The Duke of Sussex turned 40 last week and whilst it’s not known what gifts his nearest and dearest showered him with, reports seemed to indicate that he would be receiving an incredible gift all the way from England – a large sum of money his great-grandmother, the late Queen Mother, had left him in a Trust Fund set up back in 1994.
The original report about the Trust Fund was first published by The Guardian in April 2002, and it revealed that Prince William and Harry would both collect £8m upon reaching the age of 40.
At the time, estimates put the Queen Mother’s overall worth at nearly £70m.
“This money has come largely from shrewd investments which include paintings, a valuable Faberge egg collection, china and jewellery, though most of this will be passed to the Queen as it is part of the royal collection,” the BBC reported at the time.
In 1994, according to reports, she put aside two-thirds of her money into a trust fund for her great-grandchildren, which at the time, William and Harry aside, included Princess Anne’s children Zara and Peter Phillips and Prince Andrew’s daughters Beatrice and Eugenie together with Princess Margaret’s children Viscount Linley and Lady Sarah Chatto.
Prince Harry has reportedly received inheritances from both his mother and the late Queen Mother
In a new episode of A Right Royal Podcast, which you can listen to below, hosts Andrea Caamano, Emmy Griffiths and Emily Nash talk to royal author and broadcaster Victoria Murphy about Harry’s big birthday payout, with Victoria sharing her confusion about the whole story and its origin.
Elsewhere in the episode, Victoria reveals her thoughts on the royal family’s congratulatory posts on social media for Harry.
News
‘Sick’ Meghan Markle notably missing from Prince Harry’s side
Prince Harry recently attended a star-studded charity event hosted by Kevin Costner, marking his second year participating. The event, held at Costner’s Santa Barbara property, aims to raise funds for First Responders. At the event, Harry presented an award to…
Kate planning Christmas carol service after finishing chemotherapy
The Princess of Wales held a meeting about the event with aides and members of her Royal Foundation at Windsor Castle. It comes after she revealed earlier this month she had completed her chemotherapy treatment following her cancer health scare….
Prince William, Kate Middleton’s family called out for alleged Photoshop fail in new holiday photo
Prince Louis was accused of missing a finger in the royal family’s 2023 Christmas portrait The Prince and Princess of Wales’ attempt to spread holiday cheer backfired after they were accused of Photoshop mishaps. Prince William and Kate Middleton…
Princess Kate and Prince William ‘have no relationship’ with Prince Archie and Princess Lilibet
‘Every time you ask a question about Prince Harry to anybody close to Prince William, the barriers go up,’ Cameron Walker said The Prince and Princess of Wales “don’t have any relationship” with Prince Harry and Meghan Markle’s children Prince…
Prince William Makes Appearance in Wales After Kate’s Cancer Update
Royal Visit Celebrates Welsh Language and Culture In a heartwarming visit to a local school, the Royal Highness engaged with students who proudly showcased their Welsh language skills and cultural performances. The event began with a school-wide singalong, with the…
How Princess Kate Overcame a Challenging Year
Having been diagnosed with cancer and undergoing the gruelling treatment of chemotherapy, there was never any doubt that the Princess of Wales’ year has been a tough one. Kate herself admitted in June that while she was tentatively planning to ease back…
End of content
No more pages to load