Prince Harry & his upstart wife must be honest about their money – they've made millions from the royals, claims expert

The Irish Sun

2 days ago

PRINCE Harry and Meghan Markle must be 'honest' about their money, having made millions from the royal family.
This comes as Kensington Palace has confirmed
Prince
William pays the highest rate of income tax on his private estate, the Duchy of
Cornwall
, however, the amount was not disclosed.
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It has recently bee revealed that Prince William pays the highest rate of income tax on his private estate
Credit: Getty
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Royal experts have said if Prince William is asked for his financials to be revealed, so should Prince Harry
Credit: The Mega Agency
Broadcaster Esther Okraku argued that if some people think the Prince of
Wales
should reveal the tax amount, so should his brother Prince Harry.
Speaking on The Sun's Royal Exclusive show, she shared: 'It's an uncomfortable conversation that I think is completely unnecessary, and I think if you're going to have those conversations, then you might as well have them about Harry as well, he inherited, what, £10 million from the late Queen Mother.'
The Sun's Royal Editor Matt Wilkinson chimed in: 'Again, that's all very secretive. We don't know the exact figures.'
Esther continued: 'Exactly, but why is no one asking him?
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'I mean, him and his upstart wife arguably haven't earned that
money
by any means.
'You know, why aren't we criticising them? Because it's just distasteful.
'And I think we should extend the same courtesy to William.'
HARRY'S GOLDMINE
Both Harry and William received a hefty inheritance from their late mother, Princess Diana, who died in 1997.
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The People's Princess left just shy of £13 million to her sons, which was reduced to £8.5 million after death duties.
This swelled to over £20 million thanks to years of savvy investments by royal advisors.
Harry spent hours slagging the royals on Oprah and Netflix, there's only one way he'll win William round
He may be the youngest, but Harry reportedly got a bigger inheritance from their great-grandmother Elizabeth Bowes-Lyon, known as the Queen Mother, after she passed away in 2002.
She left an estimated £70m fortune, including works of art and house contents, to her only surviving daughter, Queen Elizabeth II.
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But years prior in 1994,
the Queen
Mother also put two-thirds of her money into a trust fund for her great-grandchildren.
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Prince Harry inherited a sizeable amount from the Queen Mother, who died in 2002
Credit: Getty
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Harry and William also have money from Princess Diana
Credit: Getty - Contributor
William and Harry were set to share about £14 million from the investment, the
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However, it was reported that the bulk of the cash went to Harry because William will 'benefit financially' by becoming king.
William is first in line to the throne, while Harry is fifth in line.
He follows William's children with Princess Kate: Prince George, Princess Charlotte, and
The Duke and Duchess of
Sussex
stepped down as senior working royals in 2020, and have since relocated to
California
and live there with
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As well as using Prince Harry's inherited money, they have since earned cash through their deal with
Netflix
, Harry's Spare memoir, and Meghan has also launched her As Ever brand.
WILLIAM'S CASH
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Prince William received an annual private income of £22.9 million in the last financial year
Credit: Getty
This comes as it has been revealed that Prince William received an annual private income of £22.9 million in the last financial year, which fell from £23.6million for the previous year.
Unlike his father, King Charles, he declined to reveal his tax bill.
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It comes after questions on Duchy incomes, which pays for the Waleses' role in the Royal Family, were raised on Channel 4's Dispatches.
Wills pays the top rate of tax on his income from the estate. He promotes affordable housing through the Duchy.
How Meghan and Harry are investing their Netflix millions
HARRY and Meghan have begun investing their Netflix millions in a property portfolio.
They have
But the Sussexes, who have been spending an increasing amount of time apart, do not plan to live in their new pad, The Sun understands.
It is not known if the
But it is seen as the first step of putting earnings from their TV and
'They're being smart with their money,' a source said.
They pocketed £75million from streaming giant Netflix where they laid into fellow royals in a six-part series.
Meanwhile Harry, who
Palace insiders have been concerned about what will happen when the Sussexes run out of cash.
They have huge overheads, forking out a fortune on security in the US and for when Harry visits the UK.
And they are still paying a mortgage on the
Insiders say the Portugal home will be part of a financial portfolio which will include more real estate.