September 7th 2024.
The Queen Mother was always known for her generosity, especially when it came to her beloved grandchildren. In fact, she had set aside a large sum of money for them, ensuring that they would be well taken care of even after she was gone.
One of her grandchildren, Prince Harry, is about to receive a staggering £8 million as he turns 40 in less than two weeks. This generous gift is all thanks to a trust fund that was set up by his great grandmother, Queen Elizabeth the Queen Mother, back in 1994. She had allocated a total of £19 million to be distributed among her grandchildren, with half given to them on their 21st birthday and the other half on their 40th.
According to a former Palace aide, the trust fund was created as a way for the Queen Mother to pass down a portion of her estate to her great-grandchildren in a tax-efficient manner. It was a way for her to ensure that her grandchildren would be financially stable as they grew older. With this new influx of money, Meghan and Harry's combined net worth is estimated to reach £45 million.
This is not the first time Prince Harry has made headlines for his wealth. In April of this year, it was revealed that he earned an astonishing £22 million from his book "Spare." The memoir, which was ghostwritten by JR Moehringer, became the fastest-selling non-fiction book in the UK since records began in 1998. In its first week, it sold over 467,000 copies, surpassing the previous record set by the Pinch Of Nom cookbook in 2019.
It's worth noting that these numbers only account for physical copies and do not include e-books or audiobooks. Despite this, "Spare" still managed to make it into the top 10 fastest-selling books in the UK since records began. This is quite a feat, considering that since 1998, the chart has been dominated by JK Rowling's Harry Potter novels and Dan Brown's "The Lost Symbol."
In conclusion, it's safe to say that Prince Harry's financial future is looking very bright. Thanks to the generosity of his great grandmother and the success of his book, he will continue to add to his already impressive net worth.
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