London, UK — Prince Harry is set to receive a substantial inheritance from the late Queen Mother as he celebrates his 40th birthday on September 15. Reports indicate that the Duke of Sussex will benefit significantly from a trust fund established by his great-grandmother.
The Queen Mother, when she was ninety-four in 1994, set up the trust, which is said to have allocated approximately £19 million—about two-thirds of her wealth at that time—for her great-grandchildren. According to The UK Telegraph, Prince Harry and his brother, Prince William, are to receive their inheritance in two payments: one at age 21 and another at 40.
The New Daily Prime has learned that the trust was designed to provide tax-efficient financial support to the Queen Mother’s great-grandchildren while preserving a portion of her estate for them. The brothers received £6 million each when they turned 21 and are expected to receive an additional £8 million each upon turning 40. Prince William, who turned 40 in June 2022, has since taken on the titles of Prince of Wales and Duke of Cornwall, and received £23.6 million from the estate the previous year.
Other beneficiaries of the fund include the Duke of York’s daughters, Beatrice and Eugenie; Princess Margaret’s children, Viscount Linley and Lady Sarah Chatto; and Zara and Peter Phillips, the children of the Princess Royal.
Additionally, following the death of their mother, Diana, Princess of Wales, 23 years ago, the princes each received nearly £6.5 million. At age 30, Prince Harry inherited approximately £10 million from this amount, which has grown significantly. They were also given Diana’s iconic wedding dress—designed by David and Elizabeth Emanuel, famed for its intricate pearl work, layers of silk, and 25-foot train.
As Prince Harry approaches this milestone birthday, the inheritance from his great-grandmother is expected to be a significant highlight, reflecting the enduring legacy of the Queen Mother’s generosity.
