Prince Harry is set to receive a huge payout on his 40th birthday later this year, according to a report. The Duke of Sussex will turn 40 on September 15. In striking contrast to his elder brother Prince William, who received a ceremonial bell concert at Westminster Abbey on his 40th birthday, Prince Harry will inherit millions on his milestone birthday, thanks to arrangements made by his late great-grandmother, Queen Elizabeth, the Queen Mother. 

According to the Times, the late Queen Mother established a $90 million trust fund for her family, which listed that the Duke of Sussex would receive his share when he turned 40. Prince Harry will reportedly rake in around $8.5 million from his share, which is more than Prince William is slated to get.

However, Prince Harry would still have to pay taxes on his inheritance, while his elder brother would benefit from the tax-exempt Duchy of Cornwall – a private estate that funds his public, charitable and private activities. 

“William will benefit from the vast wealth of the Duchy of Cornwall, a private estate that funds the public, charitable, and private activities of the king’s heir,” a source said, per New York Post. “As a result, Harry is likely to receive slightly more than half of the 14 million pounds allocated for the brothers,” they added. 

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With an estimated current net worth of about $60 million, Prince Harry’s upcoming inheritance would be a welcome addition, the outlet noted. 

Following their exit as senior working royals, Prince Harry and his wife Meghan Markle settled in Montecito, California. Their net worth was largely boosted because of the several high-profile projects they’ve taken on since quitting royal life in 2020. These projects include a Netflix original, Prince Harry’s tell-all memoir Spare, and Meghan Markle’s 12-episode podcast, Archetypes. 

According to the Post, Prince Harry is even considering publishing a follow-up book. The duo are also in for a big payday with the forthcoming launch of Meghan Markle’s new lifestyle brand, American Riviera Orchard. 

London:

Prince Harry paid tribute on Thursday to the late Queen Elizabeth as he returned to Britain to attend an awards ceremony a day before the first anniversary of his grandmother’s death.

Harry only occasionally comes back to Britain since his move to California with his wife Meghan after the couple stepped down from their official royal roles in 2020, and then fell out with the other Windsors, including his father King Charles and elder brother Prince William.

“As you know, I was unable to attend the awards last year as my grandmother passed away,” he said in a speech at the annual ceremony staged in London by WellChild, a charity supporting children suffering from serious illnesses, for which he is a patron.

“As you also probably know, she would have been the first person to insist that I still come to be with you all instead of going to her and that’s precisely why I know exactly one year on that she is looking down on all of us tonight, happy we’re together continuing to spotlights such an incredible community,” he said.

The timing of the annual WellChild ceremony and other events meant that both Harry and Meghan happened to be in Britain when the queen died at her Scottish home, Balmoral Castle, on Sept. 8 last year.

Harry pulled out of last year’s ceremony following news the queen was seriously ill, and travelled north separately from the rest of the royal family, indicative of their recent feud.

He said in his memoir published in January that his father had told him that Meghan was not invited. Kate, William’s wife, also did not go to Balmoral.

The royal family will not be gathering together to mark the anniversary on Friday, and media reports said Harry would not be seeing them during his trip. He is due to head to Düsseldorf in Germany for Saturday’s start of the Invictus Games.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

In newly released audio tapes of Princess Diana, her former husband King Charles expressed his sadness after they learnt that they were expecting a boy and not a girl, when Prince Harry was born, as per ABC Good Morning America. The then Princess of Wales recorded her conversation with her close friend James Colthurst in the 1990s for her biographer, Andrew Morton. She made seven hours of audio in total. Mr Morton later utilised the tapes to create and release ‘Diana: Her True Story’, a book that was published in 1992.

According to ABC’s Good Morning America, ‘Diana: The Rest of Her Story’, a new documentary, will include the footage, which was made public the day after the 26th anniversary of her death. She said in the clip that her husband spoke to her stepmother, Raine Spencer at their second son’s christening. “Because at Harry’s Christening, Charles went up to mummy and said, ‘You know we were so disappointed, we thought it would be a girl,'” The Princess added, “And mummy snapped his head off and said, ‘You should realize how lucky you are to have a child that’s normal.”

“Ever since that day, the shutters have come down. That’s what he does when he gets somebody answering back at him,” Princess Diana said in the tapes.

She also spoke about her strained relationship with her stepmother in the audio clips. Princess Diana added, “I was so angry. I said ‘I hate you so much. If you only knew how much we all hated you for what you’ve done. You ruined the house. You spent Daddy’s money. I have said everything I possibly could. Raine said, ‘You have no idea how much pain your mother put your father through.'”

The late Princess responded, ‘Pain, Raine? That’s one word you don’t even know how to relate to. In my job and in my role, I see people suffer like you’ve never seen. And you call that pain? I said, you’ve got a lot to learn.’ I remember really going for her gullet.” She also stated that her siblings did not get along well with their stepmother and all of them called her “Acid Raine”. They frequently sang, “Raine, Raine, go away!”, as per the outlet.