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Friday June 21, 2024

Prince Harry's inheritance exceeds Prince William's in surprising twist

This increase in Prince Harry's share reportedly came from their great-grandmother Queen Elizabeth

By Web Desk
April 01, 2024
The late Princess Diana left a considerable inheritance for her sons upon her tragic passing in 1997
The late Princess Diana left a considerable inheritance for her sons upon her tragic passing in 1997

Recent revelations indicate that Prince Harry received a larger inheritance sum than his brother, Prince William.

This increase in Prince Harry's share reportedly came from their great-grandmother Queen Elizabeth The Queen Mother's estate after her passing in 2002.

The estate, estimated to be worth around £70 million, comprised valuable assets and property contents left to her daughter, Queen Elizabeth II.

In 1994, the Queen Mother had directed two-thirds of her fortune into a trust fund intended for her great-grandchildren.

Reports shared on Daily Express suggested that Prince Harry was the primary beneficiary of this trust, receiving a larger portion compared to Prince William.

This discrepancy in inheritance allocation can be attributed to the differences in the princes' future financial prospects. 

As the first in line to the throne, Prince William stands to inherit substantial royal assets and resources upon ascending to the throne, while Prince Harry, as the younger sibling and fifth in line to the throne, is positioned further down the line of succession. This disparity likely influenced the distribution of the inheritance.

The late Princess Diana, mother to both princes, left a considerable inheritance for her sons upon her tragic passing in 1997. 

Initially, just under £13 million was allocated to Prince William and Prince Harry, a figure that dwindled to £8.5 million after accounting for death duties.

However, astute investments overseen by royal advisors saw this amount swell to over £20 million over the years. Both Princes Harry and William gained access to these funds upon reaching their twenties.

Since their departure from royal duties, Prince Harry and Meghan Markle have embarked on a journey towards financial autonomy.

Their relocation to the United States, particularly to California, saw them invest in a lavish £12.8 million mansion, partially funded by an £8.3 million mortgage.

Prince Harry's estimated personal net worth stands at around £48 million, with Meghan's wealth thought to be similar, reflecting their collaborative financial endeavors and joint projects.