Everything indicates that Prince Harry‘s net worth will increase significantly as he is set to receive an enormous inheritance as soon as he turns 40, a very useful financial help for the duke, who since 2020 does not belong to the British monarchy.
The Duke of Sussex will receive a millionaire sum as a 40th birthday present from his late great-grandmother, the Queen Mother, this September 15th, thanks to her opening a trust fund where she put 90 million dollars to distribute it among her relatives, according to ‘The Times‘.
The arrangement specifically added that Prince Harry would be able to access the funds earmarked for him, which would be approximately $8.5 million. As soon as he reaches the age of 40, this trust fund will be able to collect it despite not being an active member of the royals after having resigned from his royal duties four years ago.
However, the media assures that despite being a legal inheritance, King Charles III’s son will later have to declare taxes on his future business profits. This cash that the Duke of Sussex will have at his disposal will mean an increase in his net worth, which currently stands at $60 million.