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. 

Marking a milestone on their family’s social media channels, Prince George, Princess Charlotte, and Prince Louis penned a heartfelt message for their father, Prince William, on Father’s Day. This sweet tribute, signed “G, C, & L,”  marked the first time the young royals had directly contributed to their parents’ official social media presence. The post was accompanied by a heartwarming photograph, likely taken by their mother, the Princess of Wales, showcasing the close bond between Prince William and his children.

The post on X reads, “We love you, Papa. Happy Father’s Day”, followed by two red hearts.

The heartwarming photo, captured by Kate Middleton, shows a relaxed Prince William with his arms around his children, gazing out at the Norfolk coastline. The picture was reportedly taken during a family trip last month.

We love you, Papa. Happy Father’s Day G, C & L

The Princess of Wales, 2024 pic.twitter.com/kI9AFV2XmT

— The Prince and Princess of Wales (@KensingtonRoyal) June 16, 2024

Earlier on Sunday, William shared his own Father’s Day tribute to his father, King Charles III. The prince posted a photograph from his childhood, showing him playing football with the King in the gardens of Kensington Palace. The picture, taken on 12 June 1984, captures the nearly two-year-old prince smiling as he kicks a brightly coloured football. Just a few months after this photo was taken, William’s younger brother, the Duke of Sussex, was born.

The post is personally signed off by the prince, with the caption: “Happy Father’s Day, Pa.”

Happy Father’s Day, Pa. W pic.twitter.com/pjGuB2iLQ1

— The Prince and Princess of Wales (@KensingtonRoyal) June 16, 2024

The Father’s Day post, featuring a football theme, could be a way to show support for the England team playing in Euro 2024 this evening.

The British royal family is expressing solidarity with Israel following the unexpected attacks by Hamas operatives that resulted in the deaths of more than 1,000 civilians over the past weekend. While the King and other senior members of the royal family have denounced the attacks, Prince William and Kate Middleton issued a joint statement on Wednesday evening strongly condemning Hamas’ brutal act of violence.

The BBC reported, quoting Palace sources, that the King was “appalled”, and condemned the “barbaric acts of terrorism in Israel”. The Prince and Princess of Wales are “profoundly distressed” by the events since strikes began on Saturday, according to their spokesman. He said the couple believes all Israelis and Palestinians will be “stalked by grief, fear, and anger”.

“A spokesperson for The Prince and Princess of Wales said, ‘The Prince and Princess of Wales are profoundly distressed by the devastating events that have unfolded in the past few days. The horrors inflicted by Hamas’s terrorist attack upon Israel are appalling; they utterly condemn them,” the statement shared on microblogging platform X, formerly known as Twitter, read.

pic.twitter.com/lh3f5lusNx

— The Prince and Princess of Wales (@KensingtonRoyal) October 11, 2023

“As Israel exercises its right to self-defense, all Israelis and Palestinians will continue to be stalked by grief, fear, and anger in the time to come. They hold all the victims, their families, and their friends in their hearts and minds. Those the Prince of Wales met in 2018 overwhelmingly shared a common hope-that of a better future.”

“In the midst of such terrible suffering, the Prince and Princess continue to share that hope without reservation.”

Meanwhile, Israeli forces reported that approximately 1,200 people, the majority of whom were civilians, had lost their lives in the Hamas attack, marking it as the most devastating in the nation’s history.

As Israel pounded Hamas targets in the Gaza Strip, a densely populated enclave of 2.3 million people, in response, the number of deaths there has also reached 1,200 people, including a high number of civilians, according to Palestinian authorities.

More than 338,000 people in the enclave have been displaced, according to the United Nations.

(With inputs from agencies)