Although Prince Harry has turned his back on the Royal Family, the prince will soon receive a large sum of money from the Queen Mum’s estate.
Money was one of the most important issues when Prince Harry and Duchess Meghan decided to break away from the British royal family. As the two describe in both their Netflix documentary and Harry’s autobiography, they sought financial independence from the British taxpayer and the royal family. At the same time, they wanted to continue to serve the crown. It is now known that nothing came of it. The Sussexes are no longer working royals, they are financially independent – and yet Harry will soon benefit from his role as prince and family member.
Prince Harry will inherit more than seven million pounds
According to a report in the English newspaper “The Times”, Harry will inherit a large sum on his 40th birthday in September. To be precise: just over seven million pounds. The money comes from the legacy of the Queen Mum, the mother of Queen Elizabeth II. Before her death, the Queen Mum placed her fortune in a trust fund for her descendants, from which Harry is entitled to seven million pounds. Harry will be able to access this money from his 40th birthday. The interesting thing is that he will receive more money than his older brother, heir to the throne William.
Duchess of Sussex
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As heir to the throne, the Prince of Wales will receive money from the Duchy of Cornwall. The royal family’s private assets finance the heir to the throne – both private activities and charitable purposes. Prince Harry will receive just over half of the Queen Mum’s 14 million.
Million dollar deal with Netflix
Even after leaving the Royal Family, the Sussexes are not doing too badly financially. While Spotify ended its collaboration with the couple, Netflix has continued the cooperation. Harry and Meghan had reportedly originally signed a contract with the streaming service that would have guaranteed them around $100 million. Harry’s birthday present is almost a little financial goodie.
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Source: Stern
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
