Can Meghan Markle and Prince Harry Support Themselves Without Taxpayer Support?
The departure of Meghan Markle and Prince Harry from the royal family has sparked speculation about their financial future. With concerns about their ability to support themselves, this article explores the potential sources of income they can rely on and whether they can indeed become self-sufficient.
Where Did Their Money Come From?
The majority of their financial resources have indeed come from the royal family. According to reports, their inheritance from Queen Elizabeth II and their mother, Doria Ragland, played a significant role. In their last TV interviews, they criticized the royal family, which has led to a tense relationship. Since then, they have struggled to keep their titles relevant through various means, including television appearances and media interviews.
Speculate notions like relying on food stamps are far-fetched. The Sussexes have been making strides to make themselves self-sufficient. They have managed to support themselves using their titles and public appearances, which have kept them in the public eye.
New Ventures and Income Streams
Several new ventures and sources of income have emerged for the couple. The most prominent of these is their multi-million pound Netflix series, which is reportedly valued at $150 million. Additionally, Prince Harry has an agreement with Spotify, estimated at $18 million. Given these high-value deals, along with his inheritance of ￡30 million and Meghan's initial savings of around ￡4-5 million, they have substantial financial resources.
The Sovereign Grant and Its Relevance
A crucial point to consider is the Sovereign Grant. This fund was provided to cover expenses related to formal royal duties. Since Meghan and Harry are no longer carrying out such duties, the removal of this funding would be neutral for their finances. The idea that they would be financially crippled overnight is unfounded.
Conclusion: The Sussexes have managed to support themselves through their own efforts. Their departure from royal duties and subsequent reliance on their financial resources and media deals indicate a strategic approach to financial independence. While the transition has been challenging, they have shown that they can stand on their own two feet.