Margaret Minnicks is an online writer who writes about the royal family.
Almost every time Kate Middleton wears something, her outfit sells out in minutes. When people buy what royalty wears, it boosts the economy. Do you remember when Prince George wore a white robe when greeting President Obama? Lots of parents wanted a robe just like that for their little tots. The economy got a big boost just because of what Prince George was wearing for a short time on that particular night.
Children of Prince William and Kate Middleton boost the British economy, but Princess Charlotte contributes more to the economy than her brothers, Prince Charles and Prince Louis.
Princess Charlotte's Economy Boost
Princess Charlotte was born on May 2, 2015. She is surpassing her older brother in boosting the British economy. So far, Princess Charlotte's contribution to the British economy is predicted to be $4.5 billion during her lifetime. Princess Charlotte's selling power might one day be equal to or even surpass the selling power of her mother, the Duchess of Cambridge.
Many things are considered other than the little girl's outfits. Hair, makeup, and accessories add to Princess Charlotte's contribution to the economy. That little bow that is often seen in Princess Charlotte's hair adds to the economy when parents purchase a bow just like if for their daughters.
Prince George's Economy Boost
Soon after Prince George was born on July 22, 2013, the British economy got a big boost because he was the couple's first child. Everything the baby wore was sold out immediately which brought in money for the British economy.
What the baby was wearing when he left the hospital in his mother's arms caused parents around the world to rush out to purchase the swaddle the baby was snuggled up in. Within four hours, the website of the swaddle maker crashed. In just nine days, the New York company received over 7,000 orders from parents who wanted to purchase that item.
The second child's boost was smaller at birth than her older brother's. However, it will increase as Princess Charlotte grows and wears more clothes. Prince George’s economic contribution will be about $3.4 billion throughout the course of his lifetime. His sister's contribution will be much more.
Prince George's economy boost is high indeed. However, there is a good reason his contribution is not as high as his sister's. Boys' fashion is just not as big of an industry as girls' and women's. Therefore, Charlotte's boost to the economy involves more businesses than her two brothers.
Prince Louis' Economy Boost
The Duke of Duchess of Cambridge's third child, Prince Louis, was born on April 23, 2018. Viewers saw him in his mother's arms on the steps of St. Mary's Hospital ten hours after he was born. Other photos have been taken of him, his family and godparents at his christening on July 9, 2018. Since then, there have been a few more photos seen of the little prince.
Prince Louis is the youngest of the three children and fifth in line to the throne of England. He will not have the boost that Prince George had as the firstborn of his parents. He will not have the boost that Princess Charlotte has because females have a greater boost.
Also, Prince Harry and Meghan Markle married less than a month after Prince Louis was born. That overshadowed the new royal baby's boost to the economy at that time.
While it is not determined exactly how much Prince Louis will bring into the country during his lifetime, we know he will add something to the economy as he grows older and is seen more in public. At this time, it is much smaller than his siblings.