July 23 - As the world awaits the first glimpse of the royal baby boy, Joel Flynn takes a look at how much Prince William and his wife Kate's first born is set to inherit.
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Talk about born with a silver spoon in your mouth!
Kate and William's child stands to inherit over a billion dollars!
That's after totting up the total net worth of The Queen at 660 million, Charles at 370 million, and William at 20 million dollars.
The Queen's wealth comes from her castles and palaces, a huge art collection, a fruit farm AND her stamp collection!
Factor in things like tourism and the crown jewels and the Royal Family business could be worth a whopping $67 BILLION.
Of course all this is withouth the royal baby having lifted a finger yet.
And it's not including Kate's family's own multi-million pound estate, or her parents party planning business, said to be worth 45 million dollars.
Her millionaire uncle has apparently ear-marked a 100,000 dollar rocking elephant.
BUT although it could be the richest royal baby in modern history, it could also break with royal tradition.
Kate and William have vowed to be thoroughly modern parents.
And just because their first-born is third in line to the throne won't stop that.
The Duke and Duchess are planning on hiring ZERO nannies -- instead caring for the kid themselves
SOUNDBITE: Royal Historian, Hugo Vickers, saying (English):
"What we've seen with William and Kate up to date is that they lead as normal a life as they possibly can given the rather curious world in which they live. So you can be fairly certain they both will be very hands on parents and they will be very anxious to give the child as normal an upbringing as possible."
So while Baby Cambridge could become one of the richest royals ever, he or she can also expect to be more like the rest of us than any royal baby before.
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