As Prince Harry approaches his 40th birthday on September 15, he is set to receive a substantial financial gift that sets him apart from his royal sibling, Prince William. This eye-popping cash windfall, unlike William’s ceremonial bell concert at Westminster Abbey, will mark a significant moment in Harry’s life, thanks to arrangements made by his late great-grandmother, Queen Elizabeth the Queen Mother.
According to reports, the Queen Mother established a $90 million trust fund for her family, with a specific stipulation that Harry would gain access to his share upon turning 40. The Times reveals that this arrangement will see Harry pocketing a whopping $8.5 million, a sum that surpasses what his brother William is set to receive.
While Prince William, as the heir to the throne, will benefit from the tax-exempt Duchy of Cornwall—a vast private estate funding his public, charitable, and private activities—Harry’s windfall is a direct cash injection. A source highlighted, “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. As a result, Harry is likely to receive slightly more than half of the £14 million allocated for the brothers.”
This generous inheritance will undoubtedly bolster the Duke and Duchess of Sussex’s net worth, which currently stands at an impressive $60 million. Their fortune has been significantly enhanced by various high-profile projects undertaken since they stepped back from royal duties and relocated to the United States in 2020.
Setting up their new life in Montecito, California, Harry and Meghan Markle have not shied away from controversy. They launched several high-profile attacks on Harry’s estranged relatives, creating a major rift within the royal family. Their explosive interview with Oprah Winfrey, followed by the release of their six-part Netflix documentary and Harry’s tell-all memoir “Spare,” have kept them in the spotlight and further increased their earnings.
Adding to their financial endeavors, Markle is poised to launch a new lifestyle brand, American Riviera Orchard, which is projected to generate a seven-figure income in its first year alone. This venture, alongside their other commercial activities, ensures that the Sussexes maintain their lavish lifestyle while continuing to stir the pot with the royal family.
Despite the drama, Harry’s upcoming $8.5 million gift will be a welcome addition to their wealth, underscoring the financial advantages he still enjoys from his royal lineage. However, unlike William, Harry will have to pay taxes on his future commercial earnings, a small caveat in an otherwise substantial payout.
As Harry and Meghan continue to carve out their unique path away from traditional royal duties, their financial and public endeavors show no signs of slowing down. With Harry’s 40th birthday on the horizon and new projects in the pipeline, the Sussexes remain a formidable and controversial presence on both sides of the Atlantic.