Prince Harry and Prince William reportedly received different inheritances from their late great grandmother with the duke being given significantly more than his older brother.
Prince Harry has reportedly received a hefty inheritance, while his brother Prince William hasn’t been as fortunate.
It’s been revealed that the Duke of Sussex got a larger portion of their late great-grandmother Queen Elizabeth The Queen Mother’s estate after she passed away in 2002.
Her estate, believed to be worth around £70 million, included valuable assets and property contents left to her daughter, Queen Elizabeth II.
In 1994, the Queen Mother decided to put two-thirds of her wealth into a trust fund for her great-grandchildren, OK! reports.
Reports suggest that Harry was the main beneficiary of this trust, receiving a larger share than his older brother William.
The reason for this difference in inheritance could be due to what the princes are expected to inherit in the future.
As the first in line to the throne, the Prince of Wales is set to inherit many royal assets and resources when he becomes king, while Harry, being the younger brother and fifth in line to the throne, isn’t as high up in the line of succession which likely influenced how the inheritance was divided.
The Queen Mother put two thirds of her wealth away in a trust fund for her great grandchildren, Prince Harry and William (Image: Mirrorpix)
Princess Diana, the much-loved mum of William and Harry, left a big inheritance for her boys when she sadly died in 1997. At first, just under £13 million was put aside for the princes, but this amount went down to £8.5 million after death duties were paid.
But, thanks to clever investments looked after by royal advisors, this money grew to over £20 million over time with Harry and William being able to use these funds when they were in their twenties.
Since stepping away from royal duties, Harry and his wife Meghan Markle have been trying to stand on their own two feet financially.
Their move to California led them to buy a £12.8 million mansion, partly paid for by an £8.3 million mortgage.
The Sussexes’ became financially independent when they left the Firm in 2020 (Image: Getty Images)
Harry’s personal wealth is thought to be around £48 million, with Meghan’s wealth believed to be about the same, showing their joint money-making efforts and shared projects.
Earlier this month, the Duchess of Sussex gave a sneak peek of her latest project with her new brand American Riviera Orchard.
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