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Prince Harry Turns 25 & Gets Big Bucks From Princess Diana Inheritance

wenn2458476 Prince Harry Turns 25 & Gets Big Bucks From Princess Diana Inheritance

Prince Harry turned 25 years-old on Tuesday, becoming an even ore eligible bachelor as he gained part of his inheritance from his mother, Princess Diana. Read more on this story below.

The red-headed prince, who is third in line of succession to the British throne, turned 25 on Tuesday and will receive a portion of his inheritance.

Prince Harry spent his birthday continuing his pilot training in the Royal Air Force, but was definitely not out of the spotlight.

British media ran tons of photos of Harry from toddler age to present day in his combar gear.

Harry and his brother Prince William were left equal shares in their mother’s estate following her death in a 1997 car crash in Paris. At the time, the shares were estimated to be about $10.6 million each.

The Sunday Times Young Rich List has estimated that Harry and William were each worth 28 million pounds ($46 million).

Under Diana’s will, Prince William and Prince Harry are entitled to their inheritance from their share when they are 25 and they gain access to the capital at age 30. William is now 27.

Patrick Jephson, who was involved with Diana’s finances when he worked as her private secretary, said the princess’ money was “very prudently” invested and that Harry will also have access to some of the considerable wealth generated by the Duchy of Cornwall, which is under Prince Charles’ control.

“Of all the concerns that a young man in his position might have, money is not one of them, and likely never will be,” Jephson said.

As a lieutenant in the British Army, Harry’s annual pay is between 29,006 to 32,061 pounds per year ($48,000 to $53,000).

Dickie Arbiter, former royal spokesman and now a commentator, does not believe Prince Harry’s new wealth will change his life.

“I doubt whether he’ll touch the money because he manages quite well with his Army salary. What does he need to spend it on? Very little,” Arbiter said on Sky News.

But London tabloids beg to differ on this issue.

News reports have suggested that Harry and former girlfriend Chelsy Davy may be rekindling their romance. The Sun newspaper reported they were at a club in London for a pre-birthday celebration earlier this week.

Click Thumbnails for Larger Pictures


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wenn2458476 66x100 Prince Harry Turns 25 & Gets Big Bucks From Princess Diana Inheritance
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Images: wenn.com

 

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