What’s happening

Prince Harry is set to receive an $8.5 million inheritance from his great-grandmother, Queen Elizabeth I, on his 40th birthday. This decision was made long before Harry’s marriage to Meghan Markle and the resulting family tensions.

Why it matters

This inheritance highlights the enduring support Harry enjoys from the royal legacy despite recent family controversies. It underscores the foresight and fairness of Queen Elizabeth I who aimed to ensure both her great-grandchildren were adequately provided for, irrespective of future circumstances.

Context of the inheritance

Queen Elizabeth I passed away in 2002, leaving an estimated $120 million fortune, two-thirds of which was placed in a trust fund for her great-grandchildren. Royal author Christopher Andersen noted that this arrangement was thoughtful, acknowledging Harry’s potentially fewer opportunities compared to Prince William, who inherited the lucrative Duchy of Cornwall.

William’s reaction

While Harry stands to gain, Prince William and Kate Middleton find the situation unpalatable. A source close to William expressed dissatisfaction over Harry’s financial gain without contributing to the Royal duties. Their displeasure is exacerbated by ongoing mistrust and past family conflicts.

Kensington Palace’s silence

No official comments were made by Kensington Palace regarding this inheritance. The divergence in financial legacies between William, who has inherited the Duchy of Cornwall, and Harry, set to receive this trust, stirs mixed emotions within the Royal Family.

Financial comparison

While Prince William rapidly increases his personal wealth, currently estimated at £100 million, Prince Harry receives a modest inheritance in comparison. This juxtaposition underlines the different paths and fortunes both brothers are treading in their post-Queen Elizabeth II lives.

This story was first published on ynetnews.com.