Prince Harry is set to receive a huge payout on his 40th birthday later this year, according to a report. The Duke of Sussex will turn 40 on September 15. In striking contrast to his elder brother Prince William, who received a ceremonial bell concert at Westminster Abbey on his 40th birthday, Prince Harry will inherit millions on his milestone birthday, thanks to arrangements made by his late great-grandmother, Queen Elizabeth, the Queen Mother. 

According to the Times, the late Queen Mother established a $90 million trust fund for her family, which listed that the Duke of Sussex would receive his share when he turned 40. Prince Harry will reportedly rake in around $8.5 million from his share, which is more than Prince William is slated to get.

However, Prince Harry would still have to pay taxes on his inheritance, while his elder brother would benefit from the tax-exempt Duchy of Cornwall – a private estate that funds his public, charitable and private activities. 

“William will benefit from the vast wealth of the Duchy of Cornwall, a private estate that funds the public, charitable, and private activities of the king’s heir,” a source said, per New York Post. “As a result, Harry is likely to receive slightly more than half of the 14 million pounds allocated for the brothers,” they added. 

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With an estimated current net worth of about $60 million, Prince Harry’s upcoming inheritance would be a welcome addition, the outlet noted. 

Following their exit as senior working royals, Prince Harry and his wife Meghan Markle settled in Montecito, California. Their net worth was largely boosted because of the several high-profile projects they’ve taken on since quitting royal life in 2020. These projects include a Netflix original, Prince Harry’s tell-all memoir Spare, and Meghan Markle’s 12-episode podcast, Archetypes. 

According to the Post, Prince Harry is even considering publishing a follow-up book. The duo are also in for a big payday with the forthcoming launch of Meghan Markle’s new lifestyle brand, American Riviera Orchard. 

Donald Trump has hit out at Prince Harry and Meghan Markle, accusing the couple of “breaking Queen Elizabeth’s heart”. The former president of the United States spoke to Nigel Farage in an exclusive interview and expressed his disapproval of how the Duke of Sussex and his wife, Meghan Markle, stepped down as members of the royal family in 2020, Independent reported. 

Speaking about the Queen, he said, “I think there was great disrespect to a person I got to know very well and like; the Queen. She was unbelievable you know.”

He continued: “I thought she was treated very disrespectfully by them. Although she wouldn’t show it because she was strong and smart, I imagine they broke her heart. The things that they were saying were so bad and so horrible and she was in her 90s and hearing this stuff. I think they broke her heart. I think they hurt her bad.”

The former President further insisted that Harry and Meghan ”were very disrespectful to the royal family” when they decided to step down from their duties. 

Meanwhile, he praised the late Queen, who died in September 2022, stating she “never made a mistake” during her reign. He told Mr Farage: “I’m a little prejudiced because I thought the Queen was incredible. I mean, think of it all those years, 75 years. She’s rarely made a mistake.”

The Duke of Sussex moved to the US with his wife Meghan Markle in January 2020. It was reported they “ignored” the Queen’s request to delay announcing their decision to quit public life.

During the interview, Trump also hinted that if he is elected as the US president, Prince Harry may face deportation over drug use he admitted to in his 2023 memoir. Notably, The Duke of Sussex’s immigration status has become the subject of a legal battle after Harry admitted to taking illegal drugs in his memoir, ‘Spare’  which was released last year.

”We’ll have to see if they know something about the drugs, and if he lied they’ll have to take appropriate action,” Trump said.

In ‘Spare’, Harry wrote that when he was younger, he had taken cocaine, marijuana and psychedelic mushrooms, noting that the cocaine ”didn’t do anything for me,” but ”Marijuana is different, that did help me.”