Tensions within the royal family are reportedly at an all-time high as Prince Harry stands to inherit a substantial sum.
Prince Harry is poised to receive an $8.5 million payout from the Queen Mother’s trust fund on his upcoming 40th birthday, a development that has reportedly left Prince William and Kate Middleton feeling deeply upset. The trust fund, established by the late Queen Mother, is set to disburse the funds to the Duke of Sussex next month, a move that William and Kate reportedly view as undeserved.
According to sources close to the Prince and Princess of Wales, the couple is “disgusted” by the idea of Harry receiving such a substantial financial windfall, particularly when they believe he hasn’t done anything to earn it. “William’s pretty disgusted that once again Harry’s going to be cashing out and taking millions back to his Montecito home without lifting a finger for it,” an insider shared with a private news outlet. As Harry prepares to celebrate his 40th birthday in September, this substantial sum ensures that he won’t have to worry about financial concerns in the future.
The $8.5 million payout is part of a larger $90 million trust fund set up by Harry’s great-grandmother, the Queen Mother. She had the foresight to allocate a portion of her wealth to a trust fund for her descendants, with the rule that Harry would receive his share upon turning forty. In contrast, William has benefitted from the Duchy of Cornwall, but this generous gift will further bolster Harry’s financial independence.
William and Kate’s Distrust of Harry
The rift between the estranged brothers appears to be deepening, with sources suggesting that William and Kate believe Harry does not deserve this financial windfall. “There’s nothing he can do about it, aside from shaking his head, but if it were up to him, Harry would not be getting this payday,” the insider added. William reportedly feels that his brother is not in a position to receive such a substantial handout and has made his displeasure known, considering it a “pretty rotten situation.”
While King Charles is said to be eager to move past old grievances and reconcile with Harry, William and Kate continue to harbor resentment, particularly over the harsh remarks made by Harry in his memoir Spare. William reportedly sees this financial reward as yet another example of Harry being “rewarded” despite his negative treatment of the family.
“William and Kate don’t trust Harry or Meghan one bit, so the idea that Harry’s now cashing in on his great-granny’s inheritance leaves a very bitter taste in their mouths,” the source further revealed.
Unlike William, who celebrated his 40th birthday with a grand event at Westminster Abbey, Harry is set to receive a far more substantial gift—$8.5 million—significantly more than what William received when he reached the same milestone. This windfall comes on top of the significant earnings Harry and Meghan have made from their Netflix deal, which they signed in September 2020.
Harry’s Net Worth
With this new influx of cash, Harry and Meghan’s combined net worth is expected to see a significant boost. Currently, their net worth is estimated at $60 million, according to reports from a private news outlet, following their decision to step down from royal duties and relocate to California in 2020. Much of their financial success stems from lucrative business deals, including their partnership with Netflix. The couple is now looking forward to launching new shows, podcasts, and managing their lifestyle business, in addition to their ongoing philanthropic efforts.
