Prince Harry will get £8million when he turns 40 after the Queen Mother set aside cash for her great-grandchildren 30 years ago

Prince Harry is set to get £8million when he turns 40 after the Queen Mother set aside a lump sum for her great-grandchildren 30 years ago. 

A trust containing £19million was set up in 1994 by Queen Elizabeth the Queen Mother, when Prince Harry was just ten years old, to be distributed between all her grandchildren.

Allegedly they would receive the first payment on their 21st birthday and the second payment on their 40th birthday, with palaces sources claiming Harry received a larger amount than William. 

A former Palace aide told the Times: ‘There was a trust fund set up at the time. It was a way in which the Queen Mother could set aside money for when her great-grandchildren were older and a way of passing a slice of her estate down in a tax-efficient way.

A trust containing £19million was set up in 1994 by Queen Elizabeth the Queen Mother (bottom right), when Prince Harry was just ten years old, to be distributed between all her grandchild

A trust containing £19million was set up in 1994 by Queen Elizabeth the Queen Mother (bottom right), when Prince Harry was just ten years old, to be distributed between all her grandchild

A trust containing £19million was set up in 1994 by Queen Elizabeth the Queen Mother (bottom right), when Prince Harry was just ten years old, to be distributed between all her grandchild

On their 21st's each brother would get £6million, this would increase to £8million on their 40th's, which Harry will celebrate next week on 15 September

On their 21st's each brother would get £6million, this would increase to £8million on their 40th's, which Harry will celebrate next week on 15 September

On their 21st’s each…

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Prince Harry will get £8million when he turns 40 after the Queen Mother set aside cash for her great-grandchildren 30 years ago

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.