Prince Harry recently turned 40, but that rumored £8 million trust fund? It didn’t exactly make it to his bank account as a birthday present! According to reports, this juicy inheritance, set up by the Queen Mother back in 1994, was meant for her great-grandchildren—Harry included—once they hit the big 4-0. But, as it turns out, the situation is a bit more complicated.
“This money has come largely from shrewd investments which include paintings, a valuable Faberge egg collection, china and jewellery, though most of this will be passed to the Queen as it is part of the royal collection,” the BBC revealed.
While Prince Harry and his brother Prince William were both supposed to cash in on a chunky inheritance, some royal financial moves changed the game. Most of the Queen Mother’s £70 million fortune was passed down to the Queen herself, with only a fraction left in a trust for her great-grandchildren. As it stands, Prince Harry might not have gotten the full £8 million.
The original plan was that Harry and William, along with Princess Anne’s kids and other royal cousins, would receive their share of the trust when they hit 40. Whether the Duke of Sussex gets his slice eventually or not, he is not exactly hurting for cash.
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