Prince Harry is about to celebrate his 40th birthday next week, and it comes with a significant financial boost.
Prince Harry will reportedly become eligible to receive a large sum on September 15 from a trust set up by Queen Elizabeth the Queen Mother when he was ten years old.
In 1994, the Queen Mother set aside £19 million tax-free for her great-grandchildren. They would receive the inheritance in two installments: the first at 21 and the second at 40.
Palace insiders believe that Harry could have been left more money than his estranged brother, William. Sources suggested that the differing sums may have been based on the Queen Mother’s assumption that William would be entitled to a larger fortune from the Duchy of Cornwall as the future heir.
Harry always had a close bond with his great-grandmother. In an interview with Tom Bradby last year, following the release of his bombshell memoir “Spare”, he shared the sweet nickname he had for her.
Harry said: “I had a proper laugh with my Gan-Gan then. You know, she was so close to my father as well, and that relationship was something I recognised but never really thought about in detail at the time.