Richie rich? Prince Harry hasn’t been a senior working royal since 2020 — but he still has a bank account worthy of his title.During the early days of Harry and wife Meghan Markle’s marriage, a large sum of couple’s money came from the prince’s annual allowances.According to BBC, the Duke of Sussex was given an estimated $6.9 million (£5 million) from 2018 to 2019 from the Duchy of Cornwall, which is a portfolio of property and investments controlled by his father, King Charles III.The outlet reported that 95 percent of Harry’s income throughout most of his life came from the Duchy.
The funds were used to pay for his public duties as a working member of the royal family, travel, wardrobe, security and private costs. (Prince William now controls the Duchy after Charles took over the throne in September 2022 following the death of Queen Elizabeth II.)The other five percent of Harry’s income was issued by the Sovereign Grant, which is funded by taxpayers and crown estate profits to help aid working royals and the palace.
BBC reported in April 2023 that the grant is worth an estimated $114,004 million (£82.4 million).His massive income is part of the reason the former military pilot raised eyebrows in January 2020 when he and Meghan announced they would be stepping down from their royal duties and relocating to North America.
At the time, they released a statement about their intentions as a couple, saying they wanted to “work to become financially independent while continuing to fully support Her Majesty the Queen.”The following year, Harry and Meghan did a CBS tell-all interview where they alleged that the prince was cut off by his father shortly after he moved to the U.S.
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