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at the end of the main video i mentioned the title of baronet and since ive gotten some questions about it let me explain in order of precedence baronets are below barons but above most knights but a baronet is not a noble rank at all they are not peers of great britain they are commoners just like knights unlike knights however their titles are hereditary the title was created in 1611 by king james the first to raise funds for his military james offered the title to land-owning gentlemen whose annual income was at least one thousand pounds a year to receive the title these gentlemen had to pay the crown 1095 pounds which at the time was enough to maintain 30 soldiers for three years