Prince Harry got a fantastic gift for his 40th birthday! All of us, the common people, wanted something like this, folks…
It turns out that turning 40 has its perks – and we’re not talking about wrinkles or midlife crises! The Prince Harry , who blew out the candles on September 15thsaw his bank account receive a not modest boost. The Duke of Sussex – which would be treated as “nothing” by Meghan Markle – inherited more than 10 million dollars (something around R$ 55 million (at the current price) from a trust fund created by none other than his great-grandmother, Queen Mother Elizabeth, who knew very well how to plan for the future of her grandchildren!
The millionaire gift was planned almost 30 years ago
That birthday presentliterally a millionaire, it had been planned almost 30 years ago and finally, at 40, Harry managed to get his hands on this sum. We wanted a grandmother like that too, see!?
The millionaire inheritance was not a surprise. The Queen Mother, who died in 2002, had already allocated 25 million dollars (or R$ 137 million, according to current exchange rates) to her great-grandchildren, including the princes Harry AND William – into a trust fund. The idea was very simple: help the kids when they grow up, but not overdo it in their youth.
The strategy, a source told the London Times, was designed so that the great-grandchildren could access part of the fortune in a tax-efficient way (after all, even royals have to deal with taxes). Not bad, right?
According to US Weekly, the first installment of this inheritance was paid to the princes at the age of 21, when they both received 7.9 million dollars (approximately…
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Source: Terra
Ashley Fitzgerald is a journalist and author at Gossipify, known for her coverage of famous people and their lives. She writes about a wide range of topics, including celebrities, influencers, social media stars, and public figures. Her articles are known for their in-depth analysis and unique perspective. She is respected for her ability to keep readers up to date with the latest news and trends of the famous people.
