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
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Prince Harry turns 25 Sept. 15: Britain’s Prince Harry celebrates his 25th birthday and gets access to some of the inheritance left by his mother. NBC’s Dawna Friesen reports. Today show |
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Prince Harry charms U.S. While on his first official visit to the U.S., Prince Harry took time to play in the 2009 Veuve Clicquot Manhattan Polo Classic on Governors Island. more photos |
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The lives of princes Follow Princes William and Harry from cradle to adulthood, as they grew up in the spotlight of modern-day royalty. more photos |
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Prince Harry: ‘I’m three different people’ June 1: TODAY’s Matt Lauer talks to Britain’s Prince Harry about his first official trip to the U.S.; his busy lifestyle, which includes charity work in Africa, and how serving in the military has changed him. Today show |
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Prince Harry gets royal welcome in NYC May 30: The 24-year-old prince is making his first official visit to America, where he will participate in a charity polo match in New York City. Today show |
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.
He’s in the army now
The third in line to the British throne won’t be toasting his birthday fortune, at least not immediately. A second lieutenant in the British army, the prince is engaged in helicopter training with his army unit, a job that pays him about $44,000 a year. Pub crawls — even to celebrate a royal birthday — aren’t on the agenda.
That’s perhaps to the dismay of the British tabloids, which have had quite a lot of prurient fun over the years in trumpeting Harry’s peccadilloes, whether they be getting drunk in public, smoking marijuana, or dressing for a costume party in a Nazi uniform, as he did last January.
But leading up to his milestone birthday, Harry has shown the notorious British media his more mature side — the same one that he put on display last May when he visited New York City. During that trip, Harry paid a respectful visit to the site of the Sept. 11 attack on the World Trade Center, and helped raise $400,000 for African charities through a polo match.
Reviving romance?
According to media reports, during his birthday interviews Harry apologized for the Nazi uniform he wore, calling it “a very stupid thing to do.” He also seems to have generated support by vowing to be a “caring prince” — while not entirely swearing off the occasional cigarette and pint.
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He was less forthcoming on rumors that his romance with Chelsy Davy has been revived after crashing last January. People magazine has reported that Harry and the 23-year-old Davy were spotted leaving a Chelsea nightclub late Sunday.
According to People, “The former couple have kept in touch since splitting up, sources confirm. Just two months later, they briefly dated again, but the second go-round didn't blossom into another full-fledged romance. Since then, both have been linked with other people, but nothing serious has come about.”
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