In a world that is peppered with nepo baby discourse, it’s easy to let our minds wander when we mull over who the richest child in the world is.

We may first be drawn to Blue Ivy Carter, the 12-year-old daughter of Beyoncé Knowles and Shawn ‘Jay Z’ Carter, but we’d be wrong.

As per MSN, while Blue Ivy is worth upwards of $500 million, that’s nothing compared to the actual richest kid.

Nor is it North West, the daughter of Kim Kardashian and Kanye West, who Yahoo surmise is worth somewhere between $50 million and $375 million.

It’s not even the future King of England, 11-year-old Prince George – who has the second spot on the rich list, with a net worth of £2.8 billion.

Third is RZA, the son of Rihanna and A$AP Rocky… who is reportedly worth just shy of a billion.

So, who is the richest child?

The richest child in the world is in fact Princess Charlotte.

She’s worth an eye-watering £3.9 billion – a figure which will no likely grow as she ages and has a more active role in public life.

If you were wondering, Prince Louis is worth £97.9 million – which is still nothing to moan about, obviously.

GB News ascribe Princess Charlotte’s net worth to the ‘Kate effect’ – her striking resemblance to her mother, Kate Middleton.

As per Brand Finance, Kate is ‘the most powerful royal fashion influencer’.

According to them, items of clothing and accessories adorned by Kate shoot up in desirability by 38 percent with American fashion buyers.

As Kate is photographed wearing a specific look, the items likely sell out almost instantaneously – leading many designers to dream of dressing the Princess.

Like the ‘Kate effect’, it’s believed that her huge net worth is also becasue of Charlotte’s inheritances she will gain in the future and investments that have already been made.

Setting her up as a style icon from a young age, Kate often co-ordinates her outfits with those of her daughter.

During Christmas at Sandringham, while Charlotte was pictures wearing a blue and green tartan jacket, her mum Kate wore a navy suit paired with a blue and green tartan scarf.