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Prince Harry to Receive $8.5 Million Birthday Gift from Trust Fund
Prince Harry is set to receive a substantial financial gift for his 40th birthday later this year.
The Duke of Sussex, who will turn 40 on September 15, is reportedly in line to receive an eye-popping cash gift as he ventures into his 40s.
Unlike his estranged brother Prince William, who received a ceremonial bell concert at Westminster Abbey for his milestone birthday, Harry will get a substantial payout thanks to arrangements made by his late great-grandmother, Queen Elizabeth, the Queen Mother.
According to the Times, the Queen Mother had placed $90 million into a trust fund for her family, stipulating that Harry could access his share upon turning 40.
The father of two is reportedly set to receive a whopping $8.5 million from his share, more than William is slated to receive.
As the heir to the throne, William will benefit from the tax-exempt Duchy of Cornwall, a private estate that funds his public, charitable, and private activities.
William will benefit from the vast wealth of the Duchy of Cornwall, a private estate that funds the kingship’s public, charitable, and private activities,” a source told the Mirror.
“As a result, Harry is likely to receive slightly more than half of the £14 million allocated for the brothers.”The Post has reached out to Kensington Palace and representatives of Harry and Meghan Markle for comment.
This significant sum will add to the Duke and Duchess of Sussex’s net worth, currently at about $60 million. Several high-profile projects have primarily boosted their wealth since they returned from royal duties in 2020 and moved to the United States.
After relocating to Montecito, California, the couple launched several projects revealing bombshell details about life within the royal family, causing a significant rift between them and the Windsor clan.
These projects include a high-profile interview with Oprah Winfrey, a six-part Netflix documentary, and Harry’smemoir, “Pare.”Reports suggest that Harry is considering publishing a follow-up book.
Additionally, Meghan Markle is set to launch a new lifestyle brand, American Riviera Orchard, expected to generate a substantial seven-figure income within its first year.
Harry’s upcoming birthday gift from the trust fund highlights the ongoing financial dynamics and differences between him and his brother, Prince William, as they forge their paths.
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