Charlotte Elizabeth Diana, the four-month-old daughter of Prince Williams and his wife, Kate, is worth nearly $5 billion (N1 trillion) to the British economy, Brand Finance has revealed.
On the other hand, her brother, George, who would someday be king, is worth $3.6 billion.
According to CNN Money, the princess is still trailing her mother Catherine, the Duchess of Cambridge, whose contribution is estimated at $7.2 billion.
The ‘Charlotte effect’ is said to have brought a huge uplift to fashion and other brands the little princess has worn or been associated with since her birth.
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David Haigh, chief executive officer of Brand Finance, revealed that her birth generated economic benefits of more than $150 million.
“The unofficial endorsement of Charlotte, George and Kate in particular has a profound financial effect running into millions annually,” he said.
Charlotte, who has only made two public appearances since her birth – the day she was born, and during her christening – is said to be generating impressive amount of money for British businesses.
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The $100 lacy shawl she wore when her parents introduced her to the world has been selling fast ever since, the makers have confirmed.
“The shawl is still very popular; we have seen a big increase in orders from all around the world in the last couple of months, thanks to all the media coverage,” Gillian Taylor, director at G.H. Hurt & Sons, said.
Brand Finance estimates also revealed that the royal family is worth $87 billion (N17.4 trillion) in total, adding $1.8 billion to the British economy every year.
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1 comments
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