Baby Henry is the latest in line to the Badminton estate (stock photo) (Image: Getty Images/iStockphoto)

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A baby boy who will inherit a £315million fortune has been born.

Little Henry is set to become the Marquess of Worcester, after his father Bobby and grandfather Harry, Duke of Beaufort, who shed the title when they married.

As well as a prestigious moniker, the young boy will inherit the £315million Badminton estate as the first-child of the first-child, Gloucestershire Live reported.

The baby is at least the second blue-blooded youngster to be born this month – the other being Harry and Meghan's second child Lilibet Diana Mountbatten Windsor.

The Duke of Beaufort hailed news that his son and wife Lucy Yorke-Long had welcomed the little one.

One day all of this will be his

The one time rocker, who now lives at the family's Cotswold seat, said: "‘I am absolutely delighted.

"It is with great pride that I have become a grandfather for the first time.

Bobby and Lucy held their wedding at the family's 40-bed, Gloucestershire mansion on the 52,000-acre estate in September last year.

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Afterwards the happy couple went riding into the sunset, leaving their guests waving from outside the extraordinarily large home.

Only 40 family and friends could attend the celebrations at the country estate, where the likes of Princes Charles, William and Harry play polo.

Lucy Yorke-Long married into the family
(Image: 2012 Nick Harvey)

Bobby was long considered one of the country's most eligible landed men
(Image: 2014 David M. Benett)

The bride was pictured in a beautifully cut but plain, sleeveless, flared white gown which showed off her slim figure.

Both Bobby’s sister Isabella, 29 and Lucy’s sister Aalish captured the big day on their social media accounts.

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The couple met through mutual friends when they were seated next to each other at a dinner party and both families will no doubt be delighted by the baby news.

The recently married Duke said he was “absolutely delighted” when the pair got engaged and Bobby's mother, the Duke's ex-wife, Tracy, said: “My kids and I are thrilled to have Lucy as part of our family– we all adore her.

"She is sunny, intelligent and thoughtful – a joy to be with. Lucky Bobby.”