Prince William To Receive Approximately $16 Million On 30th Birthday
On June 21, 2012 Prince William of England will turn 30-years-old and on that date he is expected to receive a large inheritance left to him by his mother Princess Diana.
When Diana passed away in 1997 she left behind nearly $20 million worth of stocks, jewelry and cash which analysts believe through some smart investments that sum has now grown to approximately $30 million which is to be split between Prince William and Prince Harry.
Princess Diana had planned to give her boys access to the money when they turned 25, however following her death that age was upped to 30.
According to a source in an interview with the Daily Mail:
“It will be quite a handy sum if he wants to buy his and Kate’s first family house. What else would he need the money for?”
Kate and William already live in London’s Kensington Palace however sources say they are considering a second home close to Prince Charles’ Highgrove retreat.
Currently Prince William is earning around $60,000 per year as a Roay Air Force search-and-rescue pilot and he receives an allowance from his dad, he also has a $3 million trust from the queen mother.
In her will Princess Diana allows the boys to split up the estate as they saw fit and some experts believe Princess William may choose to leave more of the estate to brother Harry since William is likely to receive more money from the family’s various trusts and public funds in the future when he eventually becomes the king of England.