Following Prince Philip’s death, a fortune was left behind – here’s who will inherit it.

Many people are curious about Prince Philip's net worth and who will inherit his wealth after his death at the age of 99. The Duke of Edinburgh, like his wife, Queen Elizabeth II, amassed a significant amount of money during his lifetime. We'll go into detail on what could happen to it now that he's gone, but first, a little history on the Iron Duke himself.

Philip was born into royalty as the Prince of Greece and Denmark, even before he married the Queen. Prince Andrew of Greece and Denmark and Princess Alice of Battenberg were in line for the Greek throne until he was eighteen months old, when they were banished. Princesses Cecilie, Margarita, Sophie, and Theodora, his four oldest sisters fled to France. Philip was trained in Paris (and then Germany and the United Kingdom) before entering the Royal Navy of the United Kingdom at the age of 18 in 1939.

By March 1939, Philip had become a naturalized British citizen and had taken his mother's surname Mountbatten, leaving his Greek and Danish royal titles. He also started exchanging letters with Queen Elizabeth in that year, whom he would later marry in 1947.

Lieutenant Mountbatten was officially elected Duke of Edinburgh, Earl of Merioneth, and Baron of Greenwich on the eve of their wedding, and granted the title of His Royal Highness. Along with his wife, the Queen, Prince Philip inherited these royal titles and went on to amass a vast array of riches and wealth. So, what really was Prince Philip's net worth?

Prince Philip's remuneration

As the Queen's husband, Prince Philip received a royal pension of about $500,00 (£400,000) per year from the Sovereign Grant, an official expense account funded by British taxpayers. While it's unknown if Philip continued to collect this allowance after his resignation from official royal duties in 2017, he did have access to funds received through the Duchy of Lancaster's private portfolio of properties, lands, and assets. Her Majesty receives a private benefit from the Duchy of Lancaster estate as Queen.

The pair is often thought to share a portfolio of stocks and property inherited from the Queen's relatives, including Scotland's Balmoral Castle and England's Sandringham Estate.

Who will be the heir to Prince Philip's fortune?

Since the majority of Prince Philip's estate was shared between him and the Queen, Her Majesty is likely to keep Philip's fortune after his passing. Prince Charles, 72, Princess Anne, 70, Prince Andrew, 61, and Prince Edward, 57, are the royal couple's four children. They are also likely to inherit a portion of Philip's assets as his offspring.

What is Prince Philip's net worth?

According to Celebrity Net Worth, Prince Philip had a net worth of about $30 million (£24 million) at the time of his death in April 2021.