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Prince George will one day be the King of England after his father Prince William's turn is up.

The eight-year-old football-mad Royal is currently third in line for the throne so will have a while to wait but he won't be short of things to do in the meantime if reports are to be believed.

According to Luxatic.com, Prince George is the richest kid in the world and when you consider how much money he's reputably worth and eventually stands to gain, it's no surprise.

The pocket-sized Royal is reportedly worth over $3 billion (£2.25bn) despite not having a job.

As is the case with other members of the Royal Family, Prince George’s net worth isn’t calculated by the amount of money he currently has, rather what he stands to inherit.

But where George gets some of his value is through the effect he has on the global economy, specifically in fashion.

The 'Royal effect' is the name ascribed to a peculiar phenomenon whereby any clothes that Royal's wear publically instantly sell out as fans try to emulate them.

Famously, on George's third birthday the £9 Sunuva T-shirt he was wearing sold out just an hour after the photo was shared.

Aside from fashion, one day George is expected to have access to the wealth afforded to the British monarch which will swell his finances further.

As King, George will have access to funds such as the Duchy of Lancaster, as well as money from the Government-allocated Sovereign Grant.

As Prince Charles is the current Duke of Cornwall, he has access to his own funding from the Duchy of Cornwall, as has been the case for male heirs to the throne for centuries reports the Express.

If George is created Prince of Wales when his father William ascends the throne, he will likely have access to millions of pounds through the Duchy as well.

So whichever you look at it, he's always going to be fairly well off!

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• Prince George
• Prince William

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