Have you ever found yourself staring at an aggressive giant hat and saying to yourself, wow, do you know who it would look good on? Literally nobody, but maybe Princess Beatrice!, a person who loves hats and has the budget to buy as many as she wants because she’s really busy.
Although she’s not a ‘working royal’, Princess Beatrice has a bank account full of twopence, farthings, halfpence and other extremely British coins – and her net worth is quite impressive. It’s time to sift through her sources of income (hint: multiple trust funds) to find out how she affords all those creepy hats.
She got a trust fund when her parents divorced
If you’re not making millions from the end of your parents’ marriage, you’re simply wrong! Bea and her sister Eugenie received a ton of money during the divorce of disgraced Prince Royal Andrew and Sarah Ferguson in the mid-90s. How, you ask? Basically, the terms of the divorce stated that a trust would be created for Fergie and her daughters, and they would have gotten £3million from the British royal family as part of the settlement. £1.4million was paid to Beatrice and Eugenie, with Fergie (presumably) keeping the rest.
She also has a trust fund from her great-grandmother
What, your great-grandmother didn’t leave you a colossal amount of money? Me neither, so we can be bitter together. Luckily for Beatrice, her great-grandmother (aka Queen Elizabeth’s mother, the Queen Mother) decided to leave most of her possessions to her great-grandchildren. In 1994, the Queen Mother went ahead and invested £19million (about two-thirds of her money) in a trust fund for this generation – and guess who got the most? According The Guardian, that would be Prince William and Prince Harry, who split £6million from the trust at age 21 (Harry got most of it because he doesn’t get all the perks that come with being a future king) and split another £8million when they turn 40. Note: Prince William turned 40 this year, so to figure out if he already has his share or if he has to wait until Harry turns 40 as well.
Either way, that leaves around £5million for Her Majesty’s other grandchildren, although that amount is presumably higher these days. Depending on how these funds have been invested, £5m can do a lot of growth in about 30 years.
She had some real jobs
Before we get to Beatrice’s 9 to 5, know that while she’s a working royal, she’s not a “working royal.” This means that unlike her cousin Prince William, Princess Beatrice does not receive money from the Sovereign Grant, taxpayers’ money which covers the salaries of members of the Royal Family who attend to public engagements on behalf of of the Queen.
Because she’s not busy working for the Crown, Beatrice has had time for other full-time jobs over the years, including at Sony Pictures (where her salary was leaked during the Sony hack. ..interestingly, it was relatively low) and software company Afiniti, where she worked as Vice President of Strategic Partnerships.
She got caught up in $ drama with her dad
This is all very complicated, but Prince Andrew was recently accused of fraud by Turkish millionaire Nebahat Evyap Isbilen, and Princess Eugenie and Princess Beatrice were named in the case. More details here, but by the telegraph, Isbilen has accused former Goldman Sachs banker Selman Turk of taking £40million, and allegedly included in that a payment of £750,000 transferred to Prince Andrew’s account and described as a wedding gift for the bride. Princess Beatrice. Beatrice was unaware of any of this, and the money has since been refunded.
So, what is Princess Beatrice’s net worth?
Celebrity Net Worth reports that she is worth around $1 million, but it is unclear whether or not these are liquid assets or if her trust funds are included. Anyway, this sum does not take into account her marriage to the millionaire real estate developer Edoardo Mapelli Mozzi!
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