Former Royal - Seven million for the 40th - why Prince Harry is expected to become a financial blessing soon
Prinz Harry is one of the most significant themes as Prince Harry and Duchess Meghan decided to break away from the British Monarchy. According to their Netflix docu-series and Harry's autobiography, they sought financial independence from the British taxpayer and the Monarchy. However, they still wished to serve the Crown. It's now known that this didn't turn out as planned. The Sussexes are no longer working royals, financially independent they are – and yet, Harry will soon profit from his role as Prince and family member.
Prince Harry to Inherit Over Seven Million Pounds
According to a report in the English "The Times," Harry will inherit a significant sum of money on his 40th birthday in September. Exactly: Slightly over seven million pounds. The money comes from the estate of Queen Mum, the mother of Queen Elizabeth II. Before her death, the Queen Mum put her fortune into a trust fund for her heirs, and Harry stands to receive seven million pounds from it. He can access this money from his 40th birthday. The intriguing part: He will receive more money than his elder brother, the heir to the throne, Prince William.
As the Prince of Wales, William receives money from the Duchy of Cornwall. The private estate of the Royal Family finances the Prince of Wales – both his private activities and charitable causes. Of the 14 million pounds of the Queen Mum's estate, Harry receives something more than half.
Million-Dollar Deal with Netflix
Even after leaving the Royal Family, the Sussexes' financial situation isn't too shabby. While Spotify ended their collaboration, Netflix continued the cooperation. Initially, reports suggest Harry and Meghan signed a deal with the streaming service worth approximately 100 million dollars. So, Harry's birthday present is quite a financial treat.
Sources: "Times" / "Mirror" / "Forbes"
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After leaving the Royal Family, Prince Harry and Duchess Meghan still had a significant financial boost with their Netflix deal, worth approximately $100 million. Despite ending their collaboration with Spotify, Netflix continued to support the Sussexes. In a surprising turn of events, Harry is set to inherit a significant sum of money from Queen Mum's estate, totaling over seven million pounds, reported by The Times. Interestingly, this amount surpasses the amount Prince William, the heir to the throne, will receive from the same estate.
The British newspaper The Times revealed that Harry will receive this inheritance on his 40th birthday in September. The money comes from Queen Elizabeth II's mother's trust fund, where she had placed her fortune before her death. As the Prince of Wales, Prince William receives funds from the Duchy of Cornwall, a private estate of the Royal Family that supports his private activities and charitable causes. However, Harry has been allocated something more than half of the 14 million pounds from the Queen Mum's estate, according to the reports.