Can iCloud storage sharing be done only with selected Family member from the Family Sharing group ?
iCloud Storage options
iPhone 12 Pro, iOS 15
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Can iCloud storage sharing be done only with selected Family member from the Family Sharing group ?
No.
Note the text from What is Family Sharing?
"When family members join, they get instant access to the group’s subscriptions and content that are eligible for sharing. Each family member uses their own account, so everyone’s experience stays personalized and private."