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Harry is set to inherit a large amount of money from his late great-grandmother
Prince Harry is set to receive a substantial £7 million windfall in the coming weeks.
This inheritance is part of a trust fund established by his great-grandmother, the late Queen Mother, who had amassed an estimated fortune of £70 million.
According to Australian magazine New Idea, citing The Times, Prince Harry will gain access to his share of the £7 million when he turns 40 on September 15.
In addition to this inheritance, Prince Harry and his wife Meghan Markle have secured significant earnings from their Netflix deal, signed in September 2020.
They also receive financial support from the tax-exempt Duchy of Cornwall. Their combined net worth is estimated to be around $60 million (£46 million).
Due to the financial structures within the Royal Family, Prince Harry is expected to receive a larger portion of the inheritance compared to his older brother Prince William.
As the second in line to the throne, Prince William benefits from the extensive wealth managed by the Duchy of Cornwall, which supports both public and private activities of the heir to the throne. Consequently, Harry is likely to receive slightly more than half of the £14 million allocated between the brothers.
Despite their substantial wealth, the Duke and Duchess of Sussex are considered among the less affluent members of their social circle.
