Prince Harry is scheduled to receive £8 million upon turning 40, as part of a trust fund established by Queen Elizabeth the Queen Mother 30 years ago for her great-grandchildren.
In 1994, Queen Elizabeth the Queen Mother established a trust with a value of £19 million, intended for distribution among her great-grandchildren, including Prince Harry, who was then ten years old. According to reports, the trust stipulates that beneficiaries would receive the first installment of the trust funds on their 21st birthday and the second installment upon turning 40. It has been suggested that Prince Harry received a larger portion compared to Prince William. A former Palace aide remarked to The Times, “The trust fund was established to allocate a portion of the Queen Mother’s estate to her great-grandchildren in a manner that was both tax-efficient and designed for their future financial support.”
