Just imagine 8 million pounds waiting for you the moment you hit 40 years. That's the incredible news waiting for Prince Harry, Duke of Sussex. 30
Just imagine 8 million pounds waiting for you the moment you hit 40 years. That’s the incredible news waiting for Prince Harry, Duke of Sussex.
30 years ago, the late Queen Elizabeth set aside a huge sum of money for her great-grandchildren. A whooping £19 million was saved to be shared among all her grandchildren.
Per multiple reports, they will receive the benefits on their 21st birthday and 40th.
Each brother would receive £6 million on their 21st birthdays, rising to £8 million on their 40th, which Harry will commemorate on September 15 of next week.
“A trust fund was established at that time.” It was a tax-efficient way for the Queen Mother to transfer a portion of her estate and a way to save money for when her great-grandchildren were older. That allowed her to ring-fence off a portion of her estate for them,” a close source to the Royal family said.
The fund was supposed to benefit Princess Margaret’s children, Viscount Linley and Lady Sarah Chatto, as well as Prince William and Prince Harry, their cousins the Princess Royal’s children, Zara and Peter Phillips, and the Duke of York’s daughters, Beatrice and Eugenie.
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