His Royal Highness passed away peacefully this morning at Windsor Castle.
Further announcements will be made in due course.
The Royal Family join with people around the world in mourning his loss," the statement read.
He also underwent a procedure on his heart for a pre-existing condition.
Philip’s funeral has been set for April 17.
The service will take place at St. George’s Chapel at Windsor Castle.
“What’s interesting is who he’ll give it to,” royal author David McClure said.
“The most efficient way is to pass it spouse to spouse.
If he left his entire estate to the Queen there’d be no tax to pay on it.
The Royal Family keeps it in the family when it comes to inheritance.
Traditionally, they pass it on to the next in line,” McClure added.
