Lili will not be the first member of the Royal Family whose name commemorates Diana, who would have celebrated her 60th birthday on July 1.
This time, punters were once again convinced Harry and Meghan would include a royal tribute in their daughter's name, with Philippa, Diana and Elizabeth all receiving strong odds.
Lilibet was born at 11:40am local time 19:40 BST, weighed 7 lbs 11 oz and is now "settling in at home". Both Markle and Lilibet are healthy and well.
Her first name, Lilibet, is a nod to the Queen's nickname.
The Sussexes also announced that their daughter, who will be known as Lili, has the middle name Diana, to honour her "beloved late grandmother".
Congratulations to the royal fam!
"We are all delighted by the happy news of the arrival of baby Lili". According to US Weekly, later that month past Archie's birth, Prince William spoke to the members of the press and advised his younger brother regarding the parenting.
Baby Lili is a sister for the couple's two-year-old son, Archie Harrison.
They quit their roles as senior working royals in March 2020 and now live in California. The baby is the eighth in line to the British throne.
The little girl was born just days before what would have been Prince Philip's 100th birthday.
The interview threw the family into crisis, deepening a rift between Harry and William, and with his father, heir-to-the throne Prince Charles.
Meghan had previously disclosed that she suffered a miscarriage last summer in a moving opinion piece for the New York Times.
The Duke and Duchess of Sussex have announced the birth of their second child, a baby girl.
"Grateful, having any child, any one or a two would have been wonderful, but to have a boy and then a girl. now we've got our family and we've got four of us", proud dad Harry stated.
Meghan said her son Archie was denied a royal title by the Palace in an interview with Oprah. "We've got, you know, the four of us and our two dogs".