HARRY’S $8.5 MIL INHERIT
When he turns 40
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, 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.
More than William
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=.
“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. Their net worth was largely boosted thanks to the several high-profile projects they’ve taken on since quitting royal life in 2020 and moving to the US.
American currency
After setting up camp on Montecito, Calif., the duo launched several attacks on Harry’s estranged relatives, causing a major rift between them and the Windsor clan.
The pair went on to sign on the dotted line for a series of tell-all projects, each of which revealed details about life in the palace. After sitting down for an interview with Oprah Winfrey, the Sussexes (below) went on to release their six-part Netflix documentary, as well as Harry’s protocol-shattering memoir, “Spare.” And it’s recently been reported that Harry is considering publishing a followup book.
The pair are also in for a big payday with the forthcoming launch of Markle’s lifestyle brand, American Riviera Orchard, which is reportedly on track to make a whopping sevenfigure sum in its first year.