Rupert Hartley/Rex / Rex USA
Jennifer Davis
Jan 31, 2013 @ 4:18 pm

Prince William and Kate Middleton’s baby isn’t expected to arrive for another few months, but the future prince or princess is already set to inherit quite the fortune. According to a royal decree dating back to the 14th century, their child's inheritance will include land and estates that are today worth approximately £348 million pounds or $550 million dollars, Bloomberg reports. The future monarch will also receive all of this tax-free! Nevertheless, he or she will still have to work for the deeds, as it will be their job to oversee the estates, attend to royal duties, and, obviously, be all-around fabulous.

Plus, see Kate's style moments ever!

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