ibnlive » World

Jun 25, 2007 at 11:03am IST

William turns 25, gets mom's fortune

New Delhi: Prince William turned 25 on Thursday and inherited more than £6 million of his late mother Princess Diana's money.

However, he won't get all of it. Investment experts pout his fortune to approximately £300,000 a year. William's Clarence House office would not say what the prince planned to do with the money.

The prince apparently doesn't intend to touch it at least for now. The value of Princess Diana's total estate is nearly £13 million including stocks, shares and £17 million which she got when she divorced Prince Charles.

BIRTHDAY GIFT: At 25, William no more needs Queen's consent to marry.

Under the terms of her will, William and his brother Prince Harry will share equally in her estate.

William and Harry are both second lieutenants in the British army, earning salaries of about $44,000 a year. They also receive money for accommodation and other expenses from their father, Prince Charles.

Now that he is 25, William also can marry without the consent of his grandmother, Queen Elizabeth II but no royal nuptials are on the horizon.

William and his long-term girlfriend, Kate Middleton, announced in April that they had split.

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