Prince William celebrates 25th birthday
Prince William is celebrating his 25th birthday today.
It is not known how the second in line to the throne plans to mark the occasion but his finances are expected to get a major boost.
William is understood to become legally entitled to some of the income accrued on the £6.5 million left to him by Princess Diana.
But sources said that the future King will, for now, not touch the money - estimated by financial experts to be between £250,000 and £300,000 a year.
When Diana died a decade ago, she left an estate of £21 million. More than £8 million was paid in inheritance tax, leaving £12,966,022.
It was split equally between William and younger brother Prince Harry, leaving them around £6.5 million each and following investment, this is estimated to have grown to around £9 million.
Changes agreed to the will in December 1997 meant that, upon reaching 25, William and Harry are entitled to the whole of the income of their share.
A Clarence House spokesman said: "We don't discuss Prince William's private financial arrangements."
© Independent Television News Limited 2007. All rights reserved.
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