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Prince Harry is one of the most popular members of the royal family. He grew up in the public eye and has already been called a royal rebel. These days, even if it is installed. The prince married Meghan Markle in 2018 and a year later, they welcomed their first child together.
The public's fascination with the Duke of Sussex has grown steadily and many people are wondering about the King, especially its real value. Here's more about the duke's net worth and how he makes his money, plus if his income will really change once his father, Prince Charles, gets on the throne.
Salaried position of Prince Harry
The prince had previously served in the army, which included two tours in Afghanistan.
During his ten years in the military, he rose to the rank of captain and, according to Forbes, his annual salary was between $ 50,000 and $ 53,000.
Harry ended his military career in 2015, but continues to work to help injured soldiers.
How he earns his money as Duke of Sussex
After leaving the armed forces, the prince became a full-time member of the royal family and, after his marriage to Markle, received the official title of Duke of Sussex. He receives an allowance for his work from the Duchy of Cornwall, currently headed by his father.
Between March 2017 and March 2018, the Prince of Wales made a $ 28.6 million reduction on the Duchy. It is valued at about $ 1.2 billion and covers the travel and living expenses of Charles's sons and their wives.
Today, Harry has an estimated net worth of $ 40 million, part of which comes from the legacy of $ 31.5 million that his late mother left to him, as well as William . The will of Princess Diana indicated that her property would be distributed equitably among her sons and placed in trust until they were 25 years old. The mother and sister of the princess, co-executors of the will, have legally amended certain provisions so that they would inherit from them only at the age of 30 years. For Harry, it was in 2014.
Will Harry's income change once Prince Charles is king?
When Charles becomes king, Prince William's income will certainly change. However, this will not be the case for Prince Harry.
The brothers currently have the same net worth, but once their father is on the throne, William will be much richer. This is because, as the heir presumes, the Duke of Cambridge will be entitled to the benefits of the Duchy of Cornwall.
The Duchy encompasses 135,000 acres of land in southern England, as well as a portfolio of investments. Land includes everything from farms with residential and commercial properties to natural resources such as forests and coastal areas. It was created in 1337 by Edward III and aims to provide an income to the eldest son of the monarch. So yes, Prince William will have it, but not Prince Harry.
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