Net worth calculations take into account the children's anticipated future legacy as well as their individual impact on the UK economy. Charlotte's remarkable net worth is primarily attributed to her influence in the world of fashion. Although her net worth has experienced a 12% decrease compared to 2021, she still outshines her brother, Prince George. This is largely due to what is known as the "Kate Middleton effect," where fashion choices made by the Royal Family have a significant impact on fashion trends, as highlighted in the publication.
The evidence lies in the fact that whenever Kate wears an outfit, it sells out almost immediately. Charlotte has inherited her mother's ability to stimulate and influence the economy through her fashion choices. Like Kate, Charlotte often dons designs from renowned fashion houses such as Alexander McQueen, as well as popular brands like John Lewis, Next, and Zara, as reported by The Sun. Her wardrobe often features floral printed dresses with short puff sleeves and collars. On colder days, she complements her look with tights and showcases hand-embroidered tops with intricate ruffles and Peter Pan collars. Additionally, she favors cardigans, hair bows, knee-high socks, and classic leather shoes.
As Charlotte grows older, the world will undoubtedly be captivated by her evolving sense of style. From her teen years to her twenties, the "Princess Charlotte effect" is expected to gain even more prominence. Kate's profound impact on the British fashion industry cannot be ignored, with British brands generating over £1 billion in annual sales, as revealed by research conducted by Brand Finance. Kate was named the most influential person in Royal fashion, and items she wears experience a 38% increase in appeal to shoppers, solidifying her position as a fashion icon.
Kate's influence on fashion has been recognized globally, with her appearance on the cover of British Vogue's 100th-anniversary issue in June 2016. The enduring effect of the "Kate Middleton effect" shows no signs of abating. Similarly, as Charlotte's style continues to evolve, Kate's fashion choices have also transformed, embracing bolder and more sophisticated looks, including pantsuits. This evolution adds to the allure of her wardrobe and further reaps benefits from her fashion choices.