million people watched the ceremony live on television.

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Kate Middleton’s Children with Prince William

Prince George

Middleton gave birth to her son, Prince George Alexander Louis of Cambridge, on July 22, 2013, at 4:24 p.m. local time. He weighed 8 pounds and 6 ounces. Prince George is the third in line to the British throne, after Prince Charles and Prince William.

On December 3, 2012, St. James Palace officially announced that Middleton and William were expecting their first child, after nearly a year of baby rumors and much speculation. Middleton was hospitalized with acute morning sickness at King Edward VII hospital in London on the same day as the announcement.

In anticipation of the birth of Middleton and William’s first child, international media outlets began establishing a regular presence in front of St. Mary’s Hospital in Paddington, London, in July 2013. The same hospital where Princess Diana gave birth to William and later Prince Harry was St. Mary’s.

Princess Charlotte

At 8:34 a.m. local time on May 2, 2015, Middleton gave birth to a daughter, Princess Charlotte Elizabeth Diana, weighing 8 pounds, 3 ounces, at St. Mary’s Hospital. The infant was the Queen’s fifth great-grandchild and fourth in line to the throne following her brother, Prince George. In September 2014, the couple announced their second pregnancy.

Prince Louis

At 11:01 a.m. local time on April 23, 2018, Prince Louis Arthur Charles was born weighing 8 pounds, 7 ounces at St. Mary’s Hospital. After Prince Charles, Prince William, Prince George, and Princess Charlotte, and before Prince Harry, Prince Louis will be fifth in line to the throne. Big sister Charlotte maintains her lead thanks to a recent change in succession rules that favors birth order over gender.

In September 2017, Kensington Palace announced that the Duke and Duchess of Cambridge were expecting their third child. The statement revealed that the Duchess of Cambridge was suffering from severe morning sickness, known as Hyperemesis Gravidarum, as she had with Prince George and Princess Charlotte’s pregnancies.

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Careers

Middleton is the Duchess of Cambridge full-time. She did, however, work in other fields before marrying William and after graduating from college.

Finding a job as the prince’s girlfriend was difficult; the position had to be respected by the royal family while also allowing Middleton the flexibility to leave at a moment’s notice to be with the prince.

Middleton finally found work as an assistant accessories buyer with the British clothing chain Jigsaw in London in November 2006. It was later revealed that she left the company to pursue a career in portrait photography.

Middleton had been working on plans to start a new bakery business with her brother, James, who ran The Cake Kit Company, it was revealed in 2010. The company’s goal was to encourage children to cook and to make it easier to bake party cakes.

Topless Tabloid Controversy

Middleton made headlines in September 2012 when Closer magazine published photos of her sunbathing topless in southern France. The photos were quickly reproduced in Irish and Italian publications.

The British royal family became involved in a legal battle to obtain the rights to the photos as soon as the news broke about them in Closer, in the hopes of preventing other publications from printing them. According to the Los Angeles Times, the photos were not picked up by any British news outlets.

On September 18, 2012, shortly after Closer published the photos, the royal family won their copyrights in court: a judge ordered the French magazine to hand over the photos within 24 hours of the court’s decision, according to the Los Angeles Times. If Closer did not meet the 24-hour deadline, it faced daily fines of $13,000, as well as fines for any reprints of the photos.

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Foundation and Mental Health Advocate

Middleton collaborated with her husband and his brother Harry to form the Heads Together initiative to raise awareness of mental health issues through The Royal Foundation of The Duke and Duchess of Cambridge. They announced the launch of a website in January 2018 to provide resources for teachers and schools seeking assistance in this area.

“We know that mental health is an issue for all of us – children and parents, young and old, men and women – from all walks of life,” Middleton said. “I’ve seen time and again that there is so much to be gained from talking about mental health and treating our children’s mental health as seriously as we do their physical health. When we intervene early in life, we help avoid problems that are much more difficult to address later in life.”

Following the outbreak of the novel coronavirus in April 2020, the Duke and Duchess committed to using their foundation to assist frontline responders and families during the health crisis.

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