Prince Harry has reportedly exhausted the majority of the inheritance left to him by Princess Diana and the Queen Mother.
Claims surfaced on Tuesday, 5 May 2026, suggesting that the Duke and Duchess of Sussex have been forced to 'pull back' on their lavish spending after realigning their financial priorities in the United States.
While the Duke has previously stated that his mother's estate was a 'safety net' during their 2020 exit from the Royal Family, these fresh allegations suggest that the well may be running dry.
The Sussexes' office has issued a stinging rejection of the narrative, labelling the claims as speculative and lacking on-the-record evidence.
Harry has long said that the money left to him by Diana was crucial when he and Meghan stepped back from royal duties and relocated first to Canada, then to California. Inhis 2021 interview with Oprah Winfrey, he said he had been cut off by the Royal Family 'in the first quarter of 2020' and that his late mother's estate funded their security and early life abroad.
According toForbes, Harry's inheritance from Diana was estimated at around $10 million, and he has spoken in his memoirSpareof receiving a 'large sum' at the age of 30, which he regarded more as a reminder of loss than a windfall.
Citing five unnamed sources said to be close to the Sussexes, Wakeford wrote that the couple are 'wildly unhappy' and increasingly conscious of their finances, and that they have cut their household staff from 16 full-time employees to five.
According to Wakeford,Meghan is described by his sources as the more financially cautious of the pair, 'aware of how careful they need to be,' while Prince Harry, raised in an institution where almost everything was handled for him, allegedly 'lacks basic awareness of what things cost.'
The report suggests that, between security, property and the costs of their new lives in the US, much of Harry's inheritance from both Diana and his great-grandmother has been spent.
None of the figures in Wakeford's report is supported by on-the-record documentation, and the Sussexes' camp insists the narrative is speculative at best.
Source: International Business Times UK
