Princess Beatrice, 32, and husband Edoardo Mapelli Mozzi, 38, tied the knot lat year in front of 20 guests in Windsor.
The Royal couple are now expanding their family, and recently announced the happy news that they are expecting their first baby in the autumn.
The statement from Buckingham Palace read: "Her Royal Highness Princess Beatrice and Mr Edoardo Mapelli Mozzi are very pleased to announce that they are expecting a baby in autumn of this year.
"The Queen has been informed and both families are delighted with the news."
The lucky baby will be born into the wealth of the Royal family, but won't receive a Royal title.
Beatrice and Edo have a staggering net worth, but not just because of the Royal family. Edo was already a multimillionaire before he met Beatrice.
This will come in handy when they welcome their first child! Here we take a closer look at their net worth, and how they make their money.
Princess Beatrice and Edoardo Mapelli Mozzi net worth
Princess Beatrice's net worth is an estimated £3.5million, according to Insider. Together with her husband's wealth, saying they are comfortable would be an understatement.
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Beatrice is a princess by birth, but because she is less senior than Prince William, she and her sister Princess Eugenie have been entitled to more privacy.
She has a full time job, which she does alongside charity work and some Royal duties.
Beatrice works in finance and consulting, and is currently the Vice President of partnerships and strategy at software firm Afinity.
The website explains: “Beatrice is responsible for the management of the strategic Afiniti partnerships as well as company growth through unique initiatives and client development."
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Princess Beatrice is also supported by her father Prince Andrew. As it says on his website, he "supports both his daughters financially from his private income."
Meanwhile, her husband was also born into a rich family, but he is also a successful businessman.
He founded real estate firm Banda in 2007, which finds and develops high value property.
Edoardo currently works as the CEO for the property company, but his exact net worth isn't widely known.
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But he has reportedly developed more than 400,000 sq ft of real estate in London, worth an estimated £700million, according to Hello Magazine.
Edoardo is also the co-founder of Cricket Builds Hope, a charity organisation that reaches Rwandans how to play cricket.
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