Over60
Money & Banking

Princess Diana’s nephew set to inherit fortune

Louis Spencer is set to one day inherit his family’s incredible historic estate.

27-year-old Louis is the youngest son of Charles Spencer, and yet he is still heir to his father’s earldom thanks to England’s primogeniture rules.

These archaic set of laws sees that titles are passed down to firstborn sons.

His inheritance will include the Althorp estate, where Louis' late aunty Princess Diana lived from the age of seven until her marriage to Prince Charles.

It also the place where the royal is buried.

Louis' sister Lady Kitty Spencer recently addressed the issue of primogeniture while speaking to Town and Country, calling it a "tricky" topic.

"[A]s times are changing, attitudes are as well," she said.

"I'm relaxed about it, because I know that it's all out of everyone's hands. As it stands, it's Louis to inherit, and Louis will do an incredible job."

Louis' status as the Spencer heir, along with being the first cousin to Prince William and Prince Harry are both major reasons as to why he's considered one of

 the world's most eligible royals.

In 2019, Tatler magazine included him in a list of unmarried men from royal families that included Denmark's Prince Nikolai, Prince Mateen of Brunei and Prince Constantine Alexios of Greece.

Louis, whose title is Viscount Althorp, is the fourth child and only son of Charles Spencer and his first wife, Victoria Lockwood.

His older sisters are Lady Kitty and twins Lady Amelia and Lady Eliza.

While he and his sisters prefer to lead a relatively private life, the family made headlines when they were guests at Harry's wedding to Meghan Markle at Windsor Castle in 2018.

Tags:
Prince Diana, Charles Spencer, louis spencer, Money & Banking, finance