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Prince William Confirms Queen Mother's Tradition of Gift-Giving, Critiques Prince Harry's Achievements

Prince William Confirms Queen Mother's Tradition of Gift-Giving, Critiques Prince Harry's Achievements

Prince William and his wife, Kate Middleton, are set to lead a tribute to the late Queen Elizabeth II on the first anniversary of her passing, scheduled for September 8th. The royal couple will make a public appearance, taking this opportunity to honor the late Queen and reflect on her legacy.

On the other hand, Prince Harry has also announced his plan to visit the UK on the eve of the late Queen's death anniversary. Specifically, the Duke of Sussex will be appearing at the WellChild Awards on September 7th, where he is expected to deliver a speech. However, Prince Harry will reportedly not be joining the royal family for the commemoration of his grandmother's first death anniversary.

According to a source close to Kate Middleton and Prince William, the couple is unlikely to have any intention of meeting up with Harry or participating in joint engagements with him. The insider further emphasized that there has been no invitation extended by the Prince and Princess of Wales for Harry to appear alongside them or engage in private conversations.

There is a sense of apprehension at the palace that Harry might disrupt the carefully orchestrated events on September 8th by making an unexpected appearance, given that he will be in the UK on that day.

Prince William, who became the 27th Prince of Wales and acquired additional titles such as the Duke of Cornwall, the Earl of Chester, the Duke of Rothesay, the Earl of Carrick, and the Baron of Renfrew, also holds the role of Prince and Great Steward of Scotland. He inherited the extensive private estate of the Duchy of Cornwall, initially established by King Edward III in 1337 for his son, Prince Edward the Black Prince. The estate's revenues are allocated to support the public, private, and charitable activities of Prince William and his family.

Recent reports have revealed that Prince William received nearly £6 million in private income from the Duchy of Cornwall this year, with expectations of it surpassing £20 million next year. This increase is due to William being entitled to the surplus profits generated by the Duchy each year. In the 2022-2023 financial year, the Duchy achieved record profits of £24 million, marking a significant rise from the previous year.

In contrast, Prince Harry does not enjoy similar financial benefits. Contrary to rumors, there is no trust fund from their great-grandmother, the Queen Mother, allocated to Harry. Forbes has debunked this notion, as it lacks credibility considering the Queen Mother's significant debts at the time of her passing. Her assets were allocated to the Queen, not Harry.

While there may have been requests or speculations, the truth is that no substantial financial compensation was intended for Harry due to his non-sovereign status. The monarchy operates under a hierarchical system, and there is no equalization of financial resources among members.

The Prince of Wales expressed his appreciation for his father's lasting impact on the Duchy and his commitment to driving positive change. William also highlighted his dedication to addressing critical issues like climate change and contributing to social challenges such as mental health and homelessness through the estate's efforts.

Ultimately, Prince William's financial standing is distinct from Prince Harry's, and their roles within the royal family are reflected in their financial arrangements and responsibilities.

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