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International Business Times UK
International Business Times UK
National
Zoe Lodge

Prince Harry to Receive $8.5M Inheritance on 40th Birthday Thanks To Queen Mother's Trust Fund

Despite no longer receiving funds from Kensington Palace following their self-led removal from the royal family, Prince Harry is set to receive a significant 40th birthday present. Queen Elizabeth the Queen Mother had placed a hefty $90 million into a trust fund for her family, specifying that Prince Harry would have access to his $8.5 million share on his 40th birthday.

Prince Harry's semi-estranged brother, Prince William, received a ceremonial bell concert at Westminster Abbey for his 40th birthday. While the trust fund allocates a set amount to both brothers, Prince Harry is slated to receive slightly more than half. This isn't a slight against the Prince of Wales, as William directly benefits from the Duchy of Cornwall, a tax-exempt private estate that funds the private, public, and charitable activities of the king's heir.

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