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As Meghan Markle and Prince Harry’s March 2021 interview with Oprah Winfrey about their rift with the British royal family made headlines, one particular tidbit stood out. In early 2020, the Duke and Duchess of Sussex decided to step away from life as working royals. They were subsequently cut off financially from the royal family according to Harry and had to rely on other sources of funds for their personal security and expenses. Harry said that without the inheritance he received from his mother Diana, Princess of Wales, they would not have been able to build a new life in California. I've got what my mum left me, and without that, we would not have been able to do this, he said. We received a lot of questions about the exact amount Harry received from Diana. After some digging, we learned that back in 1998, when the contents of her will were announced, princes Harry and William were set to inherit equal amounts from her estate. In 1998, CNN and The New York Times both reported her estate as being around $21 million, the majority of which would be given to her sons. This amount was close to $10 million for each son. The information was released to the public by her estate in 1998. The will stated: Diana’s property included cash, stocks, jewelry, dresses, and other financial assets. Other beneficiaries included her butler, who received $82,500, and 17 godchildren who were able to choose one item each from among her personal mementos. The bulk of the estate was to go to William and Harry. British media also reported that when her will was announced, her sons were inheriting £6.5 million each, which, according to conversation rates in mid-1998, approximated close to $10 million. Contrary to what was stipulated in his mother’s will, which stated they should have access when they turned 25, her sons received full access to their inheritance on their 30th birthdays. This was due to the executors of her estate requesting a delay in the distribution of the money, though William and Harry reportedly received the interest accrued from their trust fund when they each turned 25. In Harry’s case, he got his full inheritance in 2014. By then, the amount had increased because of investments and the substantial interest gained. Many outlets reported that this amount was around £10 million pounds at that time. Based on conversion rates in 2014, this was close to $16 million. Today, that amount is worth $13.8 million. Given that we have a close estimate of what Harry received at the time of Diana’s death based on the information released by her estate in 1998, and a rough estimate of what he received when he turned 30 years old, we rate this claim as Mostly True.
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