He also banked around £7million from his great-grandmother the Queen Mother, who paid it into a trust fund in 1994. Harry's personal wealth before meeting Meghan was derived from the estimated £20million inheritance from his mother Princess Diana. The Sovereign Grant is the money taxpayers allocated by the King to fund the royal family and is set at £86.3 million-a-year.
Harry also received an estimated £2million-a-year from the Sovereign Grant. It paid Prince Harry £2.3million-a-year - a figure he and Meghan would later claim contributed to 95% of their office expenditure. Its special royal status also gave Charles, and now Prince William, an exemption from corporation tax and capital gains tax. This colossal pot of money, estimated at £1billion, it is considered a public asset because it has been gifted to the heir to the throne by every British monarch since 1337. Prior to stepping back from the Royal Family in 2020, Prince Harry received money from his father's estate - the Duchy of Cornwall estate. Frogmore Cottage was painstakingly renovated with £2.4million on taxpayer money
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