He is the only son of the late James Carnegie, 3rd Duke of Fife, and his former wife Caroline Dewar. He was styled Earl of Macduff until 1992, and then Earl of Southesk until succeeding his father on 22 June 2015 as the fourth Duke of Fife. As a great-great-grandson of Edward VII, he is in the line of succession to the British throne.
Carnegie graduated from Pembroke College, Cambridge, in 1982 with a Bachelor degree.
He was employed by London-based stock brokerage firm Cazenove between 1982 and 1985. In 1986, he received the Master of Arts degree given to Cambridge graduates who have an earned Bachelor. He was also educated at Royal Agricultural College in Cirencester, Glouchestershire. Between 1988 and 1989, Carnegie was with the Edinburgh based investment management firm of Bell, Lawrie and Company.
He graduated from the University of Edinburgh, Edinburgh, in 1990 with an Master of Business Administration degree.
Between 1992 and 1996, he was with chartered accountants and financial advisors Reeves and Neylan. As of 2003, he lives at Kinnaird Castle in Angus, Scotland.
Kinnaird is one of the Carnegie family seats. 13th Earl of Southesk (Peerage of Scotland) Earl of Macduff (1961–1992) Earl of Southesk (1992–2015) His Grace The Duke of Fife (2015 – present).
13th Earl of Southesk (Peerage of Scotland) 4th Earl of Macduff (Peerage of the United Kingdom) 13th Lord Carnegie of Kinnaird (Peerage of Scotland) 13th Lord Carnegie, of Kinnaird and Leuchars (Peerage of Scotland) 5th Baron Balinhard of Farnell in the County of Forfar (Peerage of the United Kingdom) 10th Carnegie Baronet (Baronetage of Nova Scotia).
