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Prince Harry received an inheritance from his late mother, and I believe he received the money when he turned 30. He ended up using some of that money to move to California with Meghan and Archie, as they set up their new lives. In those chaotic days in 2020, the Duke and Duchess of Sussex ended up signing contracts with Netflix and Spotify, and then Harry became the Chief Impact Officer of BetterUp. Don’t forget Harry’s book deal, which probably ended up being the most profitable and successful move of his new American life. Many in the publishing industry estimated that Spare’s sales more than justified his advance and that he made millions beyond his advance. The point is that the Sussexes have money now, they have many different revenue streams and they had to do commercials deals so that they could pay for their private security. Well, according to random British reporting, Harry will soon collect a seven-figure check from a dead relative. His great-grandmother, the Queen Mum, left money for Harry and Prince William in a trust. The money will be released to Harry on his 40th birthday in September.
Prince Harry is set to receive a rather hefty 40th birthday present later this year, according to a report. The Duke of Sussex will turn 40 on Sept. 15, and an eye-popping cash gift awaits him as he ventures into his 40s.
Unlike his estranged brother Prince William, who received a ceremonial bell concert at Westminster Abbey on the milestone birthday, Harry will get a huge payout thanks to 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 listed that Harry was to access his share of the trust when he turned 40 as one of the fund’s stipulations, the Times reports. Still, Harry will have to pay tax on his future commercial earnings, the outlet adds.
The father of two is reportedly set to receive a whopping $8.5 million from his share — which is more than William is slated to get, the Mirror reports. As the heir to the throne, William will in turn 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 public, charitable, and private activities of the king’s heir,” a source told the outlet. “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 reps for the Harry and Meghan Markle for comment. The outlet notes that the hefty sum of money will be a welcome addition to the Duke and Duchess of Sussex’s net worth, which currently sits comfortably at about $60 million.
The Sussexes are worth $60 million, true or false? I would say false, especially after the success of Spare. I don’t think $60 million is a crazy underestimate, but I would guess that their net worth is probably more like $80 million (including real estate). While the inheritance is nice, they’re trying to make it sound like the Sussexes are desperate for any kind of cash infusion. I don’t think they are. As for Huevo getting less money from the Queen Mum… I’m pretty sure that’s the way Diana’s estate was set up as well, with Harry receiving more money than William beecause William is “the heir.”
Photos courtesy of Cover Images.
Prince Harry The Duke of Sussex arrives for the annual WellChild Awards 2023 at the Hurlingham Club in London.
Featuring: Prince Harry, Duke of Sussex
Where: London, United Kingdom
When: 07 Sep 2023
Credit: PA Images/INSTARimages
**NORTH AMERICA RIGHTS ONLY**
Prince Harry The Duke of Sussex arrives for the annual WellChild Awards 2023 at the Hurlingham Club in London.
Featuring: Prince Harry, Duke of Sussex
Where: London, United Kingdom
When: 07 Sep 2023
Credit: PA Images/INSTARimages
**NORTH AMERICA RIGHTS ONLY**
Prince Harry, Duke of Sussex attending the final day of the One Year to Go Event before the Invictus Games Vancouver Whistler 2025 and go curling at the Vancouver Curling Club at Hillcrest Community Centre
Featuring: Prince Harry, Duke of Sussex
Where: Vancouver, Canada
When: 16 Feb 2024
Credit: Dutch Press Photo/Cover Images
**NOT AVAILABLE FOR PUBLICATION IN THE NETHERLANDS OR FRANCE**
Prince Harry, Duke of Sussex and Meghan Markle, Duchess of Sussex attending the final day of the One Year to Go Event before the Invictus Games Vancouver Whistler 2025 and go curling at the Vancouver Curling Club at Hillcrest Community Centre
Featuring: Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex
Where: Vancouver, Canada
When: 16 Feb 2024
Credit: Dutch Press Photo/Cover Images
**NOT AVAILABLE FOR PUBLICATION IN THE NETHERLANDS OR FRANCE**
Prince Harry, Duke of Sussex attending the final day of the One Year to Go Event before the Invictus Games Vancouver Whistler 2025 and go curling at the Vancouver Curling Club at Hillcrest Community Centre
Featuring: Prince Harry, Duke of Sussex
Where: Vancouver, Canada
When: 16 Feb 2024
Credit: Dutch Press Photo/Cover Images
**NOT AVAILABLE FOR PUBLICATION IN THE NETHERLANDS OR FRANCE**
The Duke of Sussex during the awards ceremony after he played in a polo match during the Royal Salute Polo Challenge, to benefit Sentebale, at The USPA National Polo Center
Featuring: Prince Harry, Duke Of Sussex
Where: Wellington, Florida, United States
When: 12 Apr 2024
Credit: PA Images/INSTARimages
**NORTH AMERICA RIGHTS ONLY**
The Duke and Duchess of Sussex after arrive at the Royal Salute Polo Challenge, to benefit Sentebale, at The USPA National Polo Center.
Featuring: Prince Harry, Meghan Markle
Where: Wellington, Florida, United States
When: 12 Apr 2024
Credit: PA Images/INSTARimages
**NORTH AMERICA RIGHTS ONLY**
The Duke and Duchess of Sussex after arrive at the Royal Salute Polo Challenge, to benefit Sentebale, at The USPA National Polo Center.
Featuring: Prince Harry, Meghan Markle
Where: Wellington, Florida, United States
When: 12 Apr 2024
Credit: PA Images/INSTARimages
**NORTH AMERICA RIGHTS ONLY**
