The royal baby now has a name, Kensington Palace announced Wednesday.
Prince George Alexander Louis, born Tuesday in London, is now the third in line to the British throne, after his father, Prince William, and grandfather, Prince Charles.
Clarence House tweeted the official title of the son of the Duke and Duchess of Cambridge:
The baby will be known as His Royal Highness Prince George of Cambridge.
— Clarence House (@ClarenceHouse) July 24, 2013
George had been a top choice among those taking bets on William and Kate's baby name, as Business Insider reported. Some happy Britons can now cash in on their slice of the serious money to be made from all the royal hype.
More from GlobalPost: Amid the celebrations in Britain, royal baby fatigue sets in
The kingly name has its roots in the family, according to the Washington Post:
George - his great-great-grandfather Alexander - goes back to 13th century kings of Scotland Louis - his dad's name http://t.co/kJuJHgafcP
— Washington Post (@washingtonpost) July 24, 2013