In 2020, Prince Harry and Meghan Markle made the decision to step back as senior members of the royal family, expressing their desire to become "financially independent." It appears that they were able to achieve this goal with the help of some inheritance.
Prince Harry reportedly inherited more money than his older brother, Prince William, from their late mother, Princess Diana. The inheritance amounted to over $26.7 million, which was a result of Princess Diana leaving just under $17.3 million to her sons. After accounting for death duties, the sum was reduced to $11.3 million, but savvy investments by royal advisors increased it to over $26.7 million. However, the brothers did not gain access to the funds until they reached their 20s.
Additionally, it was revealed that Prince Harry received a larger inheritance from their great-grandmother, Queen Elizabeth, the Queen Mother, after her passing in 2002. She left an estimated fortune of $91.7 million, including valuable works of art and house contents, to her only surviving daughter, Queen Elizabeth II.
Furthermore, in 1994, the Queen Mother placed two-thirds of her wealth into a trust fund for her great-grandchildren. This trust fund was set to provide William and Harry with approximately $19.6 million, as reported by the BBC in 2002.
Diana and Queen Mother helped Harry and Meghan
The inheritance from Princess Diana and the Queen Mother played a significant role in enabling Prince Harry and Meghan Markle to pursue their goal of financial independence.
It's clear that Prince Harry and Meghan Markle were able to make their own way with a little help from family inheritance. It's reported that Prince Harry inherited more money than his brother from their late mother, Princess Diana, totaling over $26.7 million. This was made possible through Princess Diana's initial bequest of just under $17.3 million, which was later increased through wise investments by royal advisors.
Additionally, the brothers also received a substantial sum from their great-grandmother, the Queen Mother, with Prince Harry reportedly receiving a larger share. This financial boost undoubtedly provided the couple with the means to pursue their independence from the royal family.
