Prince Harry Set To Inherit Millions On His 40th Birthday: Report

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.

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.