Here's How Much Money Harry Had From Diana To Use For His Escape
Mar 12 2021
Princess Diana is still looking out for her kids nearly twenty four years after her untimely death. Prince Harry revealed several shockers in an interview with Oprah Winfrey on March 7, 2021. In one of the interview's most touching moments, the duke, who was only 12 years old when Princess Diana died, paid tribute to his mother by acknowledging her practical contribution to his life.

Prince Harry and his wife, Meghan Markle, sat down with the Queen of All Media and talked about their decision to leave the UK. The duke was open about his finances and revealed why he felt a financial burden when he resigned as a senior royal member.

BBC reports that when the couple announced their 2020 plans to start a "progressive new role within [the] institution" and "work to become financially independent," it was initially understood that Prince Charles in his personal capacity or the Duchy of Cornwall would continue to support Prince Harry and his wife.

Up until then, Harry had received 95% of his allowance from this source. They already knew that they would stop receiving an income from the Sovereign Grant, which only amounted to 5% of their total income. So, when his allowance stopped, Harry was left without an income.

The duke then went on to divulge how the inheritance from his mother helped him and Meghan set up their new home in the U.S. Prince Harry told Oprah that had it not been for his mother's foresight, he may not have had the financial means to provide for his family and move to North America. He reports that they were in dire straits because his family cut him off in the first quarter of 2020.

The redheaded royal paid tribute to Princess Diana and how she has provided for him and his family posthumously.

So just how much did the Queen of Hearts leave her son? According to Fox Business, Princess Diana left each of her sons an inheritance of approximately $8.9 million. The money was invested for Prince William and Prince Harry, and the initial investment grew. At the age of 25, they started to receive their inheritance. By the time Harry was 30 years old, he inherited an estimated $13 million.

At the time of her death, Diana's estate was worth $31.5 million. She was able to leave her sons a princely sum because of her divorce settlement from Prince Charles. Her estate also included shares, jewelry, cash, and other personal effects. Once Harry was able to comfortably settle across the pond, he could then concentrate on making a plan to provide for his growing family.

In their interview with Oprah, Harry and Meghan revealed that they had to find a way to sustain themselves after being financially cut off. The duke needed to find a way to look after his family and revealed that, initially, quote, "the Netflixes and Spotifys of it all was never part of the plan," suggesting that the headline-making deals with the streaming services had only happened at a later stage. Harry explained,

"This was never the intention. We're certainly not complaining, our life is great now, we've got a beautiful house, I've got a beautiful family."

He then went on to explain how the Netflix and Spotify deals came about, saying,

"At the time during COVID, the suggestion by a friend was 'What about streamers?' and we hadn't thought about it. There were all sorts of different options and from my perspective, I just needed enough money to pay for security to keep my family safe."

Harry and Meghan bought their home near Santa Barbara for a sum of $14.7 million. It is speculated that their Netflix deal could be worth as much $150 million. Furthermore, Markle had amassed around $2 million herself - after taxes - according to Forbes. Her fortune comes from her long-standing role in the popular legal drama, Suits, as well as other parts in films and shows. Here's to seeing more of Harry, Meghan, and their growing family.

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