Prince William inherits $15.5 million estate from Princess Diana as he celebrates 30th birthday

Prince William inherits $15.5 million estate from Princess Diana as he celebrates 30th birthday

London : United Kingdom | Jun 21, 2012 at 12:04 AM PDT
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Princess Diana with baby William in New Zealand

Prince William, Duke of Cambridge will celebrate his 30th birthday Thursday. As he celebrates he will go to inherit the $15.5 million estate from his late mother Princess Diana.

The Princess of Wales left an estate of nearly $20.4 million after taxes which estimated that with investments, the estate has grown to $31.4 million. Her will stipulated that the estate -- which includes stocks, jewelry, dresses, other personal belongings and cash from her $26.7 million divorce settlement with Prince Charles and be equally, divided to her two sons Prince William and Prince Harry. Princess Diana died on a car crash at the age of 36 on August 1997.

While Diana specified that the princes each would receive their inheritance at age 25, her executors among them Lady Sarah McCorquodale, the elder of her two sisters changed the terms of the will to rise the age to 30. However, since turning 25, William has been entitled to receive interest income from the estate.

Prince William chooses to celebrate his birthday with his family and wants to be private and simple.

Source: Newsday

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Duke and Duchess of Cambridge
Prince William and Duchess Catherine
shiela marie martinez is based in Butuan, Caraga, Philippines, and is a Stringer on Allvoices.
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