Princess Diana got a huge sum of money from divorce with Prince Charles
Princess Diana earned a shocking sum of money from divorce with Prince Charles
Princess Diana’s marriage with Prince Charles was not a blissful one, that tragically ended in divorce.
A large number of royal fans were devastated after the duo parted ways, but what’s more shocking was the amount that Diana received as part of her divorce settlement with Charles.
The tumultuous marriage saw its end in 1995 when Queen Elizabeth advised the Prince and Princess of Wales to get divorced in a private meeting with the royal family.
According to sources, Diana earned a whopping £17million estimated, which amounts to approximately £31million today!
In addition, she also received £400,000 – around £730,000 today – as an annual allowance.
In her 2007 book The Diana Chronicles, “The Prince was first stunned, then outraged, when, in April he was presented with Diana’s final £17million term.”
The Princess held a high card: while Prince Charles was now desperate to be rid of her, she could wait.
In May, Diana went to the Queen and told her that unless her terms were met she would withdraw her consent to divorce.
Without it, Charles would have to wait another two years until the obligatory five have had been reached for a non-consenting divorce.
If she ran out of money, she would sell her jewels in order to live and that would be a great embarrassment,”
In retaliation, Charles contacted the law firm handling Diana’s divorce case to try and negotiate the amount.
However, “On July 13, the divorce deal was sealed on the terms Diana asked. It was a sweet clear victory.
“She may have lost her title but she had won financial independence of the first time in her life.”
Charles initially had to seek financial help from the Queen to help pay off the divorce sum.
“The Prince hated being obliged to borrow from his mother to meet Diana’s terms.”
As reported in 2004, “It is understood the Queen lent her son several million pounds for the divorce settlement and that he is still repaying her.”
After the divorce was finalized, Diana lost her royal HRH title and had to give up jewels owned by the monarchy, including her famous Spencer tiara.
Moreover, “The couple signed a confidentiality agreement, prohibiting them from discussing the terms of the divorce or any details of their lives together,” according to sources.