His Royal Highness was born in Fairfax, Virginia on 15 January 1982. He is the fraternal twin of Prince Alexander and second in the line to the Throne after Hereditary Prince Peter. He is the son of HRH Crown Prince Alexander II and HIRH Princess Maria da Gloria of Orleans Bragança. Prince Philip is the grandson of the HM King Peter II and HM Queen Alexandra. His Godparents are HM King Constantine of the Hellenes, HM the Queen of Spain and HRH the Duchess of Calabria.

Prince Philip lived in Virginia until 1984. Together with his twin brother, he first attended kindergarten in London. In 1990 at the age of eight, he attended one of London’s top preparatory schools. In June 2000, Prince Philip graduated from The King's School Canterbury in England having obtained three "A" levels in Spanish, Government and Politics, and Geography, and ten GCSE's (General Certificate of Secondary Education).

He partook in an exchange programme with the Universidad Complutense Madrid in Spain. Prince Philip graduated from University College London (UCL) with a Bachelor of Arts Honours in Humanities and following that he worked for Landsbanki and Teather & Greenwood in the City of London. Prince Philip finished École hôtelière de Lausanne (EHL) Switzerland and worked in the hospitality field in London. He is now working in the financial area in London.

Prince Philip speaks English, Spanish and French, and is continuing his Serbian studies.

Prince Philip enjoys skate boarding, surfing, scuba diving and snowboarding. He is interested in painting, music, computers and science. Before the 5 October 2000 revolution, he travelled to Serbia in 1991 and Bosnia in 2000. On 17 July 2001 Prince Philip and The Royal Family took up residence in The Royal Palace in Belgrade. He has travelled throughout Europe, the United States, and has visited the Middle East, Asia, South East Asia, Central and South America.