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The astounding net worth of Prince Philip

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It’s no secret that the royal family live a life of luxury, and must have a lot of cash to be able to do so.

You’d be right in the thinking that Queen Elizabeth II has a vast fortune to her name – $727 million ($520m USD) to be precise, according to Time.

Prince Philip’s net worth

While Prince Philip doesn’t have as big a fortune as his wife of 71-years, the Duke of Edinburgh still has a good chunk of change under his belt.

The 97-year-old is reportedly worth a cool $42 million ($30m USD), according to House Beautiful.

Prince Philip, pictured here in 2014, is reportedly worth $42 million ($30m USD). Source: Getty
Prince Philip, pictured here in 2014, is reportedly worth $42 million ($30m USD). Source: Getty

Much of his net worth has been amassed from the $657,000 (£359,000) salary he receives as a ‘Sovereign Grant’ which is granted by the British Parliament “to meet the expenses of carrying out his public duties in support of the Queen.”

As per the UK government website, Philip has received this Parliamentary annuity since his wife was crowned Queen in 1952.

The Duke officially retired from public life in 2017 – at the age of 96 – with the “full support of the Queen”.

Sandringham car crash

Philip has been in the headlines recently after his car crash last week.

Last Thursday he was driving near the Sandringham estate when his Land Rover collided with another car carrying three passengers, including a nine-month-old baby.

Last Thursday, the Duke of Edinburgh was involved in a car crash near the Sandringham estate. Source: Getty
Last Thursday, the Duke of Edinburgh was involved in a car crash near the Sandringham estate. Source: Getty

While the Duke was uninjured, the driver of the Kia, a 28-year-old woman, suffered cuts to her knee while her passenger, Emma Fairweather, 46, sustained a broken wrist.

Norfolk Police also confirmed the nine-month-old baby boy in the car was uninjured.

Since the crash, Emma has spoken out about Philip on TV, claiming he hasn’t reached out and apologised to her.

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