Prince Harry
Representatives told Forbes in 2021 that Harry was not a beneficiary of any of the $100 million left to the royal family by his great-grandmother, the Queen Mother. However, after the death of his mother, Princess Diana, Harry and William inherited part of their mother’s estate on their 25th birthdays, which was around $10 million each, according to Forbes.
Prince Harry is the youngest child of King Charles III and his late wife, Diana, Princess of Wales. Harry, who is Queen Elizabeth II’s grandchild, is the Duke of Sussex and is the husband of Meghan Markle, the Duchess of Sussex. He is also the younger brother of Prince William and the father of Queen Elizabeth’s great-grandchildren: Archie Harrison Mountbatten Windsor and Lilibet Diana Mountbatten Windsor, who is named after the Queen’s childhood nickname.
In a CBS interview with Oprah Winfrey and his wife in March 2021, Harry revealed that he used his trust from his mother to support him and his family after his father, Prince Charles, cut him off financially at the start of 2020 following Harry and Meghan’s exit from the British royal family and move to the United States. “I had to afford security for us,” Harry said at the time. “[I was cut off] in the first quarter of 2020. But I’ve got what my mom left me and without that, we would not have been able to do this.”
According to Us Weekly, though Diana’s will stated that her estate would be distributed to William and Harry when they turned 25, the funds were held until they were 30. Despite the hold, the brothers were still able to receive interest on their trust funds earlier. While Harry and William were the chief heirs of Diana’s estate, the People’s Princess’s will also list others with whom she wanted to share her wealth, including her butler, Paul Burrell, as well as 17 of her godchildren, according to Worthy.
On September 15, 2024, the Duke’s 40th birthday, he was reported to have received more than $10 million from a family trust fund set up by Queen Elizabeth, the Queen Mother, when he was 10 years old. He received the first payment when he turned 21.
A former Palace aide told The Times of London: “There was a trust fund set up at the time. 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 was a way in which some of her estate could be ring-fenced for them.”
