Prince Harry inheritance bombshell as insiders expose on Duke's finances

Rebecca Russell, Brigid BrownSat, May 9, 2026 at 11:00 AM UTC

0

Prince Harry getting out of the car

With Harry growing up privileged, he "lacks basic awareness of what things cost," says author (Image: Getty Images)

Prince Harry has suffered a significant setback as new allegations suggest that the majority of the multi-million-dollar inheritance he received from his mother, Diana, Princess of Wales, and his great-grandmother, Queen Elizabeth, The Queen Mother, has been depleted.

Writing in his Celebrity Intelligence newsletter, Dan Wakeford, a royal expert and former editor of People Magazine, suggests that the Duke and Duchess of Sussex are "wildly unhappy" and that they have reportedly had to "cut back," cutting their staff from 16 full-time employees to just five.

Wakeford writes that after speaking with five sources close to the Sussexes, Meghan is reportedly conscious of the need for financial prudence, reports Daily Express UK.

Harry and Meghan 'have to make money' as couple are accused of hypocrisy

Harry and Meghan's 'cool' response to 11th publicist exit raises questions

The columnist explains: "Meghan has a sense of how careful they need to be... Harry, raised in a world where everything was provided, reportedly lacks basic awareness of what things cost."

During their shock interview with Oprah Winfrey in 2021, Harry confirmed that he was cut off in "the first quarter of 2020," but disclosed that he still had the inheritance left to him by his late mother, Diana.

Harry inherited a large sum of money from his mother and great-grandmother, but it's gone, says insiders (Image: Getty Images)

According to Forbes, Harry received an "estimated $10 million inheritance" from his late mother's estate."

Mentioning his inheritance in Spare, he wrote: "Upon reaching thirty, I'd receive a large sum left to me by Mummy. I scolded myself for being gloomy about that: most people would kill to inherit money."

"To me, however, it was another reminder of her absence, another sign of the void she'd left, which pounds and euros could never fill."

While Harry acknowledged that he could use the funds for security purposes, he described spending it as a "last resort." He further stated: "We saw that money as belonging to Archie. And his sibling."

Advertisement

Harry's late great-grandmother is believed to have established the trust with an estimated $25million in 1994 to provide a tax-free lump sum to all of her great-grandchildren. When he turned 40 in 2024, Harry reportedly received between $9 and $11 million after the fund matured over the years.

DON'T MISS:

Queen allegedly 'rolled her eyes' at Harry's money requestsMeghan Markle advocates for financial independence in major dig at royalsMeghan 'under pressure to be breadwinner' as Prince Harry faces career crisis

Harry and Meghan have been accused of using their royal status to make money (Image: Getty Images)

The Queen Mother was 94 years old when the trust was established. The funds were to be distributed among her younger relatives, with an initial payment on their 21st birthdays and a subsequent payment upon reaching the age of 40.

Since stepping away from their duties as senior working royals, the Sussexes have pursued numerous revenue streams, including lucrative partnerships with streaming giants such as Netflix and Spotify.

Additionally, the couple regularly command fees for speaking engagements, generate income through Meghan's As Ever business, and previously received substantial sums from Harry's memoir, Spare.

When contacted for comment, a spokesperson for the Duke and Duchess of Sussex said: "The 'unnamed sources,' once again, doing a lot of very heavy lifting in this report."

"If they had any faith or evidence to back up what they allege, I don't understand why they wouldn't just go on the record with such claims," added the spokesperson.

"Still, I suppose it makes writing a lot easier for Mr. Wakeford when you don't have an Editor standing over you asking you to evidence it or 'stand it up.'"

The Sussex "spokesperson" didn't go on the record with their name.

]]>

Original Article on Source

Source: “AOL Entertainment”