Princess Beatrice has started a new job as a director at Purpose Economy Intelligence Ltd, it can be revealed.
The Princess of York has partnered with a senior figure at the World Economic Forum (WEF) on the venture, for which she will also hold a 45 per cent shareholder stake.
Luis Alvarado Martinez, a Spanish-born executive who has worked at the WEF since 2021, will also hold a 45 per cent shareholder stake at the company.
The existence of Purpose Economy Intelligence and Beatrice’s new role were revealed via new filings with the United Kingdom’s Companies House.
According to the filing, the venture spans “business and domestic software development”, other information technology service activities”, and “management consultancy activities”.
The other ten per cent of the business is held by Beatrice’ longtime private secretary Olivia Horsley.
Beatrice, who is currently ninth in line to the British throne, does not complete full time royal duties and has built an impressive career working in partnerships for tech firms.
She also juggles a small number of royal patronages, including Forget Me Not Children’s Hospice, the York Musical Society, the Helen Arkell Dyslexia Centre, and the British Skin Foundation.
Most recently, Beatrice became the new royal patron of the Chartered College of Teaching – a role once filled by her grandfather Prince Philip.
Nevertheless, plans for an even larger royal role for Beatrice may have been scuttled amid the ongoing fallout surrounding their disgraced father Prince Andrew.
The business news comes after a report claiming Beatrice and her younger sister Princess Eugenie could stand to one day inherit the lease on the palatial Royal Lodge.
Andrew, 64, holds a binding 75-year lease on the lodge that will not expire until 2078.
According to property expert Raj Chohan, the Duke of York may be legally entitled to pass down the remaining lease to his daughters in future without voiding the agreement.
“Royal Lodge is part of the Crown Estate,” she told GB News.
“Since the Epstein scandal (for which the Duke has repeatedly denied any allegations against him), Prince Andrew has been stripped away from royal duties, which would mean as the Crown is funded through taxes and he is not now fulfilling formal duties, this would now not form part of his estate.
“We don’t know the legal contracts (but) we would assume that (Beatrice and Eugenie) would take the property.”