Prince Harry given £8 million by Royal Family member leaving William 'unhappy'
Prince Harry is set to get a £8 million inheritance on his 40th birthday - but Prince William will suffer a blow. Prince Harry will get the cash injection from the late Queen Mother, who sadly died at the turn of the 21st Century.
During their time in the royals, Harry and Meghan Markle were mostly funded by King Charles' Duchy of Cornwall estate. Now Harry is set to receive a substantial inheritance of up to £8million on his 40th birthday next week.
It is courtesy of a trust fund established by his late great-grandmother, the Queen Mother. The Duke of Sussex will inherit more than his elder brother, Prince William, due to a strategic arrangement made by the Queen Mother in 1994.
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She reportedly allocated two-thirds of her fortune into a trust for her great-grandchildren, with the foresight that William would eventually benefit from the Duchy of Cornwall's wealth. Harry was designated a larger portion of the inheritance as a result.
A former Palace aide told The Times: "It was a way in which the Queen Mother could set aside money for when her great-grandchildren were older and a way of passing a slice of her estate down in a tax-efficient way."
It's understood that William and Harry received £6million between them at 21, with a further £8 million to be distributed upon turning 40. Royal author Christopher Andersen, speaking to Fox News, suggested: "Of course, the prince's great-granny couldn't have anticipated all the trouble Harry caused the rest of the family. I think she would have cut him out of [the trust] entirely had she known."
William is reportedly unhappy with the sum, given Harry's departure from senior royal duties and subsequent public criticisms of family members. A Clarence House spokesperson clarified that Charles had allocated "a substantial sum" to support the Sussexes' transition out of royal roles.