Prince Harry to Receive Millions in Royal Inheritance as He Turns 40
As Prince Harry celebrates his 40th birthday, reports have surfaced about a trust fund set up by the Queen Mother for her great-grandchildren. The fund was established to pass down a portion of her estate in a tax-efficient manner, ensuring that her descendants would receive a slice of her wealth when they reached certain milestones.
A former staffer revealed to the BBC that Prince Harry and his brother, Prince William, each received ÂŁ6 million when they turned 21. The majority of the funds went to Prince Harry, who is also known as the author of the book Spare. Additionally, it was reported that another ÂŁ8 million was earmarked for the siblings to receive when they turned 40.
Other beneficiaries of the trust fund include Princess Anne’s children, Zara and Peter Phillips, Prince Andrew’s daughters, Beatrice and Eugenie, as well as Princess Margaret’s children, Viscount Linley and Lady Sarah Chatto.
With Prince Harry reaching the age of 40, he is set to receive a substantial sum from the trust fund, adding to his existing wealth and assets. The inheritance is a testament to the Queen Mother’s foresight in planning for the financial future of her great-grandchildren, ensuring that they would be provided for as they grew older.
While the exact amount that Prince Harry will receive has not been disclosed, the inheritance is expected to bolster his financial security and provide him with additional resources to support his charitable endeavors and personal interests.
As Prince Harry marks this significant milestone in his life, the royal inheritance serves as a reminder of his family’s legacy and the support that has been put in place to secure his future.