Prince Philip Net Worth at Death – Salary, Income, Earnings

Prince Philip Net Worth

Prince Philip had an estimated net worth of $35 million at death. Prince Philip, Duke of Edinburgh, was the husband of Queen Elizabeth II, the father of Prince Charles, and the grandfather of Prince Harry and Prince William.

Prince Philip was born on the island of Corfu in Greece on June 10, 1921. A member of the Greek and Danish royal families, Philip and his family were exiled from his homeland at a young age, and the boy later lived in France, Germany, and Great Britain.

Philip married Queen Elizabeth II before her ascent to the British throne in 1952, and their children include Prince Charles, heir to the throne, Anne, Andrew and Edward. Philip served as Britain’s royal consort for more than six decades.

To calculate the net worth of Prince Philip, subtract all his liabilities from her total assets. Investments, savings, cash deposits, and any equity he 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 his net worth:

Name: Prince Philip
Net Worth: $35 Million
Monthly Salary: $200 Thousand
Annual Income: $5 Million
Source of Wealth: Military Officer, Author, Duke of Edinburgh, British Royal Family Member

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Early Life

King Constantine I of Greece, Philip’s uncle, was forced to abdicate the throne on September 22, 1922. The military government arrested Prince Andrew, and a revolutionary court expelled him from Greece for life in December.

Philip’s family moved to France, settling in the Paris suburb of Saint-Cloud. Philip’s mother was eventually committed to a psychiatric facility, while his father relocated to the south of France, with limited contact with the rest of the family.

Philip attended the MacJannet American School before being sent to the Cheam School in the United Kingdom. During the 1930s, he moved to a German school before returning to Scotland’s Gordonstoun School, which was founded by Jewish headmaster Kurt Hahn following the rise of the Nazi party. Many of Philip’s relatives remained in Germany, including his sisters, who married into German nobility.

Philip attended the Royal Naval College after graduating in 1939, where he excelled. During WWII, he served in the British Navy while in-law family members fought on the opposing Axis side.

Mother, Siblings and Family Tree

Prince Philip of Greece and Denmark, also known as Prince Philip of Edinburgh, Earl of Merioneth, and Baron Greenwich, was the only son of Prince Andrew of Greece and Denmark and Princess Alice of Battenberg. Cecilie, Sophie, Margarita, and Theodora were his four older sisters.

Philip, while not British, had family ties to England. His maternal grandfather, Prince Louis of Battenberg, died in London shortly after his birth.

During the First World War, Louis, a naturalized British citizen, renounced his German titles and took the surname Mountbatten. As a descendant of Queen Victoria, Philip was also related to the British royal family.

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Marriage to Queen Elizabeth II

King George VI and Queen Elizabeth (the Queen Mother Elizabeth) visited the Royal Naval College in 1939. Philip accompanied their two young daughters, Elizabeth and Margaret, who were Philip’s distant cousins, through Queen Victoria. During the trip, Elizabeth, 13, developed feelings for Philip. Elizabeth and Philip began exchanging letters, which would last for several years.

After allegedly proposing to Elizabeth first, Philip allegedly asked King George for his daughter’s hand in marriage in the summer of 1946.

The king agreed, on the condition that any formal engagement be postponed until Elizabeth’s 21st birthday. In preparation for the announcement, Philip gave up his Greek and Danish royal titles, adopted the surname Mountbatten from his mother’s family, converted to Anglicanism, and became a British subject.

Philip and Elizabeth’s engagement was announced to the public on July 10, 1947. They married on November 20, 1947, at Westminster Abbey, in a ceremony that was broadcast live around the world on radio. Philip was created Duke of Edinburgh, Earl of Merioneth, and Baron Greenwich on the morning of his wedding.

Charles, Anne, Andrew, and Edward were his four children with Elizabeth. Their eldest child, Prince Charles, is the heir apparent to the throne.

On February 6, 1952, King George died, leaving Elizabeth as his heir. While traveling in Kenya, Philip and Elizabeth learned of his death. With Elizabeth’s accession to the throne, the question of the royal house’s name arose.

Elizabeth declared, on the advice of British Prime Minister Winston Churchill, that the monarchy would continue to be known as the House of Windsor, a moniker first used by her grandfather George V.

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Official Activities and Family Affairs

Philip was the queen’s consort for more than six decades, accompanying her on official duties and public appearances around the world. In addition, he was involved in the work of many organizations, particularly those concerned with the environment, sports, and education.

In the mid-1950s, Philip established the Duke of Edinburgh’s Award, with a focus on youth achievement. He played polo until 1971 and also competed in carriage and boat racing, as well as piloting airplanes, oil painting, and art collecting.

Philip was known for his outspoken nature and controversial remarks, despite largely avoiding personal scandals. In 2011, the Daily Mirror published a list of “90 classic gaffes” attributed to Philip over the years in honor of his 90th birthday.

Philip intervened in personal relationships within his family, causing conflict at times. In 1981, he put pressure on his son Charles to marry or divorce Lady Diana Spencer. When their subsequent marriage was reportedly difficult, Philip and the queen pushed for reconciliation.

After Princess Diana died in a car accident in 1997, Philip attended her funeral procession, walking alongside grandsons William and Harry.

Months later, Mohamed Al-Fayed publicly accused Philip of being a racist who planned the car accident that killed Mohamed’s son, Dodi Fayed, and Diana. However, an official inquest found no evidence of conspiracy, and the crash was ruled an accident.

Grandchildren and Great-Grandchildren

Prince William, Prince Harry, Peter Phillips, Zara Tindall, Princess Beatrice, Princess Eugenie, Lady Louise Windsor, and James, Viscount Severn are Prince Philip’s grandchildren. He also had ten great-grandchildren, among whom were Prince George, Princess Charlotte, Prince Louis, and Archie.

Health Issues

Having previously dealt with ailments such as a blocked coronary artery and a bladder infection, Philip underwent exploratory abdominal surgery in early June 2013, just days before his 92nd birthday. He was released from the London Clinic on June 17 after spending more than a week there.

For his decades of royal service, Australian Prime Minister Tony Abbott made Philip a knight of the Order of Australia in early 2015. Philip, the longest-serving royal consort in British history, announced in May 2017 that he would retire from public engagements in the summer. He was hospitalized again a month later with an infection, but was said to be in “good spirits.”

Philip was admitted to King Edward VII Hospital in London for hip replacement surgery in April 2018, after missing the traditional Maundy and Easter services. The surgery went well, and the prince was released from the hospital eight days later.

Philip was admitted to a London hospital in February 2021 as a “precautionary measure” after feeling ill. He was transferred to St. Bartholomew’s Hospital in London two weeks later, “where doctors will continue to treat him for an infection, as well as conduct testing and observation for a pre-existing heart condition.” On March 3, he underwent “successful” surgery for his heart condition.

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Death and Funeral

Philip died at Windsor Castle on the morning of April 9, 2021. He was 99. His funeral was held at St. George’s Chapel in Windsor on Saturday, April 17. Due to COVID-19, only 30 members of the royal family attended, who sat socially separated and wearing masks.

At his request, Philip’s casket was driven to the church in the back of a custom Land Rover instead of a traditional hearse.

Members of the royal family, including Philip’s children and some of his grandsons, walked behind the Land Rover in the half-mile procession from Windsor Castle to St. George’s Chapel, wearing his naval hat, a sword given to him by his father-in-law, a flag representing his Greek and Danish heritage, and flowers chosen by the queen with a note she reportedly signed with her nickname, “Lilibet.”

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