The Will of a Princess

  • Share
  • Read Later
Princess Diana left an estate worth more than $34 million, with lawyers saying that taxes alone will amount to some $14 million. Under the terms of her will, which was published Monday, the bulk of Diana's fortune will be held in trust for her children, Prince William and Prince Harry. Other beneficiaries are Diana's 17 godchildren and her former butler, Paul Burrell, who is to receive $82,000.

Meanwhile, organizers of a June charity concert in Princess Diana's honor say they haven't been snubbed by top stars. But Elton John won't be there because he's on tour then, while guitar legend Eric Clapton, former Beatle Paul McCartney, pop singer George Michael and opera star Luciano Pavarotti have also pleaded prior engagements. Concert organizers have been criticized by the British press for setting ticket prices at $65. Those set to perform at Althorp Park, where Diana is buried, include singers Sir Cliff Richard and Chris de Burgh and the pop band Wet Wet Wet.