Thursday, September 17, 2009
Lottery Winner: prince hairy
He's never worked, he never will.
Now 25, Prince Harry inherits a princely sum
He’s too busy with army duties for a party — but he gets a $15 million gift
By Mike Celizic
updated 7:03 a.m. PT, Tues., Sept . 15, 2009
There was to be no birthday party today for Prince Harry as he turned 25, but there was a heck of a gift — a princely inheritance estimated to be worth $15 million.
The legacy is from the estate of his late mother, Princess Diana, who divided her fortune equally between her two sons — Harry and his elder brother, Prince William — before her tragic death in 1997. Lady Di’s will provided that they would be able to have total access to the interest on the money at age 25, and to the principal when they turn 30 — so there’s still something more for Prince Harry to look forward to when he becomes a thirtysomething.
If the prince were just to withdraw the annual interest, according to reports, he could clear $500,000 a year.