RICHARD KAY on the Prince of Wales lavishing millions on sons William and Harry

Mail Online | 1/17/2020 | Richard Kay for the Daily Mail
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As fireworks arced across the night sky over Windsor Great Park, Prince Charles oozed with paternal pride.

‘My darling old Harry, I’m so happy for you,’ he had declared in his father-of-the-groom speech as the lavish celebrations for the Duke and Duchess of Sussex’s wedding moved to its extravagant finale.

Fast - Months - Prince - Wales - Mood

Fast forward 12 months and the Prince of Wales was in a rather less benign mood as he leafed through pages of accounts relating to his son’s expenditure.

The bills for the wedding, the bills relating to the considerable sums spent on fixtures and fittings at the Sussexes’ home Frogmore Cottage — quite distinct from the taxpayer-funded structural renovations — and the ongoing bills for Harry and Meghan’s allowance that he also provides, were adding up.

Numbers - Royal - Desk - Clarence - House

But those familiar with some of the eye-watering numbers which have crossed the royal desk at Clarence House say there is another side to the story.

One figure went so far as to say that the money he spends, not just on Harry and Meghan but also on financing William and Kate, was ‘draining him’.

Brothers - Households - Charles - Duchy - Cornwall

Officially, the brothers and their households are funded out of Charles’s Duchy of Cornwall estate, but, in fact, the Prince has at times had to dip into his own private reserves.

It is thought the last time he had to do that on a significant level was in meeting Princess Diana’s £17.5 million divorce settlement in 1996, for which he also had to borrow from the Queen.

Year - Diana - Death - Money - Inheritance

Within a year following Diana’s death, that money, minus inheritance tax handed over to the Treasury, had ironically been transferred into trusts for his sons.

Against this backdrop it is no wonder that the Prince has been so dismayed by Harry’s decision to turn his back on life within the Royal Family for an increasingly uncertain future outside it.

One of his...
(Excerpt) Read more at: Mail Online
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