Prince William frustrated as queen Elizabeth left behind $30M inheritance for Harry and Meghan
Sovereign William and Kate Middleton are reportedly disturbed by the $8.5 million legacy Prince Harry is set to receive in just a few weeks.
Due to arrangements made by his late great-grandmother, Queen Elizabeth the Queen Mother, the Duke of Sussex, who will turn 40 on September 15th, will receive a substantial payout as he enters his 40s.
One of the terms of the trust fund stipulated that Harry would have access to his portion of the trust when he turned 40.
The late Queen Elizabeth II’s mother contributed $90 million to the fund. The reason Prince Harry has had to wait until his 40th birthday to receive his substantial legacy has been revealed by a prominent royal author.
The Duke of Sussex, who will turn 40 on September 15th, is set to receive a huge payout as he enters his 40s due to the arrangements made by his late great-grandmother, Queen Elizabeth the Queen Mother.
The late Queen Elizabeth II’s mother put $90 million into a trust fund for her family, and specified that Harry was to access his portion of the trust when he turned 40 as one of the fund’s conditions.
Furthermore, royal author Christopher Andersen claims the father of two had to wait for his lucrative gift for a good reason for four decades. “Why 40?” Andersen told Fox News. “For a woman who nearly lived to 102, 40 seemed like the ideal age to get some extra money while still being young enough to appreciate it, and old enough to hopefully be wise enough not to waste it.”
“Obviously, the sovereign’s great-granny could never have guessed all the trouble Harry caused the rest of the family. I think she would have removed him from the trust had she known.”
According to *The Mirror*, Harry is reportedly going to receive a whopping $8.5 million from his share, which is more than William received on his 40th birthday. This is in contrast to his estranged brother, Prince William, who celebrated the occasion with a ceremonial bell concert at Westminster Abbey.
The substantial amount of cash will be a welcome addition to Harry and his wife Meghan Markle’s net worth, which currently sits comfortably at about $60 million. Kinsey Schofield, host of the podcast *To Di For Daily*, told the publication that Prince Harry is set to receive more money than Prince William because he is “the spare.”
William, the heir to the throne, has benefited from the private, tax-free Duchy of Cornwall, which supports his public, charitable, and private endeavors. Last week, Prince William’s eye-popping compensation was revealed in the annual report, which showed that the Prince of Wales received $30 million from the Duchy of Cornwall estate during the 2023-24 fiscal year.
However, despite his impressive income, William has refused to disclose what he paid in taxes, breaking his father, King Charles’s, tradition that spanned over 30 years. The report also revealed William’s first action as the estate owner, which was removing Queen Camilla’s sister from the payroll after 20 years.