Prince Harry is poised to receive a substantial inheritance that has added to the ongoing discussions about his and Meghan Markle’s financial status. Recent reports highlight that Harry is set to inherit £7 million from a trust fund established by his great-grandmother, the late Queen Mother. This inheritance is expected to be transferred to him on his 40th birthday, September 15th.

The Queen Mother, with an estimated fortune of £1 million, allocated a significant portion of her wealth to a trust fund for the family. According to Australian magazine *New Idea*, citing *The Times*, Harry will receive a £7 million share from this trust fund. This amount is in addition to the considerable earnings that Harry and Meghan have accrued through high-profile deals, including their partnership with Netflix in 2020.

Harry is expected to receive a larger share of the Queen Mother’s fortune compared to his elder brother, Prince William. The financial arrangements within the royal family play a significant role here, as William, as the heir to the throne, will inherit the vast wealth of the Duke of Cornwall—a private estate that funds public, charitable, and private activities. Consequently, Harry is likely to receive slightly more than half of the £14 million allocated for both brothers.

Princess Anne is also a central figure in these financial matters. Known for her unwavering commitment to royal duties and charitable endeavors, Princess Anne plays a critical role in maintaining the royal family’s unity, particularly during times of controversy involving Prince Harry, Meghan Markle, and other family members. As a diligent member of the royal family, Princess Anne tirelessly fulfills official duties and engagements on behalf of the monarch. She serves as the patron or president of over 300 organizations across various sectors, including education, healthcare, and sports science.

In addition to her public duties, Princess Anne is the primary trustee for the trust established by Queen Elizabeth. It is common practice in the UK to manage and protect family wealth through such trusts. These trusts are designed to generate income for beneficiaries and occasionally release capital for significant expenses, such as property purchases or weddings. The Board of Trustees and their director must approve any capital release.

Following Queen Elizabeth’s death, Princess Anne is expected to take complete control of Prince Harry’s trust fund. This decision is influenced by Prince Harry’s controversial remarks about the royal family, which were deemed harmful to the nonprofit organizations he represents. Consequently, Princess Anne will oversee the majority of the funds previously allocated to Prince Harry.

Known for her extensive charitable activities and dedication to organizations that positively impact global issues, Princess Anne’s role underscores her commitment to upholding the values of the monarchy. Despite Meghan Markle’s efforts to assert her influence, Princess Anne remains a formidable figure, ensuring the integrity and continuity of the royal family’s principles and duties.

The transfer of Harry’s trust funds to Princess Anne coincides with allegations that the Sussexes have struggled to make a significant impact with their charity work in the United States. Sources indicate that the couple has faced challenges in gaining substantial visibility for their charitable endeavors and fulfilling business obligations, partly due to mental health issues. Additionally, Prince Harry’s recent statements have led to the loss of his patronage from the London Marathon Charitable Trust. His self-reported drug use, admissions of bullying, and unfounded accusations about the royal family have significantly tarnished his reputation.

Moreover, the registration of their charitable foundation in Delaware—a state known for lenient regulations regarding charitable organizations—has attracted criticism concerning the couple’s use of charity for self-promotion and financial gain. Despite these challenges, Princess Anne’s steadfast dedication to royal responsibilities and charitable work remains a cornerstone in preserving the values of the monarchy.

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Source: USA Today