Most of Prince Philip’s discreet $ 14 million fortune goes to his widow.
Prince Philip’s fortune of £ 10 million ($ 14 million) is believed to have been largely left to the Queen.
The late Duke of Edinburgh made his fortune from the gifts he received, along with his collection of books, art, political and royal cartoons.
David McClure, royal finance expert, said, “Philip’s transformation from a cash-strapped prince in marriage to a billionaire duke upon death shows how royal gifts have become an important source of wealth.”
While he estimated it at £ 10 million (US $ 14 million), The Mail on Sunday estimated his net worth at £ 28 million (US $ 39 million) a few years ago.
It is predicted that the Duke’s children and grandchildren will receive some of his assets, but most of his assets will likely go to the Queen.
It is believed his art collection will be transferred to the Royal Collection Trust.
Prince Philip’s rise was certainly revealing. After the death of his father, Prince Andrew of Greece and Denmark, Philip inherited moth-eaten suits, a shaving brush, monogrammed hairbrushes and a gold signet ring that he wore for the rest of his life.
At the time of his engagement to Princess Elizabeth, he was earning less than £ 350 (US $ 490) a year as a First Lieutenant in the Royal Navy.
His uncle Lord Mountbatten’s butler revealed that his wardrobe was “scarcer than many bank clerks.”
He often came to Mountbatten’s London home with only a razor, and the butler would stop his socks and wash and iron his only shirt at night. ‘