Prince Harry set to inherit millions from Diana's estate
Prince Harry will become entitled to part of the inheritance left to him by his mother Diana, Princess of Wales when he turns 25 next week.
It is understood the third in line to the throne will, for the moment, not touch the money.
Like his brother Prince William, Harry was left £6.5 million in the princess's will following her death in a car crash in 1997.
A Clarence House spokesman said: "We don't discuss Prince Harry's private financial arrangements."
Diana had an estate of £21 million, but more than £8 million was paid in inheritance tax, leaving £12,966,022.
It was split equally between William and younger brother Harry.
Through investments, it is likely to have grown substantially since the princess's death 12 years ago.
But it is not known how or if the economic downturn has affected the amount.
Changes agreed to the will in December 1997 meant that, upon reaching 25, William and Harry would be entitled to the whole of the income of their share.
Before the age of 25, income could be paid at the trustees' discretion.
The trustees can pay over capital at any time, but when the princes turn 30, they can ask for their share of the capital in full.
The princess's estate was made up of stocks and shares, jewellery, her multi-million pound divorce settlement, dresses and personal items from Kensington Palace.
Harry is currently training to become an Army Air Corps helicopter pilot, and as a Lieutenant in the British Army is on a pay band of £29,006 to £32,061.
Born on September 15 1984, he was christened Prince Henry Charles Albert David at St Mary's Hospital, Paddington and will celebrate his birthday next Tuesday.
He trained to become an officer in the Army at the Royal Military Academy Sandhurst, joining the Household Cavalry and served in Afghanistan for 10 weeks last year.
From the blogs
There are more empty shops on our high streets than ever before, says another report into the state ...
The guard has changed at Old Trafford for the first time in 26 years. Meanwhile, down the road, the ...
There is a good many moments in the second episode of this psychological thriller that deserve refle...
The opening titles squeal ‘Never Can Say Goodbye…’. Oh Lord how I wish I could heave this series off...
- 1 'Sickening, deluded and unforgivable': Bloody attack brings terror to capital’s streets
- 2 Mothers' diets may harm IQs in two-thirds of babies
- 3 Gay couple beaten in park urge MPs to moderate language on gay marriage
- 4 After woman sells virginity for $780,000, here are the results of our prostitution survey
- 5 Far-right French historian, 78-year-old Dominique Venner, commits suicide in Notre Dame in protest against gay marriage
BMF is the UK’s biggest and best loved outdoor fitness classes
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Win anything from gadgets to five-star holidays on our competitions and offers page.