Thursday, June 21, 2012

Prince William turns 30, set to inherit $15.7 million on birthday



Prince William, the second in line to the British throne, turned 30 on Thursday, June 21, and will therefore receive about $15.7 million inherited from his late mother, Princess Diana.


According to Hello! magazine and other outlets, her will called for the bulk of her estate to be held in a trust and will for William and his younger brother Harry and then given to them when they turned 25. After she died in 1997, executors changed the inheritance age to 30, the outlet says.
Diana left in her will a net estate of about 12.9 million pounds sterling after an inheritance tax of some 8.5 pounds was deducted, the reports say. The UK newspaper The Guardian says the sum is made up of "stocks and shares and jewellery, dresses, other personal belongings and cash" from a 17 million pounds sterling divorce settlement from William's father, Prince Charles.



For more:
Wills celebrates 30th birthday and an inheritance fortune| TheSun.co.uk

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