KEY POINTS:
Prince William, the man that would be King, turned 25 yesterday and became entitled to part of the inheritance left to him by his late mother, Diana, Princess of Wales.
William, second in line to the throne, now has access to interest - estimated by financial experts to be between £250,000 (NZD$654,000) to £300,000 ($NZD$785,000) a year - accrued on the £6.5 million (NZD$16.9 million) he was left in the Princess's will after she died in 1997.
Details on when he will be able to access the entire inheritance are unclear.
According to British newspaper The Guardian, the Prince, for now at least, won't be touching any of the money he has inherited.
Similarly, William's brother Harry, 22, will gain access to his inheritance - a similar amount - according to their mother's will.
When Diana died a decade ago, she left an estate of £21 million (NZD$54.8 million). Of that amount, nearly £8 million (NZD$20.8 million) was paid in inheritance tax. The remaining funds were split between William and Harry.
William is also said to have access to funds left in trust to him by his great grandmother, the Queen Mother.
The newspaper reports that William will spend his birthday training with the Army at Lulworth in Dorset, UK.
- NZHERALD STAFF
