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Prince William and Prince Harry have decided to divide Princess Diana Memorial Fund as they build new organizations. This is seen as another step in the ongoing breakup of their official business. The Memorial Fund was set up in 1997 in the wake of the death of their mother Princess Diana.
It had been a charitable vehicle for William, Kate Middleton, Harry and Meghan Markle. Now that they have gone separate ways, they will be splitting the proceeds of the Fund. Harry is making plans for a new organization, Archewell and has asked for his share to go towards his HIV/AIDS charity fund.
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