On September 15, Prince Harry will be celebrating his 40th birthday, and he is set to receive a significant gift. Queen Elizabeth has arranged for him to inherit approximately $8.5 million. This inheritance comes from a trust fund set up by the late Queen Mother, which was originally intended for the royal family and is worth around $90 million. It was decided that Harry would receive his share of this fund when he turned 40.
However, not everyone in the royal family is pleased with this arrangement. According to Closer magazine, Prince William and Princess Kate have expressed their concerns, questioning whether Harry truly deserves such a large sum of money. A source close to the family mentioned that William is particularly upset. He feels that Harry is once again benefiting financially without having to work for it. The source added that William is frustrated that Harry will be taking millions back to his home in Montecito, California, without lifting a finger.
This tension between the brothers is further complicated by the strained relationship between Harry, Meghan, and the rest of the royal family. The source revealed that William and Kate have deep mistrust towards Harry and Meghan, which makes it even harder for them to accept Harry receiving this inheritance. William feels that Harry is being rewarded despite what he sees as poor treatment towards the family.
Interestingly, despite the discord, Harry’s share of the inheritance is expected to be larger than William’s. This is because William, as the next in line to the throne, has access to the vast wealth of the Duchy of Cornwall, which supports his public, charitable, and private activities. Therefore, Harry is likely to receive slightly more than half of the £14 million set aside for both brothers.
It’s important to note that Harry will be required to pay taxes on the money he receives. Currently, Harry and Meghan have an estimated net worth of around $60 million, so this inheritance will add significantly to their wealth.
Prince Harry’s 40th birthday is certainly a milestone to celebrate, but it also highlights underlying tensions within the royal family. While the gift from Queen Elizabeth is generous, it has sparked differing opinions and may continue to affect the dynamics within the family. Regardless, this inheritance will undoubtedly play a significant role in shaping Harry’s future and his life going forward.