Connect with us

NEWS

Breaking: Prince Harry inherits $10 million from the royal family on his 40th birthday…

Published

on

Breaking: Prince Harry inherits $10 million from the royal family on his 40th birthday...

Prince Harry is rolling in dough.

The Duke of Sussex inherited more than $10 million on his 40th birthday Sunday, according to the London Times.

His great-grandmother Queen Elizabeth, the Queen Mother, put approximately $25 million into a trust fund for her great-grandchildren in 1994, the outlet reported

Harry and his older brother, Prince William, reportedly claimed the money in two installments: on their 21st and 40th birthdays.

The siblings received $7.9 million between them when they turned 21 and another $10.5 million when they hit 40.

“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,” a former palace aide told the newspaper.

“It was a way in which some of her estate could be ring-fenced for them.”

Page Six has reached out to Harry’s rep for comment but did not immediately hear back.

previously reported that Harry was planning to celebrate his big day with a party organized by his wife, Meghan Markle, in Montecito, Calif., where they live.

On his big day, the Invictus Games founder received public birthday love from his father, King Charles III, William and his brother’s wife, Kate Middleton, on social media.

Wishing The Duke of Sussex a very happy 40th birthday today!” wrote the official X account of the royal family, which Charles’ office at Buckingham Palace runs.

The Waleses reposted the message, adding: “Wishing a Happy 40th Birthday to The Duke of Sussex!”

The birthday shout-out included a 2018 photo of Harry smiling while visiting Dogpatch Labs in Dublin. Markle, 43, was seemingly cropped out of the photo.

The Post reported that Harry would also receive a phone call from some of his relatives for his special day — despite their estrangement.

The “Spare” author has had a strained relationship with Charles, 75, and William, 42, since he and the “Suits” actress quit their royal duties and moved to North America in January 2020.

Harry and his wife now reside in a $14 million Montecito mansion with their two children: son Prince Archie, 5, and daughter Princess Lilibet, 3.

Days before returning 40, Harry said his kids were the “best gift” he had ever received.

“The best gift I’ve ever been given is, without a doubt, my kids,” he told People Wednesday.

“I enjoy watching them grow every single day, and I love being their dad.”

CELEBRITY4 hours ago

Breaking:Taylor Swift’s Hilarious Surprise Gift for Baby Wyatt Kelce—Fans Can’t Stop Laughing!

CELEBRITY20 hours ago

CELEBRITY“Breaking: Patrick Mahomes Heartbroken as Beloved Wife Tragically Dies from Suspected Food Poisoning on Easter Evening – Fans in Shock

NFL21 hours ago

Breaking new:Taylor Swift Is Not Okay And Stopped Her Relationship With Brittany And Patrick Mahomes…Reasons Revealed👎👎👎

CELEBRITY1 day ago

Breaking: Mahomes Patrickpens up about the STRANGE condition of his newborn baby, and the whole family is immersed in a gloomy atmosphere.😮😲 Patrick Mahomes, renowned quarterback for the Kansas City Chiefs, and his wife, Brittany Mahomes, recently faced a concerning health situation with their infant son, Patrick “Bronze” Lavon Mahomes III. Read more 👇👇👇

ROYAL FAMILY4 days ago

BREAKING NEWS: The British Royal Family Shares Exciting News—Prince Harry’s Wife Gives Birth to Twins, Adding Two More Heirs! King Charles Celebrates as He Reveals Their Names…see more below

CELEBRITY5 days ago

SHOCKING: 30 Minutes Ago, Seraphina Rose Affleck, Daughter of Jennifer Garner and Ben Affleck, Finally Spoke Up to Confirm That Jennifer Garner’s Previous Relationship with Ben Affleck Was Just a Publicity Stunt; read more

CELEBRITY5 days ago

Breaking news:Jennifer Lopez And Ben Affleck Reportedly ‘Working Their Hearts Out’ To Avoid ‘Pain’ Of Their Divorce; read more.

NFL6 days ago

Our baby has arrived

NFL6 days ago

Breaking“Amping up wedding discussions”: Taylor Swift and Travis Kelce take the next step in their relationship during their break from the spotlight:👎👎👎

NFL7 days ago

LIVE SCENE: Travis and Jason Kelce Collapse in Tears as Mom Donna Kelce Dies Suddenly at 72 — FOX News Confirms Tragic Loss That Shattered NFL Fans

NFL7 days ago

Breaking news:Travis Kelce’s mother sends fans into a frenzy with baby update on her son and Taylor Swift; read more.

ROYAL FAMILY1 week ago

Breaking news about Prince William, Kate Middleton ‘argue’ over Prince George’s future: experts; expect more

Copyright © 2024 Learnersworld