Today Kensington Palace contains the offices and London residences of The Prince and Princess of Wales, The Duke and Duchess of Gloucester, The Duke and Duchess of Kent and Prince and Princess Michael of Kent.
Kensington Palace Gardens, often called Britain's most expensive street, is home to billionaires like Lakshmi Mittal and Roman Abramovich. Other notable residents include JK Rowling, Stella McCartney, and Simon Cowell.
Today, the palace acts as an upmarket housing estate for the British Royal Family, functioning as an exclusive form of shared accommodation in which members of the royal family and palace staff live side by side.
In 2022, William and Kate moved their home base from Kensington Palace to Adelaide. According to royal sources, the family picked family friendly Windsor so that their children could have a somewhat normal childhood in a more rural setting.
Nicknamed Billionaire's Row because, well, you kind of have to be one to afford a property there, Kensington Palace Gardens is one of London's most exclusive addresses, home to royals, tycoons and oligarchs. Read on for all the goss on this super-rich enclave…
Approximately 50 People! Who Lives In Kensington Palace Now? | ROYAL FLAIR
Where do most billionaires live in London?
Let's take a walk through London's most prestigious neighbourhood's. When it comes to luxury, Knightsbridge is unmatched. Home to Harrods, Hyde Park and some of the city's most elegant residences, this area is a magnet for international billionaires, celebrities and royals alike.
As well as being a popular visitor destination, Kensington Palace is the official London residence of TRH The Prince and Princess of Wales and their children. The Duke and Duchess of Gloucester, The Duke and Duchess of Kent and Prince and Princess Michael of Kent are also based in the palace's royal apartments.
Her untimely death in a car crash in 1997 prompted an unprecedented outpouring of public grief. Her blue plaque marks Flat 60, Coleherne Court, in Kensington, where she was living just before and during her courtship with the then Prince of Wales.
What is the most expensive place to live in Kensington?
According to mortgage lender Halifax, Phillimore Gardens in Kensington is officially the most expensive street in the UK, with an average house price of £23.8 million.
“Everyone keeps saying William will take away Andrew and Harry's titles when he becomes king, but he literally can't do that without an act of Parliament,” the source added. “There is absolutely no way William would do that, as it would bring even more attention to the issues with them both.”
While some royals live at Kensington Palace for free in exchange for public royal duties, there are a few family members who are expected to pay rent on their super-exclusive properties.
A tree-lined avenue half a mile long studded with embassies, Kensington Palace Gardens is one of the most expensive residential streets in the world, and has long been known as "Billionaires Row", due to the huge wealth of its private residents, although in fact the majority of its current occupants are either national ...
Officials noted the number of people who are homeless in the city has increased about 12% from last year. The city estimates that about 675 people are living on the street in Kensington, but only about 75 have been consistently living in the targeted stretch.
Many MP's live in Kennington as well as celebrities including Greg Davies and Evan Davis. Charlie Chaplin and Bob Marley also lived in Kennington for a period of time.
To date, the lavish home belongs to the current Earl Spencer, Diana's brother Charles. And once he dies, his son Louis, Viscount Althorp, will inherit the estate — meaning the Prince of Wales or Duke of Sussex will not be entitled to the 90-room property.
Last week, news broke the Prince of Wales and his wife will relocate to Forest Lodge in Windsor Great Park with their three children, Prince George, 12, Princess Charlotte, 10, and Prince Louis, 7. They will remain even after William becomes King.
'A fresh start': William and Kate to move to new Windsor home. The Prince and Princess of Wales are set to move into a new home in Windsor. William and Catherine will move to the eight-bedroom Forest Lodge in Windsor Great Park, with their children George, Charlotte and Louis.
Kate and William are moving to Forest Lodge, their "forever home." Royal biographer and expert Robert Lacey previously told The Telegraph of Buckingham Palace. "I don't think it was ever loved." He continued, "If you read what kings have said in their diaries, it was always seen as an office.
Wallis was buried at the Royal Burial Ground, Frogmore, next to her husband. The Princess of Wales said afterwards that it was the only time she had seen the Queen weep. The media reported that per Wallis's wishes a series of her love letters to Edward would be published after her death.
Today. St James's Palace is still a working palace, and the Royal Court is still formally based there, despite the monarch residing elsewhere. It is also the London residence of Princess Anne, Princess Beatrice, and Princess Alexandra.
In 1981, in the part of the palace that King George I had built for his mistress, the Duchess of Kendal, Apartments 8 and 9 were combined to create the London residence of the newly married Prince of Wales and his wife, Diana, Princess of Wales.