Prince Harry Will Inherit More Money Than Prince William For This Reason

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A new story published by Town & Country Magazine revealed that Prince Harry will inherit more money than his older brother Prince William, and it all has to do with Harry’s future earnings, reported the outlet.

The magazine reported that Queen Elizabeth’s mother, the Queen Mother, was worth $89 million and put the money into a trust fund for her grandchildren in 1994. The BBC reported that the princes share close to $18M of the trust.

“The bulk of the cash went to Harry since William will benefit financially by becoming king,” reported the news site.

Town & Country also reported that William works full-time as an ambulance pilot for East Anglian Air Ambulance, but he has donated his yearly salary, roughly $62,000 a year, to charity. In 2017, Newsweek reported that Harry inherited a trust fund from his late mother Princess Diana, along with William, which amounted to more than $13M. Each received their share on their 30th birthday.

Harry’s staff members are paid for by his and William’s father Prince Charles, as well as anything related to the official duties the prince performs as a member of the royal family, reported Newsweek.

Duchy of Cornwall is a private estate overseen by Charles. Forbes reported that in 2016 and 2017, the Duchy of Cornwall paid nearly $9 million for Harry, William, and Kate Middleton’s activities and other expenses. This also now includes the expenses of Meghan Markle, Harry’s wife of one year.

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Today The Duke of Sussex visited the Royal Hospital Chelsea for the Founder’s Day Parade, an annual event celebrating the founding of the veterans hospital in 1681 by King Charles II. The Founder’s Day Parade is a day to celebrate ‘The Chelsea Pensioners’, the name for those veterans who live there, and an important reminder of the great debt we owe all whom have served their nation. More than 300 years on from its founding, @royalhospitalchelsea continues to provide exceptional care to soldiers in retirement. Today’s visit also coincides with the 75th anniversary of D-Day. It was especially poignant for The Duke, who served in the British Army for ten years, to visit with and honour six veterans of the Normandy Landing living at the hospital. In his speech today His Royal Highness shared these words with the Chelsea Pensioners: Don’t ever underestimate the joy that you bring to everyone you meet. You represent something really quite special, you are special, and society will always recognise that. That is an important part of your legacy....It’s a community that focuses on supporting each other with kindness, respect and compassion, as well as reaching out to serve the wider community....On this 75th Anniversary of D-Day, I can comfortably speak for everyone when I say we are honoured to be in the presence of six Normandy Landing veterans. Over 300 British Army Veterans live @royalhospitalchelsea - veterans who fought in the Second World War, and other conflicts including Korea, Malaya, Borneo, Northern Ireland, South Atlantic and the first Gulf War. Her Majesty The Queen, The Prince of Wales, The Duke of Cambridge and other members of The Royal Family have joined events in the UK and France to commemorate the 75th anniversary of D-Day. The Duke and Duchess of Sussex are proud to support serving and former members of the Armed Forces. Positive communities and the @royalhospitalchelsea model of care, is critical to help veterans both young and old to maintain positive mental health and wellbeing. Thank you for your service, and for the sacrifices you and your families have made. #DDay75

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Since the bulk of the prince’s work is for the royal family and their expenditures are paid for, there is very little that either Harry or William have to pay for out of their own pockets.

It should be noted that both brothers live in homes that belong to Queen Elizabeth; Harry and Meghan live in Frogmore Cottage, while William and Kate live at Kensington Palace. Therefore, there are no rents, mortgages or utility bills to be paid on their properties. It is unknown if there are other ways the brothers are compensated for the work they do for the monarchy.

Harry is sixth in line for the British throne behind Charles, William, and his nieces and nephews Prince George, Princess Charlotte, and Prince Louis. His own son, Archie Harrison Mountbatten Windsor, is seventh in line for the throne.

It was recently announced that Harry and Meghan will be traveling overseas with their infant son — their first royal tour as a family — when the couple tours Southern Africa, including Botswana, where they first fell in love.