Prince Harry, Meghan Markle’s financial health turns ‘challenging’
Prince Harry, Meghan Markle have found themselves facing a very ‘challenging’ situation
With the Royal Family’s summer audit coming soon, a source has just spoken out about the sword hanging overhead, because for those unversed, this examination of the royal properties decides a vast number of things, from lease arrangements to the actual finances.
But with that happening attention has one again been shifted to the Sussexes, i.e. Prince Harry and Meghan Markle who do not have the luxury of taxpayer funded security, or assistance.
The source that broke everything down spoke to The Mirror and according to their findings, “in some respects, it is undoubtedly more challenging” for them given their financially independent status.
What is pertinent to mention, as per the source is, “[The couple] no longer have a Sovereign Grant to support them, nor access to multiple homes maintained at public expense, whether through rent-free arrangements or nominal rents.”
But what they do have, per the same insider, is “an independent and entirely self-funded life,” one that “nobody else has to pay for and nobody else needs to worry about funding…unlike the Royal Family.”
What is also worthy to note is that the Sussexes have, in the past paid a heavy sum to the Firm, that too because they spent over £2.4 million in renovations. Renovations which lay largely untouched now that the Sussexes moved to the other side of the pond barely a year after they were done.
However there is one aspect to this that was largely unknown for quite some time, and that is that Harry and Meghan “always believed” that repaying the money for Frogmore “was the right thing to do.”
“Many people have suggested they had to be pressured into it, but the reality is that they had already factored repayment into their plans when they decided to step away from the institution,” the source explained before signing off.
This update comes as news broke that the subdivisions the couple had closed off, were now in line to be re-done, effectively returning the property to the ‘pre-Harry and Meghan’ era.
Furthermore, the anger among the public towards peppercorn rents that other royals enjoyed, largely unchecked for decades before the Sussexes were brought to the forefront for repayment is also a large part of the division.
Some are keeping their focus on former Prince Andrew who paid that small a fee to reside for decades in Royal Lodge, a 30-bedroom property.
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