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The Queen Mother put a large amount of her money into a trust fund for her great-grandchildren, but it was agreed Prince Harry would have more of the money than Prince William.
She died 19 years ago today in 2002 at the age of 101, and the logic behind the Queen Mother’s decision in her will is to do with how finances work in the Royal family.
When the Queen dies, Prince Charles will become king and William, the Duke of Cambridge, will take over from Charles and become the new Prince of Wales.
This will mean William will take on the Duchy of Cornwall, a private estate which funds the public, and charitable and private activities of the heir to the throne.
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Meanwhile, Prince Harry, the Duke of Sussex, who recently landed a second job to tackle 'avalanche of misinformation' on social media, won’t get any of this apart from the cash he received from the Queen Mother along with the inheritance he got from his late mum, Princess Diana.
The funds have helped him financially for his new life in America with Meghan Markle, who will reportedly be 'dreading' the new book written about her life, after they stepped down from their Royal duties last year.
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Princess Diana left sons Harry and William £12,966,022 altogether, which was reduced to £8,502,330 after her death.
However it swelled to more than £20 million by the time Harry and William were old enough after years of investments by royal advisors. This inheritance money was split evenly between them.
After the Queen Mother’s death, Buckingham Palace released the details of her will after going to the high court to keep it private from the public.
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Her estate, which was valued at between £50m and £70m at the time, was passed onto the Queen and she didn’t have to pay inheritance on the fortune.
The Queen was recently praised for paying a tribute to the late Queen Mother on Mother’s Day.
She shared a throwback picture of herself as a young girl with her mother as she wrote on Instagram: “To all Mums everywhere, we wish you a very special Mother’s Day. #MotheringSunday.”
Many fans took to the comments section to share their thoughts over the photo with one writing: “Beautiful. Precious. Happy Mother’s Day to the Queen. And to all mamas celebrating on this day. May you all feel like queens.”
Another shared: “How lovely, wishing you warmth and comforting loving memories of your mother the Queen Mother.”
The black and white snap was likely to be taken during The Queen’s father’s reign as George VI.
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