New Princess of Wales Kate Middleton may not inherit Princess Diana’s wedding tiara, but her daughter Princess Charlotte will. Following the death of Queen Elizabeth II on Thursday, King Charles III in his first speech as monarch formally conferred the title of Prince and Princess of Wales on Prince William and Kate. The pair have already updated their social media to reflect the change in roles. Insider’s Jake Epstein and Samantha Grindel reported that no one has taken the title of “Princess of Wales” since William’s mother, Princess Diana. Although Kate already has the engagement ring that once belonged to Diana, another piece of her wedding jewelery – the diamond tiara she wore at her wedding in 1981 – is said to be passed on to Charlotte. According to Hello! Magazine, the Spencer tiara was unveiled at an exhibition in London earlier this year, accompanied by text saying that Diana’s eldest granddaughter would one day own the tiara. “In the mid-1970s, John Spencer, 8th Earl Spencer, inherited the tiara. It was then worn by all three of his daughters at their weddings: Lady Jane in 1978, Lady Sarah in 1980 and finally Lady Diana the following year in 1981,” the text read, according to the outlet. The tiara was most recently worn by Celia McCorquodale — niece of the 10th Earl Spencer Charles — at her wedding in spring 2018. The Spencer Tiara is now set to be inherited by Princess Charlotte.” Princess Diana wearing her wedding tiara at a state dinner in Brisbane, Australia on April 11, 1983. File Jayne Fincher/Princess Diana/Getty Images Representatives for the Prince and Princess of Wales did not immediately respond to Insider’s request for comment. Hello! writes that the tiara remains in the Spencer family for now. Vogue reported in June that the small crown was assembled in 1930 by luxury jeweler Garrard from old Spencer jewels and diamonds. The floral centerpiece was a gift to Lady Cynthia Hamilton for her wedding to Diana’s grandfather. Celebrity hairstylist Sam McKight, who worked with Diana, also told the publication that the late princess liked the Spencer tiara because it was light and didn’t hurt.